Bangladesh House Building Finance Corporation (BHBFC) is going to offer 9 percent interest for Dhaka and Chattogram areas instead of existing 9.5 percent.
“A proposal in this regard is awaiting approval of the Finance Ministry. After the approval, the new rate will be effective from July this year. But, the existing rate of 8.5 percent for the areas outside Dhaka and Chattogram will not change,” BHBFC Managing Director Debasish Chakrabarty told BSS in the capital on Tuesday.
For eliminating the classified loan, he said, the existing borrowers will also enjoy the new rate if they clear all dues of installments. “So, I call upon all defaulters to clear their dues and enjoy the new rate of interest,” he added.He said the government has also proposed 9 percent interest for purchasing ready flats which was 10 percent earlier.
The Managing Director said BHBFC is offering seven types of products to take the services of the corporation to all classes of people.
The products are Nagar Bondhu, Nagar Bondhu Falt, Palli Ma, Abasan Unnyan Reen, Abashan Meramat Reen, Probash Bondhu and Krishak Abashan Reen.
Debasish Chakrabarty said BHBFC has increased the ceiling of all products for covering more people across the country.
Now, he said, a person can take loan of maximum Taka one crore of Dhaka and Chattogram areas which was Taka 50 lakh earlier and maximum Taka 60 lakh for the others areas which was Taka 40 lakh.
He said the trend of loan disbursement and recovery is upward since the BHBFC is providing all sorts of efforts to take the loan facilities to the grassroots level.
BHBFC has disbursed Taka 360.02 crore in 2017-18 fiscal which was Taka 278.51 crore in 2016-17 fiscal and Taka 247.98 crore in 2015-16 fiscal, he said.
Debasish Chakrabarty said the disbursement of loans outside Dhaka and Chattogram areas is also rising as BHBFC disbursed Taka 223.67 crore in 2017-18 fiscal in those areas which was 167.52 crore in 2017-18 fiscal and Taka 138.12 crore in 2016-17 fiscal.
He said BHBFC has also opened a helpdesk for giving information and solving problems of the customers.
source: The Daily Sun