Expatriate Welfare Bank Loan

Remittance is one of the sources of income in Bangladesh. And through this remittance, the financial condition of Bangladesh is improving. But for those who go abroad and return home from abroad if there is any problem in emigration, there is an arrangement of Prabasi Kalyan Bank loan to help them financially. Expatriate Welfare Bank Loan.

But we still don't know about Prabasi Kalyan Bank Loan Rules 2022 and all its benefits. And that is why we have brought you a post about expatriate bank loans today. So you can realize approximately it and advantage.

According to a survey, in the last 40 years, 1 crore 25 lakh people have gone from Bangladesh to work abroad. The variety of these emigrants is increasing each day. Which contributes more than 12% to the country's GDP.

Take loans from other banks:

Dutch Bangla Bank Loan System Islamic Bank Loan System

Even so, owning one is still beyond the reach of the average person. And for that, the Hon'ble Prime Minister of Bangladesh established the Expatriate Welfare Bank and provided various types of banking services. So now we don't know about the rules of expatriate welfare bank loans.

Rules for taking a loan from Expatriate Welfare Bank

Expatriate Welfare Bank has been to solve the financial problems of expatriates. And this bank provides various services to all the expatriates and they enjoy all these services as per their needs. But to get a loan from Prabasi Kalyan Bank, you must follow some important rules.

And if an expatriate applies according to these rules to get out of his problem, then the expatriate welfare bank is getting a loan. Let's know the rules for taking a loan from Expatriate Welfare Bank.

Eligibility to take Expatriate Welfare Bank loan

In order to take a loan from an expatriate welfare bank, the expatriate must be eligible to take a bank loan. And those qualifications are:

The person who will take the expatriate welfare loan through his close relatives and recruitment officer if he goes abroad and gets the visa for the job.

A person who will be the guarantor to take the bank loan must have financial well-being.

The person applying for a bank loan must provide two copies of a passport size photo and mobile number to verify the visa.

If the person taking the loan is absent for any reason, the relatives should be able to bear the debt.

The borrower will take out insurance benefits

If you can accept the conditions of the benefit and the person taking it has these qualifications, then your expatriate welfare bank loan must be confirmed within 3 working days.

Expatriate Welfare Bank Loan Document

The person taking the Expatriate Welfare Bank loan must collect some important documents or information. Because these documents are required for taking a bank loan. And those important documents are:

Two newly taken passport-size photographs and photocopy of the National Identity Card (both sides) of the person applying for an Expatriate Welfare Bank Loan.

In order to take a loan, the bank has to collect the application form from any responsible officer from the bank from which the loan will be taken.

The Applicant's permanent address and current address will be required.

Must be accompanied by a certificate of physical fitness.

The applicant will have two new passport size photographs of the person who will be the guarantor and a photocopy of the national identity card (both sides). A national identity card must be proprietary.

Expatriate Welfare Bank Loan Charge and Term

After taking the loan, the loan has to be repaid in monthly installments.

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