Interest Rates
Following are the interest rates of deposit products for our honorable customers. We offer different rates on different product.
Type
Interest Rate
Savings Account
Avg. Balance below Tk. 1 Lac
3.25%
Avg. Balance Tk. 1 Lac & above but below Tk. 1.00 Crore
3.25%
Avg. Balance Tk. 1.00 Crore and above
4.00%
Special Notice Deposit (SND)
Avg. balance below Tk. 1 crore
2.50%
Avg. balance Tk. 1 crore but below Tk. 25 crore
3.00%
Avg. balance Tk. 25 crore but below Tk. 50 crore
3.50%
Avg. balance Tk. 50 crore but below Tk. 100 crore
5.50%
Avg. balance Tk. 100 crore and above
5.50%
For IPO Fund
3.00%
Fixed Deposit Receipt (FDR)
1 month tenure (Below Tk.1 crore)
3.00%
1 month tenure (Taka 1 crore but below 5 crore)
3.00%
1 month tenure (Taka 5 crore and above)
3.00%
2 months tenure (below 2 crore)
3.00%
2 month tenure (Taka 2 crore and above)
3.00%
3 months tenure (below 1 crore)
5.50%
3 month tenure (Taka 1 crore but below 5 crore)
5.50%
3 month tenure (Taka 5 crore and avobe)
5.50%
6 months tenure (below 1 crore)
5.50%
6 months tenure (Taka 1 crore and above)
5.50%
1 year tenure (below 1 crore)
6.00%
1 year tenure (Taka 1 crore and above)
6.00%
2 year tenure (below 1 crore)
6.50%
2 year tenure (Taka 1 crore and above)
6.50%
3 year tenure (below 1 crore)
6.50%
3 year tenure (Taka 1 crore and above)
6.50%
Interest Rate on SME (Small), Micro & Cottage Enterprise
Rate
Type
Mid Rate
Maximum Rate
a) Shubidha- unsecured trading (Term Loan)
13.50%
15.00%
b) Sristi Unsecured Manufacturing (Term Loan)
13.50%
15.00%
c) Shofol- unsecured service (Term Loan)
13.50%
15.00%
d) Shondhi- Secured Trading ( Term Loan)
13.50%
15.00%
e) Shombridhi- Secured Manufacturing(Term Loan)
13.50%
15.00%
f) Sheba Secured Service (Term Loan)
13.50%
15.00%
i) Trading, Manufacturing & Service
13.50%
15.00%
ii) Women Entrepreneurs
13.50%
15.00%
h) Utshob-Seasonal
13.50%
15.00%
i) Subarno- Women Entrepreneurs (Term Loan)
10.00%
10.00%
g) Shamadhan- Overdraft
Rate of Interest on Loans and Advances
Type
Mid Rate
Maximum Rate
Agricultural & Rural Credit
9.00%
10.00%
Term Loan to Industries
11.50%
13.00%
Working Capital to Industries
10.50%
12.00%
Trade Finance for Rice, Wheat, Edible Oil, Pulse, Peas, Onion, Dates & Sugar
11.00%
12.50%
Other Trade Finance
12.50%
14.00%
Export Credit
7.00%
7.00%
Other Commercial Lending
10.50%
12.00%
Housing -Commercial
11.00%
12.50%
a) Unsecured Personal Loan
12.50%
13.00%
b) Consumer Durable Loan
12.50%
13.00%
c) Auto Loan
12.50%
13.00%
d) Home Loan
11.50%
13.00%
e) Loan to Professional
12.50%
13.00%
f) Senior Citizen Support
12.50%
13.00%
Short Term Credit to corporate
10.00%
11.50%
Other Medium & Long Term to corporate
13.50%
15.00%
Loans to Non Banking Financial Institution
11.00%
12.50%
Consumer Credit:
3.4 Customer Service Customer service is an important, but broad concept in
the banking industry. In essence, banks are service-based businesses, so most of
their activities involve elements of service. While they do sell banking and
financial products, there is often little tangible product variation among their
offerings. Customer service managers generally deal directly with service issues,
but several other common banking jobs involve service. Customer Service
Product:
Saving Account
Current Account
Deposit Pension Scheme
Fixed Term Deposit
Shanchay Plus
Shanchaye Koti Poti
Monthly Benefit Plus
Double Benefit Plus
Triple Benefit Plus
3.8 Credit product
Bank Asia Limited offers various types of loan to customer. Each and every
product is designed in different way to meet the needs of the customers. The
verities of product that they offer are: 25
Auto Loan
House Finance
Senior Citizen Support
Consumer Durable Loan
Unsecured Personal Loan
Loan for Professionals
Term Loan
Subidha -Unsecured Trading
Sondhi -Secured Trading
Sristi Unsecured Manufacturing
Shombridhi- Secured Manufacturing
Shofol Unsecured Service
Sheba- Secured Service
Over Draft
Somadhan Secured
Special Products
Utshob- Seasonal Business
Subarno- Women Entrepreneur
Cheque-book facility
Opportunity to apply for - safe deposit locker facility
Collect foreign remittance in both TC. & Taka draft
Transfer of fund from one branch to another by
- Demand Draft
- Mail Transfer
- Telegraphic Transfer
Transfer of fund on Standing Instruction Arrangement
Collection of cheques through Clearing House
Online Banking service
SMS Banking
Bank Asia ATM Card Service
Deposit Accounts:
Current Account
Customer
Benefit
Completed account opening form
Passport size photograph for each account holder and nominee(s)
Documents
Required
Proof of identification such as national/Voter's ID, Passport or Driving License
Tax Identification No (TIN)
Trade
License
Opportunity
to apply for - safe deposit locker facility
Proof
address
copy ofinutility
Collectofforeign
remittance
bothbill
TC. & Taka draft
Transfer of fund from one branch to another by
- Demand Draft
- Mail Transfer
- Telegraphic Transfer
Transfer of fund on Standing Instruction Arrangement
Collection of cheques through Clearing House
Online Banking service
SMS Banking
Bank Asia ATM Card Service
Saving Account
Customer Benefit
Cheque-book facility
Completed account opening form
Documents
Required
Fixed
Term
Deposit
Features
Passport size photograph for each account holder and nominee(s)
Proof of identification such as national/Voter's ID, Passport or Driving License
Tax Identification No (TIN)
A term deposit account, guarantees interest on deposit
Attractive interstate rate
Flexible tenor
Documents
required
Completed account opening form
Up to 90% loan facilities
Passport size photograph for each account holder and nominee(s)
Bank Asia
Shanchay
Plus (Term
Deposit)
Proof of identification such as national/Voter's ID, Passport or Driving License
Benefits:
Flexible deposit tenures 12 months, 24 months, 36 months
Tax Identification No (TIN)
Attractive return on deposit amount
No hidden charges
Other
Issues:
Maximum deposit tenure is 3 years
Freedom to encash at three mentioned points of time with interests.
Deposit amount starts with Tk. 100,000 or its multiple
SOD loan facilities
Maximum deposit amount under single name Tk. 4,000,000
Terms &
Conditions:
Maximum deposit amount under joint name is Tk. 6,000,000
Only individuals can open this account
No interest before one year
Bank
Asia
Attractive and competitive interest rates
No hidden charges
Tax benefits as investment rebate
SOD loan facilities can be availed
No online charges for monthly deposit
Customer will enjoy charge free Savings Account
Deposit Pension Scheme Plus
Benefits:
Other Issues:
Tenure: 3, 5, 7, 10 and 12 years
Deposit amount starts from Tk. 500 to Tk. 10,000 monthly
Terms & Conditions:
Only individuals can open this account
In case of premature encashment, customer maybe given the maturity amount of previous tenure if that is completed by the
time of encashment. Then for remaining period, existing saving rate maybe applied.
Return Schedule
Monthly Saving
3 years
5 years
7 years
10 years
500
20,000
35,000
55,000
90,000
125,000
1,000
40,000
70,000
110,000
180,000
250,000
2,000
80,000
140,000
220,000
360,000
500,000
3,000
120,000
210,000
330,000
540,000
750,000
4,000
160,000
280,000
440,000
720,000
1,000,000
5,000
200,000
350,000
550,000
900,000
1,250,000
8,000
320,000
560,000
880,000
1,440,000
2,000,000
10,000
400,000
700,000
1,100,000
1,800,000
2,500,000
Rest of the terms & conditions unchanged
Bank Asia
Monthly
Benefit
Plus (Term
Deposit)
Benefits:
Rest of the
terms &
conditions
unchanged
Other
Issues:
Attractive and competitive interest rates
Monthly return up to 700 Taka for every one Lac Taka Deposit
No hidden charges
SOD loan facilities can be availed
Deposit tenure: 3 and 5 years
Deposit amount starts with Tk. 1000,000 or its multiple
Maximum deposit amount under single name Tk. 4,000,000
Maximum deposit amount under joint name is Tk. 6,000,000
Only individuals can open this account
Terms &
Conditions:
Customer must maintain link account with Bank Asia
No interest before one year.
Bank Asia Double Benefit Plus (Term Deposit)
Benefits:
12 years
Attractive and competitive interest rates
Double the amount in just 9 years
Rest of the
terms &
conditions
unchanged
No hidden charges
SOD loan facilities is available
Deposit amount starts with Tk. 50,000 or its multiple
Other
Issues:
Maximum deposit amount under single name is Tk. 4,000,000
Maximum deposit amount under joint name is Tk. 6,000,000
Terms &
Conditions:
Only individuals can open this account
In case of premature encashment, simple interest rate at existing savings deposit will apply.
Bank Asia Triple Benefit Plus (Term Deposit)
Attractive and competitive interest rates
Benefits:
Triple the amount in 12 years
No hidden charges
Rest of
SOD loan facilities is available
the terms
& conditions unchanged
Other
Issues:
Deposit amount starts with Tk. 50,000 or its multiple
Maximum deposit amount under single name Tk. 4,000,000
Maximum deposit amount under joint name is Tk. 6,000,000
Terms &
Only individuals can open this account
In case of premature encashment, simple interest rate at existing savings deposit will apply provided that the tenure of
deposit crossed one year
No interest before one year
Conditions:
Bank Asia Shonchoy E Koti Poti (DPS Product)
Benefits:
Attractive and competitive interest rates
No hidden charges
Tax benefits as investment rebate
SOD loan facilities can be availed
Other
Issues:
No online charges for monthly deposit
Deposit tenure: 5, 7, 10, 12 and 15 years
Deposit amount starts from Tk. 2,380 monthly
Customer will enjoy charge free Savings Account
Terms &
Conditions:
Maximum 4 (four) person can open joint account
Premature encashment:
- Within in 1 year: No interest will be provided.
Mont
hly
Insta
llme
nt
Sche
dule
T
e
n
o
r
M
o
n
t
h
l
y
S
a
v
i
n
g
i
n
1
5
Y
e
a
r
s
M
o
n
t
h
l
y
S
a
v
- Beyond 1 year appropriate saving rate will be applied.
Only individuals can open this account
ing in 12 Years
Monthly Saving in 10 Years
5,745
28,725
57,450
114,900
Monthly Saving in 7 Years
9,240
46,200
92,400
Monthly Saving in 5 Years
14,020
70,100
140,200
Rest of the terms & conditions unchanged
Interest Rate on SME (Small),
Micro & Cottage Enterprise
a) Shubidha- unsecured trading (Term Loan)
Subidha - Unsecured Trading
Eligibility:
Minimum two years business operation.
Valid Trade License.
Loan
Limit:
Relevant pre-requisites as desired by the bank from time to time.
Term loan without collateral Tk 2 lac to Tk 8 lac for trading
concerns.
Rate of Interest:
Attractive rate of interest.
Designed to meet financing need for business expansion and
for purchase of fixed of assets.
Key
Features:
Three personal guarantors acceptable to the Bank and society.
Eligible entities: Sole Proprietorship Firms, Partnership Firms, Private limited Companies.
Sristi Unsecured Manufacturing
Minimum two years business operation.
Eligibility:
Valid Trade License.
Loan Limit:
Relevant pre-requisites as desired by the bank from time to time.
Term loan Tk 2 lac to Tk 8 lac for manufacturing / production
concerns.
Rate of Interest:
Attractive rate of interest.
Key
Features:
Designed to meet financing need for business expansion and
for purchase of fixed of assets.
Three personal guarantors acceptable to the Bank and society.
Eligible entities: Sole Proprietorship Firms, Partnership Firms, Private limited Companies
Shofol - Unsecured Service
Minimum two years business operation.
Eligibility:
Valid Trade License.
Loan Limit:
Relevant pre-requisites as desired by the bank from time to time.
Term loan unsecured and secured Tk 2 lac to Tk 8 lac for
service concerns.
Rate of Interest:
Attractive rate of interest.
Designed to meet financing need for business expansion and
for purchase of fixed of assets.
Key
Features:
Three personal guarantors acceptable to the Bank and society.
Sondhi Secured
Trading
Eligible entities: Sole Proprietorship Firms, Partnership Firms, Private limited Companies.
Minimum two years business operation.
Eligibility:
Valid Trade License.
Loan Limit:
Relevant pre-requisites as desired by the bank from time to time.
Term loan Tk 8.50 lac to Tk 50.00 lac for trading concerns.
Rate of Interest:
Attractive rate of interest.
Designed to meet financing need for business expansion and
for purchase of fixed of assets
Key
Features:
Resident/ commercial/ industrial property/ encashable securities are accepted collaterals.
Eligible entities: Sole Proprietorship Firms, Partnership Firms, Private limited Companies
Shombridhi - Secured Manufacturing
Minimum two years business operation.
Eligibility:
Valid Trade License.
Loan Limit:
Relevant pre-requisites as desired by the bank from time to time.
Term loan Tk 8.50 lac to Tk 50.00 lac for trading concerns.
Rate of Interest:
Attractive rate of interest.
Key
Features:
Designed to meet financing need for business expansion and
for purchase of fixed of assets.
Resident/ commercial/ industrial property/ en-cashable securities are accepted collaterals.
Eligible entities: Sole Proprietorship Firms, Partnership Firms, Private limited Companies.
Sheba - Secured Service
Minimum two years business operation.
Eligibility:
Valid Trade License.
Loan Limit:
Relevant pre-requisites as desired by the bank from time to time.
Term loan Tk 8.50 lac to Tk 50.00 lac for service concerns.
Rate of Interest:
Attractive rate of interest.
Designed to meet financing need for business expansion and
for purchase of fixed of assets
Key
Features:
Resident/ commercial/ industrial property/ encashable securities are accepted collaterals.
Eligible entities: Sole Proprietorship Firms, Partnership Firms, Private limited Companies
Utshob Seasonal Business
Minimum two years business operation.
Eligibility:
Valid Trade License.
Loan Limit:
Relevant pre-requisites as desired by the bank from time to time.
Term loan unsecured and secured Tk 2 lac to Tk 8 lac for all
concerns.
Rate of Interest:
Attractive rate of interest.
Designed to meet financing need for emergency business
expansion during the festival / season.
Key
Features:
Eligible entities: Sole Proprietorship Firms, Partnership Firms, Private limited Companies.
Single Installment loan (monthly interest payable).
Subarno Women Entrepreneur
Minimum two years business operation.
Eligibility:
Valid Trade License.
Loan Limit:
Relevant pre-requisites as desired by the bank from time to time.
Term loan without collateral Tk 2 lac to Tk 8 lac for all Women
Entrepreneurs from any sector.
Term loan with collateral above Tk. 8 lac to 50 lac all Women Entrepreneurs from any sector.
Rate of
Interest:
Attractive rate of interest.
Designed to meet financing need for business expansion and
for purchase of fixed of assets
Key
Features:
For unsecured three (3) personal guarantors acceptable to the Bank and society.
For secured limit resident / commercial / industrial property/ en-cashable securities are accepted collaterals.
Eligible entities: Sole Proprietorship Firms, Partnership Firms, Private limited Companies
Agricultural /Rural Loan
Agriculture remains the most important sector of Bangladesh economy. Overall economic development of the country is dependent on the
development of agriculture sector. Agriculture contributes 23% to our GDP. It is inevitable that the food security of the country can be
ensured only through expansion of this prioritized sector. However, as widely identified, one of the major constraints that has been
hindering sustainable growth and development of this sector is scarcity of fund amongst the poor farmers.
Recognizing this and also to facilitate the same, Bank Asia has been providing agricultural credit since its inception. The credit facility has
been distributed through Direct and Indirect Channels.
The Agricultural Credit Department of the Bank has been working since 2006. Till September, 2012 we have disbursed agri/ rural credit to
1,86,196 beneficiaries through its rural branches as well as NGO linkages.
Position of Agricultural credit
Particulars
Direct
NGO
Total
Outstanding (As on
30.09.2012)
170.94
1,198.95
1,369.89
Disbursement (July12Sep12)
39.70
22.50
62.20
No. of beneficiaries
333
1,85,863
1,86,196
Sectors/Sub-sectors
Bank Asia has been providing agricultural credit in the following sectors/ sub-sectors:
Target Customer
Mode of Finance
Interest Rate
Rate of interest is 13% p.a. with quarterly rests.
We are also offering loan facilities at 4% interest rate for cultivating spice, maize, oilseed and pulse.
Consumer Finance:
Auto Loan
This product will allow car financing to the customer segment. Under this
scheme, the vehicle is hypothecated to the bank only. In addition to this
registration requirement, on a case-to-case basis, bank may also secure the loan
partially by the commonly acceptable form of cash/quasi cash securities
available in the market.
Customer Segment: Any Bangladeshi individual who has the means and
capacity to repay bank loan, e.g. salaried executives of multinational and middle
to large size local corporate, Government officials, Officials working in reputed
NGOs (Non Government Organizations), international aid agencies & UN bodies,
any tax paying businessmen of repute, any employed / self-employed tax-paying
individual having a reliable source of income.
Loan Feature: The Loan amount Maximum Tk.20,00,000.00 for both
Recondition & Brand New Car. Repayment of the loan is maximum 6 years for
brand new car and 5 years for recondition car. Loan repayment will be equal
monthly installments. There is no hidden cost and no early settlement and partial
adjustment fees. The interest rate would be a competitive interest rate in the
market.
Eligibility: The age of the borrower should be at least 25 years and maximum
up to 65 years old at loan maturity. Borrower should have a surplus of at least Tk.
15,000 of income. An employed person should have a minimum service of 3
years and has to be a confirmed employee of the organization he works for. Self
employed should have a minimum of 3 years of business running.
House Finance
This product will facilitate the customer to have financing for purchase of flat/house, construction of new house, extension and renovation of
existing house
Any Bangladeshi individual who has the means and capacity to
etc.
repay bank loan. In specific terms, these could be salaried
executives of multinational and middle to large size local
1.
corporate, Government officials, Officials working in reputed
Customer
NGOsamount
Loan
(Non Government
Tk. 3,00,000.00
Organizations),
to Maximuminternational
Tk.75,00,000.00
aid
Segment
agencies & UN bodies, any tax paying businessmen of repute,
any employed / self-employed/ tax-paying individual having a
Repayment tenure Maximum 15 years including maximum 1 year grace period.
reliable source of income.
2. Loan
Feature
Payment method- Equal Monthly Installments.
Loan to price ratio-70: 30
Competitive interest rate
3. Eligibility
Age limit: Minimum 25 years, Maximum 65 years at loan
maturity
No early settlement & partial adjustment fees
Minimum income: Debt burden ratio based
3.8.4
No hidden cost.
For salaried individual, minimum service length of 1 year and must be a confirmed employee. For self employed individual, a
business record of minimum 3 years & Land lord having substantial rental income.
Consumer Durable Loan A personal loan scheme that supports purchase of
various consumer durables such as Television, Refrigerator, Air Conditioner,
Audio-Video Equipments, Washing Machine, Personal Computers, other
household furniture/ appliances etc. Under this scheme, the item purchased to
be hypothecated to the bank. In addition, on a case-to-case basis, bank may also
secure the loan partially by the commonly acceptable form of cash/ quasi cash
securities available in the market.
Customer Segment Any Bangladeshi individual who has the means and
capacity to repay bank loan. In specific terms, these could be salaried executives
of multinational and middle to large size local corporate, Government officials,
Officials working in reputed NGOs (Non Government Organizations), international
aid agencies & UN bodies, any tax paying businessmen of repute, any
employed / self-employed tax-paying individual having a reliable source of
income.
Loan Feature Loan amount Tk. 50,000.00 to Maximum Tk.5,00,000.00
Repayment tenure Minimum 1year to Maximum 4 years.
Payment method- Equal Monthly Installments.
Competitive interest rate
No early settlement & partial adjustment fees required
No hidden cost.
Eligibility
Age limit: Minimum 25 years, Maximum 57 years at loan maturity
Minimum income Tk 15,000.00 per month
For salaried individual, minimum service length of 3 year and must be a
confirmed employee. For self employed individual, a business record of minimum
3 years.
Unsecured Personal Loan
Unsecured Personal Loan (UPL) is a terminating facility offered by Banks Consumer Credit Department to individual salaried persons living in the
cities / towns where the Bank has its operations. It is a clean or unsecured loan in the sense that only security in this type of loan product is: a)
Letter of Introduction from employer b) Transfer of monthly salary and assignment of Terminal Benefits c) Personal Guarantee taken from specific
section of people.
Any Bangladeshi individual who has the means and capacity to
repay bank loan. In specific terms, these could be salaried
executives of multinational and middle to large size local
Loan
amount
minimum Tk.
50,000.00
to Maximum
corporate,
Government
officials,
Officials
working in reputed
Tk.10,00,000.00
NGOs (Non Government Organizations), international aid
agencies & UN bodies, having a reliable source of income.
1.
Customer
Segment
Repayment tenure Maximum 4 years.
2. Loan
Feature
Payment method- Equal Monthly Installments.
Competitive interest rate
3. Eligibility
Consumer
Durable
Loan
No early settlement & partial adjustment fees
Age limit: Minimum 25 years, Maximum 57 years at loan
maturity
Minimum income Tk 15,000.00 per month
No hidden cost.
Minimum service length 2 years. At least 6 months with current employer
A personal loan scheme that supports purchase of various consumer durables such as Television, Refrigerator, Air Conditioner, Audio-Video
Equipments, Washing Machine, Personal Computers, other household furniture/ appliances etc. Under this scheme, the item purchased to be
hypothecated to the bank. In addition, on a case-to-case basis, bank may also secure the loan partially by the commonly acceptable form of cash/
quasi cash
Any Bangladeshi individual who has the means and capacity to
securities
repay bank loan. In specific terms, these could be salaried
available in the
executives of multinational and middle to large size local
market.
corporate, Government officials, Officials working in reputed
NGOs (Non Government Organizations), international aid
1.
agencies & UN bodies, any tax paying businessmen of repute,
Customer
any employed / self-employed tax-paying individual having a
Segment
reliable
sourceTk.
of 50,000.00
income. to Maximum Tk.5,00,000.00
Loan amount
Repayment tenure Minimum 1year to Maximum 4 years.
2. Loan
Feature
Payment method- Equal Monthly Installments.
Competitive interest rate
3. Eligibility
No early settlement & partial adjustment fees required
Age limit: Minimum 25 years, Maximum 57 years at loan
maturity
Minimum income Tk 15,000.00 per month
No hidden cost.
Loan for
For salaried individual, minimum service length of 3 year and must be a confirmed employee. For self employed individual, a
business record of minimum 3 years.
Professionals
A personal loan scheme meant for professionals only (doctors, engineers, architects, IT professionals, management consultants etc.) to support
their small scale purchase of different equipment, tools and small machineries for installation at their business sites / offices.
Any Bangladeshi in the following professions as self employed
or salaried people:
- Doctors or medical professionals
- Engineers
Loan
amount Tk. 50,000.00 to Maximum Tk.5,00,000.00
- Architects
1.
Customer
Segment
Repayment tenure Minimum 1year to Maximum 4 years.
2. Loan
Feature
- IT professionals
- Management Consultants
Payment method- Equal Monthly Installments.
Competitive interest rate
3. Eligibility
No early settlement & partial adjustment fees
Age limit: Minimum 25 years, Maximum 65 years at loan
maturity
Minimum income Tk 15,000.00 per month
No hidden cost.
Senior
Citizen
Support
For salaried individual, must be confirmed employees of a relevant firm. For self employed individual, a business record of
minimum 2 years.
Senior Citizen Support is a terminating facility offered by Banks Retail Banking Division to the Senior Citizen in the society living in the cities /
towns where the Bank has its operations. It is a special loan package to the senior citizen having repayment capacity. It is an unsecured facility.
1.
Customer
Segment
Repayment tenure 1year to Maximum 3 years.
Loan amount Tk. 25,000.00 to Maximum Tk.2,00,000.00
The senior citizen in the society i.e. retired persons having
pension facility or rental/Interest income.
Payment method- Equal Monthly Installments.
2. Loan
Feature
Competitive interest rate
No early settlement & partial adjustment fees
3. Eligibility
No hidden cost.
Age limit: Minimum 57 years, Maximum 65 years at loan
maturity
Monthly surplus income (after meeting expenses) shall be at least two times of the installment amount.
