Agrani Bank – Any Purpose Loan

What is Agrani Bank Any Purpose Loan?

Personal loans are monthly installment based loan that can be availed by any person who has worked for over 5 years or has at least 5 years time t retire.

Agrani Bank emerged as a Nationalized Commercial Bank following the Bangladesh Banks (Nationalization) Order 1972 vide President’s Order No. 26 of 1972 under which former Habib Bank Limited and Commerce Bank Limited and renamed as Agrani Bank. The Bank was incorporated as a State-owned Commercial Bank on 17 May 2007 under the Companies Act 1994. On a going concern basis, Agrani Bank Limited took over the business, assets, liabilities, rights and obligations of Agrani Bank through a vendor’s agreement signed on 15 November 2007 between the Ministry of Finance of the People’s Republic of Bangladesh and the Board of Directors of ABL with retrospective effect from 01 July, 2007.

Agrani Bank Any Purpose Loan in Brief:

• Applicable for any service holder who has worked for atleast 5 years or has service left for atleast 5 years
• Loan limit upto 3.00 lac
• Intt. Rate 9% (changeable)
• 5 years period & repayment by monthly installments
• Clients personal guarantee and guarantee from a solvent person is required
• Easy loan processing