City Bank Student Loan

city bank
RAB 8 Barisal

 

city bank

Description

City scholar is a unique education loan offered to fund higher studies not only in Bangladesh but also abroad. It offers up to 95% of you fixed deposit value as student loan or up to tk.10 lac on purely collateral-free basis. Now is the time to excel and outshine your peers. you too can be a city scholar.

Benefit

– Secured overdraft facility –value can be up to 95% of the security deposit.
– Unsecured facility – loan amount up to Tk. 10 Lac
– Secured Equal Monthly Installments Facility – loan amount up to 95% of the security deposit
– Quick processing time
– Interest rate lower than other competitive products
– Student file service facility

Loan Amount

* Secured – up to 95% of the security deposit.
* Unsecured – loan amount up to Tk. 10 Lac

Eligibility

This education loan is designed to meet any type of educational financial need of a student. Any creditworthy individual can avail this loan facility for his/her offspring or for himself/herself.

Supporting Documents

– One valid Passpor copy of applicant and student (for study abroad)/ Driving License/ Voter ID
– Copy of College / University admission paper and proof of formal acceptance by student along with other documents (for abroad)
– 2 copies of photograph of the applicant and 1 copy photograph of the guarantor (if availing unsecured loan portion)
– Business card (if any)
– Copy of Tin related documents (TIN certificate in not mandatory)
– Letter of Introduction (in case of salaried executives) as per City Bank’s format or salary slip if that covers the major information of LOI
– Bank Statement for last 3 months for salaried persons and 6 months for professionals/businessmen for unsecured loans

 

Contact Info

City Bank

Phone: +880-2-8813483, 8814375, 8813126

Fax: +88-02-9884446

Email: info@thecitybank.com.bd

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