Dhaka, Bangladesh (BBN)– Bangladesh Development Bank Limited (BDBL) is focusing its general banking at the Banking Fair Bangladesh-2015 as the banks earlier disbursed only term loan with a tenure period of 5-year to 10-year.
Bangladesh Bank Governor Dr Atiur Rahman inaugurated the five-day long banking fair on Bangla Academy premises in Dhaka on Tuesday.
The government established the bank after merging the two government institutions which are Bangladesh Shilpo Bank and Bangladesh Shilpa Rin Sangstha.
The clients are commonly informed that the bank disburse loan only long-term basis, but the information is now wrong, Md Reazul Islam senior principle officer of the BDBL told the BBN on Tuesday during the fair.
“We’re trying to inform the client during the fair period to operate general banking with our bank”, he said.
As part of the general banking, the bank is now offering personal loan between BDT 25,000 and BDT 1.0 million to the client with an interest rate of 14 per cent.
At the fair, the bank is also highlighting its product purchase loan.
Any client will be allowed to take loan from the bank to purchase product like television, freeze or furniture.
The ceiling of the loan product is BDT 1.0 million with an interest rate of 14.50 per cent.