Please refer to Regulation 23 and 25 of Guidelines for Prudential Regulations for Consumer Financing, circulated vide BRPD Circular No. 07 dated 03.11.2004.
- Because of price hike of construction materials for housing and real estate it has been decided to amend the Regulation 23 and 25 which will now stands as under:
‘‘ The maximum per party limit in respect of housing finance by the banks will be Tk 10(Ten) million.
The housing finance facility shall be provided at a maximum debt equity ratio of 80:20. ”
‘‘ Banks are free to extend mortgage loans for housing, for a period not exceeding 25 (twenty five) year. Banks should be mindful of adequate asset liability matching ”
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