Agrani Bank – Loan Against Pension vata Of Retired Govt. Officer/Staff

What is Agrani Bank Loan Against Pension vata Of Retired Govt. Officer/Staff?

This Loan option is Against Pension vata Of Retired Govt. Officer/Staff are monthly installment based loan that can be availed by any retired Govt. Officer/Staff.

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 Loan Against Pension vata Of Retired Govt. Officer/Staff in Brief:

• Applicable for any Govt. retired officer/stuff
• Term loan
• Age limit 65 years
• Loan limit upto 5.00 lac
• Intt. Rate 9% (changeable)
• Period 5 years and repayment by monthly installment wich will be adjusted from his/her pension vata/benefit
• Personal guarantee required
• Easy loan processing