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Secured Facilities

City Bank Secured Loan facility helps you manage your urgent cash requirement against your security deposit

Secured loan

A term loan facility

Secured overdraft

A revolving loan facility

Secured loan bullet payment

Only monthly/quarterly interest payment facility

Overview

Loan type
  • Secured Loan: A term loan facility for any legitimate personal purpose against security deposit.
  • Secured Overdraft: A revolving facility for any legitimate personal purpose against security deposit. 
  • secured Loan- Bullet Payment: A fixed term (monthly/quarterly interest payment) loan facility for any legitimate personal purpose against security deposit.
    • Features

    Loan amount: Minimum BDT 50,000/- , Maximum 90% against securities

    Loan tenure: 

  • Secured Loan: 12 Months to 60 Months
  • Secured Overdraft: 1 year (Renewable)
  • Bullet Payment: 12 Months or 24 Months

    Applicable Security: 

  • City Bank issued FDR, DPS, WEDB/USDIB/USDPB
  • Other Bank/NBFI issued FDR, WEDB/USDIB/USDPB

    Loan to Value (LTV) ratio: 

  • Up to 90% for City Bank issued securities
  • Up to 85% for other bank/NBFI issued securities
  • Up to 75% for WEDB/USDIB/USDPB (in both cases)

  • No hidden charges
  • Competitive interest rate
    • Processing fee
    Please see the Schedule of Charges.
    Eligibility
  • Age limit: Minimum Age 18 Years
  • Minimum personal income: BDT 15,000/- monthly

    *Condition applied

    • Taking a loan? Calculate your EMI

    TK
    Month
    %
    Your EMI is

    5000 / Month