Bank Asia offers Home Finance/Investment facility at lowest profit rate

Bank Asia is currently offering home finance/investment facilities at the lowest profit rate, making it much more convenient for customers to build their dream homes or own their dream flat. Under the bank’s Islamic banking services, customers can have their desired home finance/investment at a 10.50 per cent profit/rent rate only.

According to a press release, no compounding profit/rent and no additional fees/charges for pre-maturity adjustments will be charged from the investment customer.

In the case of a salaried customer, employment certificate, salary certificate, receipt of income tax return, bank statement, photocopy of national id card, passport size photograph of both applicant and co-applicant will need to be submitted along with the application form.

In the case of self-employed or a business owner, photocopy of trade license, periodical profit and loss account of business, bank statement of business account, receipt of income tax return, personal bank statement, photocopy of national id card and photograph of both applicant and co-applicant will be required to be submitted.

While purchasing a flat, agreement/assignment letter with developer, money receipt of developer and project documents issued by developer will be required.

In order to receive investment facility for building construction, original title deed, 21-year lease deed, name-dismissal document, updated rent receipt, urban survey certificate, RS certificate, SA certificate, CS certificate, approved plans by RAJUK or other authorities, layout plan and permission etc. are required to be submitted.

Customers seeking assistance can contact any branch and Islamic window of Bank Asia PLC. The bank's contact centre number 16205 is also available round the clock.