MARRIAGE LOAN

The banks of Bangladesh, giving different types of loans for the purpose of buying houses, buying cars and for many more different needs. But apart from these, many banks are now giving loans to get married, for making the precious moments of wedding dreams wonderful and memorable. Weddings have always been a thought provoking affair. The effort that goes into the planning - hotel booking months in advance, jewellery shopping for different occasions, wedding invitations, deciding on the caterers and much more. Weddings come once-in-a-lifetime and you want it to be perfect in every way. A marriage Loan makes a dream wedding possible. Get a complete peace of mind about finances for your big day with a marriage loan. Take a look at the banks which offers loans to get married.


IFIC BANK

This bank provides 'marriage loan' up to Tk 3 lakh maximum per customer. The minimum tenure of this loan is one to three years. Annual interest rate is around 16 percent. In this case, if a customer takes one lakh taka for a three-year term, then the customer will have to pay the loan installment amount of Tk 3,442.



TRUST BANK

This bank provides credit facilities for a number of needs including personal care and marriage. But there is no direct credit product called 'marriage loan'. The loan requirement of minimum 50 thousand to 10 lakhs is given to the customer's needs. There are two types of interest rates ranging from one to five years. The rate of interest that is given against workers' salaries is 14 percent per annum. And with the traders and others, the annual interest rate of such loans is around 16 percent.



UTTARA BANK

Uttara Bank Limited stands beside the people with its “Marriage Loan” Scheme with market competitive rate. Loan Size is minimum Tk.25000.00, maximum Tk.3.00 lac (Taka Three Lac) for minimum 12 months /24 months &/or maximum 36 months. Loan processing fee/service charge is 2% on loan amount, minimum Tk.1000.00. Interest Rate is 15.00% per annum with quarterly rest. The arte of interest will remain fixed throught the tenure of the Loan.



PRIME BANK

Prime Bank of the private sector has said, 'Provision of marriage' arrangements for public, semi-government, autonomous, bank, financial institutions, non-government organizations, foreign companies, small and medium enterprises, employers, businessmen, homeowners. By profession 15 thousand to 35 thousand taka monthly income or wages anyone can avail this loan. Prime Bank offers a minimum of 50 thousand to three lakh taka for marriage. Five years of the loan repayable in monthly installments The annual interest rate of loans is between 12 and 15 percent.



BANK ASIA

Although there is no direct credit facility for marriage, it can be used as a wedding cost by taking loans under personal loans. The bank is financing up to a minimum of 50 thousand to 10 lakh taka. This loan is given to 15,000 taka monthly income of different types of professionals. The annual interest rate of loans is between 12 and 15 percent.



LANKA BANGLA

You can get up to 10 Lakh BDT to adequately meet all expenses of your marriage and repay the loan in EMI up to 60 months, approved in the shortest possible time. Monthly income of the applicant must be Minimum of BDT 25,000. Residence of Dhaka, Chittagong, Shylet, Khulna, Rajshahi, Mymensingh, Comilla Division and nearby area. Minimum one year of Bank A/C relationship with any scheduled bank of Bangladesh.