Which bank is best for home loan in Bangladesh
A home loan, which is referred to as a mortgage, housing finance, or property loan, is funds acquired from a bank or financial entity to purchase, construct, remodel, or enlarge a home or apartment. The individual who borrows the money pays it back gradually along with interest.
home loan in Bangladesh
SL | Bank | |
1. | Standard Chartered Bank | Presents attractive interest rates on home loans that are within the single digits. Additionally, they provide financing options that cover as much as 70% of the property’s value, with repayment periods extending to approximately 25 years. (“Standard Chartered … provides the lowest single-digit interest rates … clients now have the opportunity to secure a new home loan with an interest rate starting from 9.5 percent … funding available up to Tk 1.2 crore”) |
2. | BRAC Bank | Recognized for a more adaptable application procedure, excellent customer assistance, and appealing mortgage offerings. They have established a significant presence in consumer and mortgage markets. |
3. | City Bank | These financial institutions offer home loan and housing financing options that come with appealing characteristics, such as Sharia-compliant choices, adaptable payment plans, and reasonable processing durations. City Bank is particularly recognized for its “City Islamic” division and associated housing finance services. |
4. | Dutch-Bangla Bank Limited (DBBL) | Provides easy-to-obtain mortgage options; interest rates are quite competitive when compared to various private banking institutions. Strong standing in the industry and more straightforward processing. |
5. | IFIC Bank | Provides financing options featuring variable interest rates, extended repayment periods, substantial maximum loan sums, and several choices with fairly low rates. |
Standard chartered bank home loan Bangladesh
Standard Chartered Bank Bangladesh provides a wide range of home loan options designed to meet different requirements, such as buying, building, upgrading, or refinancing real estate. Below is a summary of their home loan services:

Home Loan Features
- Maximum Loan Tenure: Up to 25 years for salaried individuals and 10 years for businesspersons.
- Loan Amount: Varies based on income and property value; higher amounts may be available upon request.
- Loan-to-Value Ratio: Up to 70% of the property’s value.
- Interest Rates: Competitive rates starting from 9.5% per annum.
Eligibility Criteria
- Age: Applicants must be between 25 to 70 years at the time of loan maturity.
- Experience: At least 3 years of continuous employment or business experience.
- Income: Minimum net monthly income of BDT 78,000 for salaried individuals.
- Location: Applicants must reside in areas with Standard Chartered branch coverage, such as Dhaka, Chattogram, and Sylhet.
Required Documents
- Identity Proof: National ID card and passport-sized photograph.
Income Verification: For salaried individuals: Salary certificate and last 6 months’ bank statements. For businesspersons: Updated trade license, partnership deed, and business documents.
- Property Documents: Ownership deed, mutation certificate, tax receipts, and approved building plan.
Online Application– Apply
BRAC Bank Home Loan
Loan Purpose
- Purchase of finished, under-construction, semi-completed, or second-hand / resale houses or apartments.
- Takeover of an existing housing loan from another bank or financial institution.
- Construction, renovation, extension of own home.
Loan Amount & Financing Share: Maximum loan amount can go up to BDT 2 crore in many cases.
Loan Tenure Loan repayment period (tenure) can go up to 25 years.
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Interest Rate & Fees
Processing fee depends on the loan size:
• For loans up to BDT 50 lakh: 0.50% of loan amount or BDT 15,000, whichever lower.
• For loans more than BDT 50 lakh: 0.30% or BDT 20,000, whichever lower.
Eligibility & Other Conditions
- Income criteria: The lowest monthly earnings needed for those with salaries is around BDT 25,000; however, for entrepreneurs, self-employed individuals, or landlords, this requirement is usually higher, commonly BDT 30,000, along with a necessity for further business experience.
- Age of the applicant: Generally, applicants must be at least 25 years old, and the age limit is 65 years by the time the loan ends.
- Experience in work/business: Typically requires a minimum of three years for self-employed or business individuals; those with salaries must prove stable employment.
- Ownership of property, title deeds, and legal paperwork must be properly maintained. This includes a registered ownership deed, an approved construction plan, and similar documents.
City Bank Home Loan

Loan amountf: BDT 5 lakh to 2 crore (i.e. BDT 500,000 — BDT 20,000,000). Repayment period, 1 year to 25 years.
Eligibility Criteria & Requirements: Age: 22 to 65 years old. Minimum income: As noted, BDT 50,000+ monthly for most; lower (BDT 30,000) for government employees. Minimum income: As noted, BDT 50,000+ monthly for most; lower (BDT 30,000) for government employees. Property documents: Ownership documents, valuation, approved plans etc. (Bank usually requires proof of the property’s legal title and its value) — though exact list is provided by bank.
Provide Paperwork
- Identification (national ID, passport, etc.)
- Proof of income (pay stub, bank statements, business records)Property records (deed, sanctioned building plan, tax receipts, etc.)
- Evidence of experience (employment or business background)
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Dutch-Bangla Bank — Home Loan
Loan amount Can go up to ~ BDT 2 crore depending on applicant income, property value etc.
Interest Rates Variable (floating) rate; subject to bank policy and market / Bangladesh Bank rates.
Minimum Income / Age Applicants typically need to demonstrate stable income (salaried or business) and meet age criteria
Finance portion (LTV) Up to 70% of property value in many cases.
Tenure Up to 25 years for many borrowers.
Processing / Fees Processing fee, valuation, registration/legal fees apply. Fees are proportional to loan amount and bank policy.
Read: Urgent personal loan in Bangladesh
Eligibility Check
Confirm your age, income level, job or business experience, and credit background. Make sure the property you wish to acquire meets all necessary criteria (ownership documents, approvals, etc.).
Property Selection: Choose between a completed property, one that is being built, or a fixer-upper. If the property is still under construction, assess the reliability of the developer and confirm if a tripartite agreement or similar arrangement with the bank exists for fund disbursement.
Documentation: Gather required paperwork: proof of identity (national ID, passport, etc.), verification of income (salary slips or bank statements, or financial records from a business), tax returns, property-related documents (title deed, sanctioned architectural plan), and possibly a marriage certificate if applying jointly.
Application Submission: Hand in your home loan application along with all necessary documentation at a BRAC Bank location or through an approved submission method.
Valuation & Legal Verification: The bank will conduct an assessment of the property’s value. It will also carry out legal checks regarding the property’s title, ownership, and any potential liens. Building plan approvals will be validated if necessary.
Security / Mortgage Registration: The bank will officially register the mortgage or security interest in the property. The borrower typically covers any legal registration costs, including registration fees and stamp duty.
Disbursement: After completing all legal procedures, the bank will release the loan. If the property is under construction, funds may be disbursed in stages as key construction milestones are reached. For a ready property purchase, either the total amount or an agreed portion will be released.
Approval & Sanction: If all documents are in order and the bank is satisfied, a sanction letter will be provided detailing the approved loan amount, interest rate, duration, breakdown of EMIs, repayment timetable, and associated terms and conditions.
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