Bank Investment depends on clients’ socio-economic conditions. Company will not be legally responsible for this bank investment. If the client is eligible for the bank investment then Company will take necessary actions to get the bank investment. On the other hand, those who are resident out side of Bangladesh will be eligible for bank investment if he/she satisfies the following terms & conditions:

For IBBL / Prime Bank (Islamic Banking Branch)

i.        Client who is living abroad will not be eligible for bank loan. In that case his legal representatives (wife/husband/son/daughter/Brother/Sister) who have the eligibility to get the investment can arrange bank loan. in the name of his representative if sale deed of the apartment is made in favour of him. The Apartment will also be registered in the name of his representative.

Additional Documents for Industrial Development Leasing Company (IDLC):

i.         Personal Guarantee from an employed person (age bellow 50) in Bangladesh;

ii.       Power of Attorney (PoA) to a Bangladeshi resident as per prescribed format. POA will have to give personal guarantee of the loan also;

iii.      Maximum term of loan will be 7 years;

iv.      Self employed person will not be eligible for bank loan;

v.        All documents to be attested by the Bangladesh Embassy or the Bangladesh High Commission of the concern country;

Non Resident Bangladeshi Documents List

Employment related Documents:

1. Employment contract (if the contract is in a language other than English, an English translation of the same attested by the embassy/employer);
2. Latest salary slip/salary certificate showing all deductions;
3. First four pages of the passport and other necessary relevant pages (if applicable);
4. Visa stamped pages/residency permit;
5. Continuous Discharge Certificate (CDC) in case of merchant, navy personnel;
6. Latest work permit;
7. Copy of identity card issued by the current employer;
8. Overseas and local bank account statements for last 12 months;
9. Bio-data (education & experiences) and family background details;
10. Company profile/brochure;
11. Tax papers (UK, US and Canadian residents);

Other Documents:

1. Both husband and wife will have to apply together for loan.
2. Power of Attorney (by both the applicants) to a Bangladeshi resident as per DBH draft, attested by Bangladesh Embassy in the residing country and then, by ministry of foreign affairs in Bangladesh.
3. Personal guarantee from employed person(s) in Bangladesh as per DBH format.