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Bproperty.com, having over 25,000 properties available for sale and rent on the portal, is offering customers home loan facilities through BRAC Bank Limited to facilitate its purchasing process.
The real estate marketplace signed a memorandum of understanding with the bank about this at the latter’s corporate head office in Dhaka city recently, according to a press release received on Tuesday.
Under the deal, the statement said bproperty.com customers will get home loans at 10.5 per cent interest from the bank.
Women customers, however, will enjoy a further deduction of 0.25 per cent in the interest rate, it said.
The statement added that potential customers, overall, will get 1.0 per cent discount in the processing fee.
Mark Nosworthy, CEO of bproperty.com, and Nazmur Rahim, Head of Retail Banking, BRAC Bank Limited signed the deal on behalf of their respective entities.