BBL Shubidha

Features BBL Shubidha

BRAC Bank (BBL) Shubidha is a mobile-based app through which selective customers can avail of retail loan products digitally.
The app performs end-to-end digital loan processing, including loan application, assessment, and disbursement.
You can now enjoy a digital borrowing experience in a fast, secure, and convenient way using the BBL Shubidha app.Loan features: · Interest rate of 9% per annum;· Tenure of 3 to 18 months;· Sample Loan Repayment Schedule: If you have availed loan of BDT 100,000 @ 9% interest per annum and tenure of 12 months, your Equal Monthly Instalment (EMI) will be approximately BDT 8,745.
Therefore, the total cost of the loan (principal + interest) will be BDT 104,942.
In addition to interest, you have to pay loan processing fee before availing the loan as follows: Processing fee: 0.5% of loan amount + 15% VATCIB & Stamp Charge: At actualAll you need:An active account and a debit card with BRAC Bank; A smartphone with an Android operating system; Internet connectivity through mobile internet or Wi-Fi.
We welcome your feedback and suggestions; please call us at 16221.