1. DBR for House Finance: 2. DBR for Auto: 3.

DBR for Personal Loan:

25,000- 59,999 = 40% 20,000- 50,000= 35% 15,000- 39, 999 = 40%

60,000- 99,999 = 45% 50,001- 75,000= 40% 40,000- 99,999 = 45%

1,00,000- 1,49,999= 50% 75,001- 1,00,000= 45% 1,00,000+………= 50%

1,50,000 +…………..= 55% 1,00,001- 2,00,000= 50%

2,00,000+…………..=55%

Additional 5% will be added if customer resides in own house in that case DBR may go up to 55%.

Home Loan features:

 Age of the borrower will be within 23 years to 65 years at the loan maturity. But, loan
maturily time would not be exceeded to Retirement age.
 LTV(Loan/PV of collateral*100%) ratio for home loan would be maximum 70%
 Maximum age of the property :35 years at the end of loan tenor

Personal Loan (Features):

Income Range (Personal Loan):

For Type A: BDT 15,000/- to BDT 29,999/------ 10 Times

BDT 30,000/- to BDT 49,999/- ------15 Times

BDT 50,000/- to BDT 99,999/- ------18 Times

BDT 1,00,000/- & Above- ---------20 Times (Maximum Limit Tk. 20 Lac)

For Type B: BDT 15,000/- to BDT 29,999/- -----08 Times

BDT 30,000/- to BDT 39,999/- -----10 Times

BDT 40,000/- to BDT 79,999/- ----- 12 Times

BDT 80,000/- to BDT 1,19,999/- ----15 Times

BDT 1,20,000/- & Above -------------17 Times (Maximum Limit Tk. 20 Lac)

For Type C: Partial Cash Salary (at least 30% in Bank Credit) 10 Times of gross monthly income & full Cash Salary:
8 times of gross monthly income.

Monthly gross income of applicants should be minimum Tk. 1.00 Lac or above (Criterion for availing loan
above BDT 10.00 Lac).

 Bank Asia employees are entitled to avail this loan without CPV & Loan KYC.
e
(01) Product : SHUBIDHA-L33 (Unsecured term loan for trading concern)
Features Particulars
(A) Loan ceiling , interest & other charges of loan
Loan ceiling Tk. 0.20 to 0.80 million.
Purpose Working capital finance and/or fixed asset finance both.
Loan tenor Tk. 0.20 to 0.50 million (maximum 24 months).
Above Tk. 0.50 to 0.80 million (maximum 36 months).
Rate of interest 18.00% p.a. (interest rate may be revised by Corporate Office authority from time to time).
Processing fee 1.00% on loan amount.
Risk fund Up to 1.00% on loan amount.
Loan application fees Tk. 200.00
Repayment mode By equal monthly installment.
Repeat Loan May be allowed after 80% timely repayment of the installments.
(B) Financial Parameter
Loan to price ratio
Working capital finance: Loan amount can not exceed 75% of the sum total of average inventory (cost or
market value whichever is lower) and regular (up to 180 days) receivables of the last year.
Fixed asset purchase: Loan amount can not exceed 75% of the purchase price but debt equity ratio in fixed
assets investment in the projected year (after purchase of new fixed assets) would not be more than one.
Debt equity ratio Debt equity ratio may be up to maximum 1:1 (Debt/equity ratio being obtained in total liabilities/networth
(including retained earnings or reserves).
Debt Burden Ratio(DBR) Monthly installment size will be maximum 75% of monthly net income after considering liabilities with
other
Bank & Financial Institute.
(C) Eligible Entrepreneur:
Nationality Bangladeshi by birth
Age 18 to 60 years
Experience 2 years in the same line of business for 0.20 to 0.50 million.
4 years in the same line of business for above 0.50 to 0.80 million.
Tenor of the business The business must be a going concern with more than 2 (two) consecutive years in operation.
Employment No government employee is eligible for loan.
Employees of private organizations are eligible subject to submission of “No Objection Certificate (NOC)” from
the employer as confirmed by the officer.
Location of the business The business should be located surrounding the Bank Asia Limited branches across the country.
More
importantly, enterprise located under the command area of one branch cannot be booked by another branch.
Restricted Sector Transport & Vehicle, Real-estate & Commercial Building, CNG Conversion, Travel Agency, C & F Agent,
Buying
House, Brick Field, Work Order, RMG (export) financing.
(D) Eligible Guarantors:
Nationality Bangladeshi by birth
Age 18 to 60 years
Net worth Minimum 125% of the loan amount but in case of family guarantor(s) this limit is relaxable.
Existing guarantor/client Guarantor of an existing loan is allowed to take loan from the bank.
Any existing borrower cannot provide more than one guarantee for another loan.
(E) Security (as applicable):
Hypothecation Hypothecation on the inventory, receivables, advance payment, plant & machineries.
Personal Guarantee Personal guarantees of spouse/parents/brother(s)/sister/other family members and land owners.
Third party personal guarantee, other than immediate family members.
Additional guarantee(s) will be required for exception.
Post dated cheque Post dated Cheques for each installment and one undated cheque for full loan value including full interest payable
thereon.
Possession/Rental deed Deposit of original Title deed/ up to date rent receipt/possession/rent deed of the business
premises.
Charge document DP note and other usual charge documents.
Additional Security Security will be obtained if entrepreneur want to give Registered/equitable mortgage or cash collateral
willingly.
(F) Other documents:
CIB report
Up-to-date & unclassified CIB report.
In case of woman, CIB report of the husband will be obtained in addition to her. In case of male entrepreneur,
CIB report of the wife will be obtained if the wife owns business.
Contact Point Verification Contact Point Verification (CPV) should be done for all applicants (information of Business and
residence)
Quotation
In case of fixed assets financing at least 03 (Three) quotations from suppliers must be obtained price and other
information will be verified by the branch officer and accepted by customers.
Restriction on facilities to
related parties (if Ltd. Co)
Banks shall not take any exposure on a SME in which any of its director, shareholder, employee or their immediate
family members are holding 5% or more of the share capital of the SME.