The leading home loans provider in the country offers you the most convenient home loans to suit your needs. With so many attractive benefits, the home you always wanted is no longer a dream.

BENEFITS

• Equal consideration for all applications irrespective of any professions
• Dedicated and supportive service both before and after disbursement
• Option to choose either Fixed or Variable rate of interest
• Loan sanction within shortest possible time and also before starting construction of the building or purchase of the apartment
• Early pre-payment option either in part or full with convenient conditions
• Income tax rebate on yearly interest payment on home loan up to Tk 2 million
• Municipality holding tax rebate
• Maximum loan offering to Non Resident Bangladeshi (NRB)
• Competitive interest rate and lower fees

HOME LOANS AVAILABLE FOR

• Purchase of apartment/ house/ commercial space/ approved housing plots
• Construction of residential/ commercial building
• Renovation or extension of residential house
• Home Equity loan against mortgage of property
• Home Loan under Bangladesh Bank Refinancing Scheme (@ 9% p.a.)

ELIGIBILITY

You are eligible if you are:

• 25 years and above but not more than 60 years of age
• Earning regularly from a sustainable source of employment or business

FACTORS AFFECTING YOUR LOAN AMOUNT

The home loan amount depends on your repayment capability. A number of factors are such as monthly net disposable income, age, qualifications, value of the immovable property, number of family members and dependants, monthly expense, other fixed obligations, nature of job / business and savings habit are taken into considerations.

Residential Purpose: 70% of the purchase price including registration cost or 80% of the construction cost of residential house.

Commercial Purpose: 70% of the purchase price including registration cost.

LOAN TERM

Residential Purpose

Category	Maximum Term	Maximum Age
Professional & Service Holders	20 years	60 years
Businessmen	15 years	60 years
Non Resident Bangladeshi (NRBs)	10 years	60 years

Commercial Purpose: For any profession, maximum 7 years

REPAYMENT MODE

The entire loan to be repaid by Equated Monthly Installments (EMI)

SECURITY

Mortgage of the property itself or any other equivalent security acceptable to IDLC.

INTEREST RATE & FEES

We offer you a competitive interest rate and low fees. We set individual rates on the basis of a customer's financial status, amount borrowed and repayment terms. Please contact any of our branch offices for current rate & fees.

PROPERTY INSURANCE

Mortgaged asset should have fire or earth quake insurance by any IDLC nominated insurance company.

HOW TO APPLY

Just feel free to call or visit any of our branch offices and collect the home loan application form free of cost. Our officers are waiting to serve you. Just visit our office or call today !

DOCUMENTATION REQUIRED

a. Employed

• Recent passport size photo, copy of National ID Card and Bio data
• Latest salary slip/salary certificate
• Bank statement for one year
• Statements of assets with copies of evidence
• Evidence of other income (if any)
• CIB Application Form
• Allotment agreement with developer/ owner
• Money receipts of amount already paid to developer/owner

b. Self Employed

• Recent passport size photo, copy of National ID Card and Bio data
• Tax assessment paper for last 3 years (Tax return & Assessment order)
• Profit & Loss account and Balance sheet of business for last 3 years
• Evidence of presents work in hand and value
• Bank statement for the last one year
• Statement of assets with copies of evidence
• Evidence of other income (if any)
• CIB Application Form
• Allotment agreement with developer/owner
• Money receipts of amount already paid to developer/owner

POST DISBURSEMENT SERVICES

Income Tax Certificate to enable you to claim the tax benefits is given to you free of cost.