To meet personal financial fund requirements;
- Major to Lt. Colonel – BDT 40 Lac
- Colonel & above – BDT 60 Lac
- Tenure: Maximum up to 10 years or in match with the unexpired service length of the concerned borrower whichever is earlier including grace period / moratorium;
- Moratorium Period: Maximum up to 15 months upon request of the client;
- Rate of Interest: 8.75 % p.a. (Rate may change, when required by management);
- Processing Fee: Nil;
- Security covenants: Assignment of the end service benefit / commutation benefits of the concerned borrower(s) in favor of the bank.
In-service Defence Officer of Bangladesh Army, Navy & Air Force who have completed at least 10 (Ten) years of service will be eligible for being a loan applicant.