Defence Personnel Special Loan -1 (for Defence Officers) (DPSL-1)

To meet personal financial fund requirements.

  • Loan Limit:
    • Colonel & Above – BDT 75 Lac
    • Major to Lt. Colonel – BDT 55 Lac
    • BDT 40 Lac for Captain ranked GL of BD Army or equivalent rank SD List of Bangladesh Navy and BLPC List of Bangladesh Air Force.
    • BDT 30 Lac for Lieutenent ranked GL of BD Army  or equivalent rank SD List of Bangladesh Navy and BLPC List of Bangladesh Air Force.
  • 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; 
  • 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.