Bank Asia 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.

Loan Feature

• Loan amount BDT 50,000.00 to Maximum BDT 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 BDT 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.

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.

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

More Bank Asia Credit Offers

• Bank Asia Auto Loan

About Bank Asia PLC

Bank Asia PLC is a private commercial bank in Bangladesh that commenced operations on 27 November 1999. The bank provides a broad range of financial services to individuals, businesses, corporate organizations and entrepreneurs. Its operations focus on conventional banking, Islamic banking, digital financial services and financial inclusion. Bank Asia is regulated by Bangladesh Bank and is listed on the Dhaka Stock Exchange and Chittagong Stock Exchange.

The bank offers various deposit products, including savings accounts, current accounts, fixed deposits and specialized savings schemes. Its lending services include personal finance, home loans, SME financing, agricultural finance and corporate loans. Bank Asia also supports businesses through trade finance, export and import services, letters of credit, bank guarantees and foreign exchange transactions.

Bank Asia provides credit and debit cards, ATM services, cash deposit machines, fund transfers and electronic payment facilities. Customers can access digital banking services through internet banking and the bank's mobile applications, including account monitoring, utility bill payments, fund transfers and other supported transactions.

A significant part of the bank's operations is agent banking, which helps extend financial services to rural and underserved communities. Through agent banking outlets, customers can access selected services without visiting a traditional branch. The bank also offers Islamic banking through dedicated Islamic banking facilities and operates offshore banking services for eligible international banking customers.

Bank Asia PLC continues to contribute to Bangladesh's financial sector by supporting savings, investment, entrepreneurship, international trade and digital financial inclusion. Its combination of branch-based services, agent banking and electronic delivery channels helps serve customers across different regions of the country.