| 1 |
Service charge, Flat method |
12.80% |
12.80% |
| 2 |
Service charge per Tk. 1000 |
Tk. 125 (Till 30 June 2024), Tk. 127 (Till 30 August 2025), Tk. 128 (Current) |
Tk. 125 (Till 30 June 2024), Tk. 127 (Till 30 August 2025), Tk. 128 (Current) |
| 3 |
Weekly pay-back per Tk. 1000 |
... |
... |
| 4 |
Number of weekly installments to complete repayment |
45 (Till 30 June 2024), 46 (Current Number) |
45 (Till 30 June 2024), 46 (Current Number) |
| 5 |
Loan insurance premium during every cycle disbursement |
Tk. 5 per thousand for coverage of member and spouse.nTk. 3 per thousand for coverage of member only |
Tk. 3 per thousand for coverage of member ONLY |
| 6 |
Loan insurance payment after borrower's death |
Outstanding to be Written off |
Outstanding to be Written off |
| 7 |
1st repayment starts |
14 days after disbursement |
14 days and 1 month after disbursement for weekly and monthly installment system respectively |
| 8 |
Grace period and holidays in each cycle (year) |
6 weeks |
6 weeks |
| 9 |
Provision for advance repayment Last |
6 installments |
Last 6 installments for weekly and 1 installment for monthly repayment system |
| 10 |
1st cycle loan amount |
Tk. 5,000-99,000 |
Tk. 1,00,000-5,00,000 |
| 11 |
Amount increase in next cycle |
... |
... |
| 12 |
1st loan disbursement |
1 week after enrollment |
1 week after enrollment |