Monday | 11 November 2024 | Reg No- 06
বাংলা
   
Monday | 11 November 2024 | Epaper
BREAKING: Yunus opens special lounge for migrant workers at Dhaka airport      5 burnt in gas cylinder explosion at Kafrul      Khaleda Zia's 10-year jail term in Zia Orphanage Trust graft case stayed      10.50 lakh complete registration for online tax payment so far: NBR      Three more advisers sworn-in      Dengue: 5 more die, death toll reaches 355       Eskaton double murder: Ex-MP's son Rony's bail stayed      

NRBs can get bank loans up to Tk 10 lakh without collaterals 

Published : Friday, 4 October, 2024 at 12:00 AM  Count : 240
 
From now on, Non-Resident Bangladeshis (NRBs) will be able to take up to Tk10 lakh loan from banks based on bank-customer relationships without collaterals.

"To widen the financing facilities, it has been decided that banks can extend loans to NRBs for bonafide purposes on banker-customer relations," said a Bangladesh Bank (BB) circular issued on Wednesday. 
However, it stated that NRB borrowers should be regular remitters through official channels to avail the loan facility.

The loan amount shall be up to the requirements or Tk10 lakh, whichever is lower.

"Repayments of the loan need to be settled out of inward remittances sent by borrowers working abroad. Banks shall adhere to applicable credit norms, prudential regulations, customers' due diligence, etc, as usual," stated the circular.


LATEST NEWS
MOST READ
Also read
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Online: 41053014; Advertisement: 41053012.
E-mail: info©dailyobserverbd.com, news©dailyobserverbd.com, advertisement©dailyobserverbd.com, For Online Edition: mailobserverbd©gmail.com
🔝