Bank loans are required for many business or personal purposes. Many people do not know how to get a bank loan. If you want a bank loan, you can’t actually get a bank loan.
As the saying goes, a friend is in danger and when you are in financial crisis, the bank comes as a friend, with bank loan facilities. Banks will help you do many things. However, the bank does not give a single hair in terms of interest.
However, the process of getting a loan from a bank is a bit complicated. So anyone can’t take a loan from the bank. Due to any mistake in the loan process, your loan application may get rejected. If you know how to get a bank loan, you can get a loan very easily.
Are you thinking of taking a loan from the bank? And worried about the complicated process of the bank? So let’s know how to get a bank loan.
Ways to get a bank loan
What is a bank loan?
Banks are ready to lend money to customers for a specific period of time, and this is a bank loan. As a condition of the bank loan, customers have to pay a certain amount of money and interest every month or every year.
Types and Types of Bank Loans:-
Banks provide different types of loans for different purposes. Loans can be of many types. That depends on your purpose. First you have to decide what type of loan you want for what purpose.
Which bank to take loan from?
Almost all banks provide loans in our country. Although all types of banks offer loan facilities, you have to choose which bank you will take the loan from. It is easier and more convenient to get a bank loan from the bank that has the lowest interest rate.
- Standard Chartered Bank Any Purpose Loan
Standard Chartered Bank will provide you with a loan for any purpose, through their Any Purpose Loan. If you take a loan of Rs 5 lakh for 5 years, the interest rate and monthly installments you will have to pay.
Interest Rate: 9.9%
Monthly Installment: 10,598.94 BDT
- Citibank Personal Loan
Citibank Personal Loan, providing loan facility to you at low interest. If you take a loan of Rs 5 lakh for 5 years, the interest rate and monthly installments you will have to pay.
Interest Rate: If you are employed, the interest rate for you is 10.5%. But if you are a businessman, the interest rate for you is 13%.
Monthly Installment: 10,746.95 BDT
- BRAC Bank Personal Loan
BRAC Bank provides personal loans at low interest rates. This is one of the best loan facilities in Bangladesh. If you take a loan of Rs 5 lakh for 5 years, the interest rate and monthly installments you will have to pay.
Interest Rate: The interest rate ranges from 10.5% to 12.75%.
- EBL SEO Loan
The best loan from EBL Bank is their All Purpose Loan or SEO Loan. This loan provides insurance facility. If you take a loan of Rs 5 lakh for 5 years, the interest rate and monthly installments you will have to pay.
Interest Rate: 10.5%
Monthly Installment: 10,746.95 BDT
- Trust Bank Salary Loan
If you are employed then you can apply for this loan. Trust Bank Salary Loan is one of the best salary loans in Bangladesh. If you take a loan of Rs 5 lakh for 5 years, the interest rate and monthly installments you will have to pay.
Interest Rate: 11.5%
