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NCC Bank Home Improvement Loan

A term loan facility to finance Home Renovation/Extension/Purchase of household durables for better dwelling standard. Under Home Improvement facility we finance the followings.

  •   Purchase of Electronic Household Durables.
  •   Purchase of Furniture and Fixtures.
  •   Modification of the decoration of the building/flat.
  •   Extension of the existing Building.

Eligibility of the applicant

  •   Home Owners and Salaried individuals.

Age Limit

  •   Minimum Age 21 Years to Maximum 60 Years.

Loan Limit

  •   Minimum: BDT 50,000 and Maximum: BDT 1,000,000.

Loan Application Fees

  •   BDT 600

Loan Amount Range

Amount Range Tenure in Months
BDT 50,000 ~ BDT 200,000 24 Months ~ 36 Months
BDT 200,001 ~ BDT 500,000 36 Months ~ 48 Months
BDT 200,001 ~ BDT 500,000 (for registered mortgage) 48 Months ~ 60 Months
BDT 500,001 ~ BDT 1,000,000 60 Months


Required Documents

  •   3 copies of recent Passport Size Photograph of Applicant(s), Applicant’s Spouse and Guarantor (s) Self Attested.
  •   Copy of National ID Card of Applicant (s), Applicant’s Spouse & Guarantor(s).
  •   Last one year bank statement of the applicant (s) [personal or company account].
  •   Up-to-date copy of TIN Certificate of Applicant(s) & Guarantor(s).
  •   Utility Bill Copy (Gas or Electricity).
  •   Accepted quotation of third party renovation budget for the improvement of Home.
  •   If applicant is a salaried person then employer’s letter of introduction/salary certificate/salary statement and office ID Card.
  •   Copy of Professional Degree certificate, self declaration on own Letter Head Pad stating monthly income and membership certificate if Applicant or Guarantor is a professional individual.

  •   If Applicant (s) or Guarantor (s) is a businessman Up-to-date trade license.
  •   If the Applicant (s) is a property income holder then copy of Title deed of rental property, rental agreement or Rent receipt for the last three months.

  •   R S Mutation Copy.
  •   Registered Copy of Title deed(s). ( i.e. sale deed, Gift Deed etc.).
  •   Baya Deeds (title related prior chain of documents).
  •   Legal Opinion from our established lawyer (if RM offered as security).
  •   Third party asset Valuation report by our enlisted surveyor.