This contribution of real estate and construction in GDP of Bangladesh was 16.20% in 1994 95, which became at 16.69% in 2020-21 and attained 17.22% in 2021-22. Fastest growing market and having positive outlook.
General Questions
Find a short list of our most frequently asked questions.
Flat, building purchase, building construction (residential & commercial)
The central Bank of Bangladesh has liberal policy for NRB’s to invest in real estate segment. Up to Twenty million in taka loan Bank’s can finance depending not exceeding 75% of the Market project value in residential segment.
Maximum 75% of the Market value of the asset but not exceeding taka Twenty million.
Yes, you can get secured overdraft or term loan facility under Home loan category up to 80% of the principle value in form of taka.
Standard approval time for getting a home loan take 9 working days. But it may differ due to obtaining legal clearance of the property documents related the purchasing asset.
Yes you can open Savings account, FC Term deposit account.
No, you can complete the formalities staying abroad. In that case Branch will send the documents at your end and you will sign the documents by verifying through embassy and send. But you can also complete the process while completing registration and mortgage formalities as you need to be physically present.
- There is no minimum required amount; you can open by depositing a reasonable amount Balance.
- For opening a FC Term deposit account you need to deposit minimum $1000.00.
Yes, you can assign a nominee for account operation by signing mandate form. You can also operate the transactions through your email mentioned in account opening form.
Popular Questions
Yes, you can only transfer the balance of principle and interest of offshore savings and Term deposit account. Repatriation regarding the profit generated out of investment is currently restricted.
Yes, you can open FC or regular savings account and send EMI for loan installments.
No, as per current Central Bank policy no incentive is allowed in offshore Banking remittance.
The current interest rate ranges from 12.00% p.a to 14.00% p.a (floating).
NRBC Bank offshore Banking unit is currently offering 6.35% p.a for 6 months term deposit and approx 6.00% p.a for 12 months. The interest rate is bencher marked with SOFR (Secured overnight financing rate) as such rate varies with the movement of SOFR.