2022 Probashi Kallyan Bank Loan Interest Rate | Probashi Kallyan Bank Loan Amount 2022
Bangladesh Probashi Kallyan Bank is one of the state-owned specialized banks in Bangladesh. The bank was established in 2010 through the Expatriate Welfare Act-2010 to provide various types of financial services to Bangladeshi expatriates working in different countries of the world, one of the driving forces of the present Bangladesh economy. Since its inception, Bangladesh Probashi Kallyan Bank has been providing various loan facilities for the rehabilitation of expatriate expatriates, their family members, and expatriates returning abroad. Apart from providing various types of loan assistance, it also provides savings services (Savings Scheme, Bangabandhu Double Benefit Scheme, Bangabandhu Savings Scheme, and Marriage Savings Scheme).
Dear Visitor, If you are thinking of taking a loan from Bangladesh Probashi Kallyan Bank and how to apply for a loan, what are the qualifications, then you have come to the right place.
Expatriate Welfare Bank Loan
Bangladesh Expatriate Welfare Bank currently offers 4 (four) types of loan facilities. These are Immigration Loan, Rehabilitation Loan, Bangabandhu Immigrant Large Family Loan, and Special Rehabilitation Loan.
At this stage, let us know the details about different loans of the Bangladesh Expatriate Welfare Bank.
1) Immigration loan
If you or a member of your family obtains a valid visa for employment or work abroad through someone you know or through a company but cannot afford enough to go, you can go abroad with a loan from the Expatriate Welfare Bank. However, in order to get an immigration loan, the applicant must have financial means. Where the interest rate is 9 percent. Depending on the duration of the visa received in the country, the loan taken in 2 months / 1 year / 2 years or 22 monthly installments has to be repaid.
Eligibility for an immigration loan
To get a Probashi Kallyan Bank immigration loan, the applicant should have the following qualifications-
Legal and permanent citizen of Bangladesh aged 18 years and above.
Legal employment visa abroad.
Assuming the responsibility of repaying the bank loan of a close person in the absence (guarantor).
Financial Affordability for Borrowing.
Documents required for an immigration loan
Documents required to get immigration loan from Probashi Kallyan Bank:
Newly taken 03 copy passport size attested color photo.
Attested photocopy of applicant's voter ID card, passport, union parishad / municipality certificate.
2 copies of passport size photo of the guarantor, attested photocopy of voter ID card, and union parishad / municipality certificate.
3 pages of check in the bank account of any one of the guarantors. (MICR check)
Attested a photocopy of educational qualifications.
Attested photocopy of Certificate of Physical Fitness or Medical Certificate.
Attested photocopy of both sides of the immigration clearance card issued by BMET.
Attested a photocopy of my work experience certificate.
Attested a copy with the date from the agency from which you will purchase the flight ticket.
Debt repayment affidavit (written on stamp).
Aircraft photocopy (if required)
Read more: Voter ID card download rules.
2) Rehabilitation loan or rehabilitation loan
It is very difficult to get a job back home after working abroad for a long time. As well as age also becomes a big factor but to survive one needs to do something. Again, many expatriates have to return to the country due to visa complications and foreign policy or due to illness. If you want to come to the country and be self-sufficient, you need capital. Bangladesh Expatriate Welfare Bank provides rehabilitation loans without collateral and with a guarantee at simple interest for expatriates who have returned to the country after working abroad for a long time. You can apply for this loan if you are an expatriate returning abroad.
Expatriate Welfare Bank provides rehabilitation loans for various works or projects such as agricultural loans, medium type agricultural dependent projects, setting up of poultry farms, fish farming, setting up of biogas plants, solar energy projects, IT-based entrepreneurs, one house one farm. Projects, special loans for women entrepreneurs, cow fattening, dairy farms.
Rehabilitation loan eligibility
Expatriates returning from abroad must have the following qualifications to get a rehabilitation loan:
Legal and permanent citizen of Bangladesh.
Valid documents as proof of proper return from abroad and working abroad.
Property in the name of the person owning the loan or in the name of the father.
Applicants must apply for a loan within 5 years or less of repatriation.
Documents required to obtain a rehabilitation loan
The following documents will be required to get rehabilitation loan assistance from Bangladesh Probashi Kallyan Bank-
Applicant CV (with family information)
Trade license of the business
Three recent passport size color attested photographs.
Attested photocopy of Voter ID Card, Union Parishad / Municipality Certificate.
Address with details of the project/business for which you want to take a loan.
Lease agreement, ownership deed if own land.
Income and Expenditure Statement for next two years for a new project. And if it is an old project, calculate the profit and loss of the last 2 years.
Attested a copy of land deeds.
Attested photocopy of all documents related to repatriation from abroad.
2 copies of passport size photo of the guarantor, attested photocopy of voter ID card, and union parishad / municipality certificate.
Attested photocopy of the certificate if the applicant knows any work.
Names, addresses, phone numbers of two socially and financially established identifiers.
Affidavit of loan repayment.
Read more: Passport Rules.
3) Bangabandhu Immigrant Large Family Loan
If you or any member of your family stays abroad for employment after getting an immigration clearance card, any member of that person's family such as father, mother, husband-wife, brother, sister, the child can get a loan from Bangladesh Probashi Kallyan Bank at the low-interest rate on easy terms with the maximum interest of Rs. Can take The large sector for which Bangabandhu Immigrant family loans are given are the agriculture sector, small and cottage industries, trade, and commerce.
Bangabandhu Immigrants are eligible for large family loans
If a large family of Bangabandhu Immigrants wants to get a loan from Probashi Kallyan Bank, the applicant should have the following qualifications:
Bangladeshi must be a legal citizens.
Applicants must be between 18 years of age and 55 years of age.
Immigrants must have been legally employed abroad for a minimum of 1 year or more.
Must have experience in the project for which you want to take a loan.
There can be no history of any type of debt default.
Those involved in insane or anti-state activities or accused in the case will be considered ineligible for the loan.
The financial well-being and social acceptance of the person wishing to get the loan.
Necessary documents
Documents required for Bangabandhu Immigrant Large Family Loan-
Attested photocopy of visa, smart card along with documents related to the family member who is in exile (including passport exit sealed page).
Immigrant person's request (permission) letter.
Statement of remittance.
3 attested color passport size attested photograph of the applicant recently.
Attested photocopy of Voter ID Card, Union Parishad / Municipality (Chairman Certificate) Certificate.
Attested passport size attested photo of the guarantor, voter ID card, and attested photocopy of union parishad / municipality certificate.
Copy of updated trade license if in business.
Original copy of property deed, rent receipt, certificate of exemption, CS, RS, SA and BS pamphlet, DCR, mouza map, CIB report, and photocopy of other documents including land.
4) Special rehabilitation loan
Expatriates are one of the many people who have been affected in many ways in the worldwide Covid-19. Bangladesh Probashi Kallyan Bank has introduced a special loan facility under Migrant Workers Rehabilitation Loan Policy for Kovid-19. Especially for those who have lost their jobs due to Covid-19 and come back to the country and for those whose family members have died due to Covid-19 while working abroad, this special loan provides up to a maximum of Taka 2 lakh at a simple 4% interest.
Qualifications and required documents
All the documents and qualifications required to get a special rehabilitation loan from Probashi Kallyan Bank are-
Minimum age of 18 years.
Legal and permanent citizen of Bangladesh.
Attested photocopy of the applicant's passport with the sealed page of departure and arrival, proof of going abroad legally, proof of sending remittance legally.
If there is any loan in Probashi Kallyan Bank, it has to be repaid.
Read more: Aircraft rules and tips.
How to apply for Expatriate Welfare Bank Loan
Dear Visitor, Let us know about the rules for applying for a Bangladesh Expatriate Welfare Bank loan at this stage-
You have to apply along with the manager or director by filling the prescribed application form for the loan you want to get from Bangladesh Probashi Kallyan Bank. Contact the nearest Expatriate Welfare Bank branch and talk to the responsible loan officer. They will help you in any way they can.