ICB Islamic Bank Ltd.

Investment Against Property (IAP)

  • Investment Amount: BDT 1 Million – BDT 35 million
  • Repayment Tenor: Minimum 2 Years.
  • Maximum Tenor: For Long term
  • Machineries: 7 years or life of machine -whichever is less
  • Purchasing commercial space or take over facilities in any
  • Other branch: 12 years (of life of the property - whichever is less)
  • Profit Rate : 14.00%
  • Processing Fees:
  • Up to BDT 50 Lac Max. 0.50% or not exceed BDT 15,000 & for above BDT 50 Lac Max. 0.30% or not exceed BDT 20,000 whichever is lower.