Professional Documents
Culture Documents
About EBL
Eastern Bank Limited (EBL) is one of the modern, fully online and technologically superior
private commercial Banks in Bangladesh. Eastern Bank markets a wide range of depository, loan
& card products. These products include different types of Savings & Current Accounts,
Personal Loans, Auto Loan, Debit Card, Pre-paid Cards, Internet Banking, Treasury,
Syndication, Corporate Banking and SME Banking services through a network of branches &
centers countrywide. EBL received its biggest recognition when country's national flag carrier
Biman Bangladesh Airlines mandated pre-delivery purchase deal to Eastern Bank Ltd. for two
Boeing 777-300ERs. In the banking history of Bangladesh, EBL is the first local bank to handle
such a mega project. Eastern Bank has its presence in major cities/towns of the country including
Dhaka, Chittagong, Sylhet, Khulna, Barisal, Rangpur and Rajshahi. The Bank is listed with the
Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited. It head office located
on Area Jibon Bima Bhabon, 10, Dilkusha Commercial Area, Dhaka-1000, in Bangladesh. It has
82 branch offices all around the country. Eastern Bank Limited has a wide range of ATM
networks all over the country. It has set up over 197 ATM booths and 57 SME centers in
Bangladesh. Eastern Bank Limited is the one of the bank in Bangladesh which is fully
automated. It established E-Banking (Electronic Banking) in 17 July, 2003 to facilitate rapid
automation and bring modern services into this field. Full automation was made in 2003. Firstly,
it introduced plastic money to Bangladeshi people. It is operating the largest ATM fleet which
reduces customer costs and fees by 80%. It is practicing low profitability route for this sector
which has surprised many critics. It has brought much automation in banking as a CSR activity.
Vision of EBL
To become the most valuable brand in the financial services in Bangladesh creating long-
lasting value for our stakeholders and above all for the community we operate in by
transforming the way we do business and by delivering sustainable growth.
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Mission of EBL
EBL will deliver service excellence to all our customers, both internal and external.
EBL will ensure to maximize shareholders' value.
EBL will constantly challenge our systems, procedures and training to maintain a
cohesive and professional team in order to achieve service excellence.
EBL will create an enabling environment and embrace a team based culture where people
will excel.
Values of EBL
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EBL say what we believe in.
EBL respect every relationship.
INTEGRITY
EBL do not abuse information power.
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Line of Business Banking
SWIFT EBLDBDDH
E-mail info@ebl-bd.com
Website www.ebl.com.bd
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EBL ORGANOGRAM
Managing Director
Vice President
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Board of Directors
M. Ghaziul Haque
Chairman
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Management Committee
Hassan O. Rashid
Additional Managing Director
Corporate Banking
Faisal Rahman
Head of Structured
Finance, Corporate
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Branches of EBL
Bangladesh
Objectives of EBL
Maximization of profit along with the benefits of employees is the main objective of the bank.
In addition, the other objectives are:
To grow its credit extension service to the commercials as well industrial sector
To increase its diversification of loan portfolio and geographical coverage
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To curd present operating expenses further so as to increase earnings before tax
To reduce the burden of nonperforming assets
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Part Two: EBL Home Loan Policy and Requirement
Features Features:
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TPA (Tri Partite Agreement) allowed for up to 18 months from the date of the
loan disbursement
Benefit Advance/Partial Prepayment - Anytime and any amount payment facility available,
fee is 1% of the Advance/Partial Prepayment amount.
Additional Loan Top up facility available
Loan Loan amount BDT 500,000 – BDT 1 Core or 50 times of applicant’s Gross Monthly
Amount Income, whichever is lower. Loan up to 80% of the property value
Interest Home Loan Campaign Interest Rate: 10.5% (Floating) (up to December 31, 2010)
Rate EBL Home Loan Interest Rate: 13% (Floating)
Eligible Any credit worthy individuals with a minimum of three (3) years’ experience like:
Customers
Salaried executives
Self Employed: Doctors, Architects, Engineers, Chartered Accountant and Certified Consu
Professionals
Businessperson
Landlords
Age:
Minimum: 25 years
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Maximum: 65 Years
Combined Gross monthly income should be minimum BDT 40,000 per month.
Self Employed/Businessman/Others
For self -- employed
Certificate of professional degree and certificate or membership from
professional body-for self employed professionals
Bank Statement for latest 12 months
Declaration of other assets (if any)
Evidence of other income (if any)
Businessman
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Statement of Business details
Latest IT Return Acknowledge Copy with IT-10B from copy
Latest Profit & Loss account and balance sheet of the business for
businessmen
Trade License as proof of business age/Memorandum of Association
Company Statement for latest 18 months and self-Bank Statement for latest 12
months
Declaration of other assets (if any)
Evidence of other income (if any)
Latest schedule X. from 117 in case latest schedule X is not available to
substantiate share transfer
Certificate of Incorporation
Registered partnership deed from RJF for partnership concern
Landlord
Title deed of rented premises/property
Valid rental deed with tenants
Latest 12 months banks statements in applicant’s name
Utility bill in the name of applicant for rented property
NOTE:
EBL may ask for Personal Guarantee form acceptable person if necessary.
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Duplicate carbon receipt with mutation order sheet
CS. SA. RS porcha (PS. BS. RS. Porcha applicable only for Chittagong)
Up to date “Non encumbrance certificate” for 12 years
Up to date Land tax Receipt (if any)
Up to date Holding tax receipt
Approved plan/Layout plan and approval latter by Rajuk/Authority
Deed of agreement /Allotment letter
Such other documents as required by the Banks appointed Lawyer
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Up to date “Non encumbrance certificate” for 12 years
Up to date Land tax Receipt
Approved plan/Layout plan and approval letter by Rajuk/Authority
Proof of Property Insurance
Details Processing fee – 1.25% of the loan amount for the fresh applicants and 0% for the
take-over loans
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