✓ Personal Loan is a secure investment method where an individual deposits money into BURO Bangladesh for a specific period and receives profit at a fixed rate.
✓ Applicable to individuals who are not members.
✓ Starts from a minimum of 50,000/- BDT.
✓ Money must be deposited for a minimum of 1 year, and it can be automatically renewed upon maturity.
✓ A one-time annual profit of 10% is provided. For example, if 100,000 BDT is kept for a 1-year term, 110,000 BDT will be paid upon maturity.
✓ If withdrawn before maturity, a 6% profit rate will apply; however, no profit is applicable if the funds are held for less than 30 days.
✓ An acknowledgment receipt or certificate is provided for the personal deposit.
✓ No VAT or tax is deducted from the profit.
✓ Banking channels must be used for both depositing and receiving money.
✓ Minimum age for investment is 18 years or above.
✓ In the event of the investor's death, the nominee can continue the investment for a specified period.
