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 a loan from Prabasi Kalyan Bank, charges and time limits are fixed by the bank. And all those banks and deadlines are-
- The person who will take a bank loan of a certain amount will have to pay 9% interest to repay it.
- The loan is repaid according to the visa of the country in which the borrower is staying. In this case, the maximum is two years.
- After taking the loan, the loan has to be repaid in monthly installments.
Expatriate Welfare Bank House Loan
Expatriate Welfare Bank provides house loans. And this loan is called rehabilitation. If you want to take loans for various agricultural projects then you can take such loans and implement various small and cottage industries projects. But to take such a loan you have to follow some rules and those rules are discussed below.
Eligibility for loan
One of the qualifications you need to have to get a Prabasi Kalyan Bank House Loan is that the borrower must have ownership of the secured property and all other necessary documents. The person applying for this loan must return abroad and have valid documents upon return which can be applied for within 5 years.
Required documents
The person applying will have to take 3 recent passport-size photographs and photocopies on both sides of the national identity card.
- The applicant must take a copy of the owner’s address and the permanent address.
- All the necessary documents for repatriation from abroad should be taken.
- You need to hide all the other details for all the important discussions about the bank loans.
- Keep a photocopy of your contract and rent the site you choose as a project site and its documents or rent.
- In the case of taking such a house loan, the person who will be the guarantor for the project will have to collect it.
So if you take all these documents with you for taking the Prabasi Kalyan Bank house loan, then you will benefit.
Bank loan charges
In case of taking a Prabasi Kalyan Bank House Loan, you must bear the bank charges. Like other bank loans, this house loan will have to pay 9% bank interest and Prabasi Kalyan Bank will fix the term of your loan and the loan amount according to the type of your project.
Expatriate Welfare Bank Loan Form
To get a Prabasi Kalyan Bank loan, you must fill out and submit a form. But many of you do not know where to collect the Expatriate Welfare Bank Loan Form. Since all technology is current, you will get all the information through technology. Similarly, you can collect the form for the Prabasi Kalyan Bank loan from the official website of Prabasi Kalyan Bank of Bangladesh.
We are providing the link to the Prabasi Kalyan Bank Loan Form for your convenience. You can easily collect the form of Expatriate Welfare Bank Loan by following the link given by us and you can follow the next steps.
The benefit of taking a loan from the Expatriate Welfare Bank
There are many benefits to taking a loan from an expatriate welfare bank. In the past, if the expatriates had any financial problems. There was no one to help them except a special person. Therefore, thinking of them, the Government of the People’s Republic of Bangladesh established the Expatriate Welfare Bank under it. Provides various financial benefits to the expatriates. And the benefits that expatriates get as a result of taking loans from such banks are:
- If an expatriate has a financial problem while in exile, he can take a loan from the Expatriate Welfare Bank to improve his financial condition.
- The person cannot go abroad due to a financial crisis while in Bangladesh, they can go abroad with a loan from Prabasi Kalyan Bank.
- If an expatriate wants to rehabilitate while in exile and find a way to finance by setting up various types of projects, they are given a loan from the Expatriate Welfare Bank for different periods. And with that loan money, they implement various projects.
Branches of Prabasi Kalyan Bank
For those of you who want to avail the services of Prabasi Kalyan Bank but do not know the address of the bank. We are presenting below all the information about the main branch of Prabasi Kalyan Bank and its branches through a table below.
The Benefit of taking a loan from Expatriate Welfare Bank
There are many benefits to taking a loan from an expatriate welfare bank. In the past, if the expatriates had any financial problems, there was no one to help them except a special person. Therefore, thinking of them, the Government of the People’s Republic of Bangladesh established the Expatriate Welfare Bank under it and provides various financial benefits to the expatriates. And the benefits that expatriates get as a result of taking loans from such banks are:
- If an expatriate has a financial problem while in exile, he can take a loan from the Expatriate Welfare Bank to improve his financial condition.
- The person cannot go abroad due to a financial crisis while in Bangladesh, they can go abroad with a loan from Prabasi Kalyan Bank.
- If an expatriate wants to rehabilitate while in exile and find a way to finance by setting up various types of projects. They are given a loan from the Expatriate Welfare Bank for different periods. And with that loan money, they implement various projects.
Branches of Prabasi Kalyan Bank
For those of you who want to avail the services of Prabasi Kalyan Bank but do not know the address of the bank. We are presenting below all the information about the main branch of Prabasi Kalyan Bank and its branches through a table below.
Office address Mobile no
- Dhaka 71-72, Eskaton Garden Road, Dhaka 1000 02-63217
01700602600 - Faridpur Dilu Plaza, College, Raghunandanpur, Faridpur 0731-75255
01700602703 - Manikganj Bismillah Tower, Holding: 69, Shaheed Rafiq Road, Ward No-06, Manikganj Sadar, Manikganj 02-6106
01700602706 - Madaripur Lashkar Bhaban, Holding No-316, Main Road, Madaripur 01700602709
- Mirzapur China Tower, Mirzapur Bypass, Mirzapur, Tangail 01700602612
- Gazipur Holding No-D / 02/01, Madhabbari Junction, South Chhayabithi, Joydebpur, Gazipur 02-492738
01700602615 - Kakrail 69/2, BMET Building (3rd Floor), Kakrail, Dhaka 02-6300310
01700602701 - Tangail TTC Complex, Nagar Jalfai, Tangail 092-182835
01700602702 - Munshiganj 14/1, East Deobhog, Munshiganj Sadar, Munshiganj 02-62069
01700602704 - Narayanganj 6, Advocate Road, South Side Of MP Office, Adarsh Chashara, Chanmari, Narayanganj 01700602848
- Manikganj Janani Villa, House No-58, South Sheota, Manikganj Sadar, Manikganj 02-6106
01700602706 - Gopalganj House No. 96, College Road, Sadar, Gopalganj 02-618
01700602706 - Kishoreganj Shahabuddin Building, Holding No-365, Barabazar Fish Mahal Road, Kishoreganj 09-4182313
01700602706 - Madaripur Rafiq Super Market, Eaterpool Kakrail, Madaripur 0814-2254
01700602709 - Narsingdi TTC Complex, Shaspur, Ayubpur, Shibpur, Narsingdi 01700602610
Shariatpur Bismillah Market (3rd Floor), Naria, Shariatpur 0601-59136
01700602611 - Rajbari Malek Bhaban, Holding No-72, Bahrampur Bus Stand Sajjankanda Road, Rajbari Sadar, Rajbari 0841-65602
01700602813 - Singair Abdul Wahed Tower, 465 Shaheed Rafiq Sarani, Singair, Manikganj 02-617159
01700602814 - Dohar Padma Degree College, Maqsood Dohar, Dhaka 01700602617
We hope that all the expatriates and those who want to take an expatriate welfare bank loan for various reasons. To go abroad have found out the detailed information from this post and have been able to benefit from it. However, if you want to know more information about Prabasi Kalyan Bank Loan. Prabasi Kalyan Bank, you can let us know in the comments.