Purpose:

1.For in service Defense Officers:

Extend financial support for undertaking construction / reconstruction / extension / renovation and finishing / fitting works of the residential building/ flat and for purchasing apartments in DOHS / RAJUK / Jolshiri Abashon or any other Housing scheme, sponsored by government or armed forces, under House Building Scheme-Defense Officers (HP).

2.For Retired Defense Officers & civilian officers of Ministry of Defence:

Purpose:

To meet personal financial requirement for following purposes:

1. To procure / build / construct / extend dwelling house
2. To procure Household Durables for personal/family use. Items like: Motorcycle, LCD/ LED Television, Refrigerator, Air – Conditioners, Washing Machine, Computers and other household furniture etc.

Procurement of any other assets permissible under Islamic Shariah

Precondition for availing the facility:

• Purpose:To purchase residential plots for house building by the defense officers from “Army Housing Scheme”.
• Mode of investment:HPSM Investment.
• Tenor of the investment:Maximum up to 10 years including grace / moratorium period from the date of last disbursement.
• Maximum Investment:Maximum limit: BDT 8.00 lac

Features:

Loan Limit :

Minimum BDT 70,000/- (Taka Seventy Thousand only);

Maximum BDT 1,55,000/- (Taka One Lac Fifty-five thousand only.

Tenure: Maximum 36 months only.

Features:

Loan Limit: Min BDT. 25,000 & Max BDT. 1,00,000

Tenure: Maximum 36 months.

The Issuer:

The Government of the Peoples republic of Bangladesh as one of the source of its deficit financing issues Treasury Bill & Treasury Bond of different tenor for the purpose of safe and gainful investment of the fund by the individuals, institutions both resident and non-resident in Bangladesh.

Who can Buy: