BHBFC offers loan at 9pc interest in Dhaka, Ctg

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Economic Reporter :
Bangladesh House Building Finance Corporation (BHBFC) is set to distribute housing loan at 9 percent interest rate in Dhaka and Chattogram metropolitan areas.
“The Finance Ministry has already given approval in this regard. The interest rate came into effect from July 1 this year. But, the existing rate of 8.5 percent for the areas outside Dhaka and Chattogram will remain unchanged,” BHBFC managing director Debasish Chakrabarty told.
For eliminating classified loan, he said, the existing borrowers can also enjoy the new rate if they clear all the dues of installments. “So, I call upon all the defaulters to clear their dues and enjoy the new rate of interest,” he said.
He said BHBFC is also offering 9 percent interest rate for purchasing ready-flats, which was 10 percent earlier.
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