Features & Benefits
Features:
- Minimum age 18 years and maximum age 60 years
- Equity Participation: Minimum 20% of total construction cost to be borne by the client (Land owner).
Bai-Muajjal & HPSM.
Purpose:
- For construction, extension, and finishing of pucca/semi-pucca tin shade (single-storied) houses
- Intended for rental use by low- and small-income groups
- Aims to generate income for landowners
- Helps increase affordable housing availability
- Offered as a commercial investment facility
Investment Amount:
- Maximum investment: Tk. 30.00 lac per account
- Minimum investment: Tk. 2.00 lac
- Up to Tk. 5.00 lac allowed without collateral (against title deed deposition)
Tenor:
- Construction of New House: Up to 5 years (within applicant’s age limit of 65 years)
- Extension/Finishing Work: Up to 2 years (within applicant’s age limit of 65 years)
Customer Segment:
- Bangladeshi individual owning freehold land in own name
- Land located within City Corporation, Pouroshova, Industrial, Commercial, or Cantonment areas
- Trade license (proprietorship/other business) recommended for eligibility