Loan Against Commutation Benefit (LACB)

To meet personal financial fund requirements; 


  • Loan Limit:
    • Major to Lt. Colonel – BDT 40 Lac
    • Colonel & above – BDT 60 Lac
  • Tenure: Maximum up to 10 years or in match with the unexpired service length of the concerned borrower whichever is earlier including grace period / moratorium; 
  • Moratorium Period: Maximum up to 15 months upon request of the client; 
  • Rate of Interest: 8.75 % p.a. (Rate may change, when required by management);
  • Processing Fee: Nil;
  • Security covenants: Assignment of the end service benefit / commutation benefits of the concerned borrower(s) in favor of the bank.  


In-service Defence Officer of Bangladesh Army, Navy & Air Force who have completed at least 10 (Ten) years of service will be eligible for being a loan applicant.