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One Bank Student Loan

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ONE Bank Limited offers Student Loan which is terminating loan facility under an Equated Monthly Installment (EMI) based repayment plan for study in home and abroad. This loan ranges from BDT 50,000 to 40,00,000 with flat 12% interest rate from 12 to 48 months tenor based on conditions. Any credit worthy local parents can apply with minimal documents.

Features

• Loan amount ranges from BDT 50,000.00 to 3,00,000.00 in case of local institution.
• Loan amount ranges from BDT 1,00,000.00 to Tk.40,00,000.00 in case of foreign institution.
• Loan tenor: 12-48 months and 12-18 months for foreign and local institutes respectively.
• 12% interest rate.
• Minimal documentation.

Loan Tenor

• 12 to 48 months for higher study in foreign institution.
• 12 to 18 months for study in local private university and english medium school.

Interest Rate

• 12.00%.

Eligibility

• Any credit worthy Bangladeshi parents/ guardian of the student's having age between 35 to 57 years.

Professional Experience

• Minimum 5 years in total, with minimum 6 months of continuous employment with present employer. Government employees must be confirmed on job.
• For businessmen, minimum 5 years in current business.
• For professionals, minimum 5 years in current practice.
• Minimum Gross Monthly Income: BDT 15,000.00 per month.

One Bank may change, add or remove any conditions any time without notification.

About One Bank PLC

The name 'ONE Bank' is derived from the insight and long nourished feelings of the promoters to reach out to the people of all walks of life and progress together towards prosperity in a spirit of oneness. OBL is a private sector commercial bank dedicated in the business line of taking deposit from public through its various saving schemes and lending the fund in different sectors at a margin. Proper risk assessment and compliance is meticulously followed in selection of asset and liability portfolio. The banks financing concentrate in both working capital and long term financing.