You are here: Home >> Business & Finance >> Bank >>  Probashi Kallyan Bank

Probashi Kallyan Bank


Probashi Kallyan Bank officially started operation on April 20, 2011. It is a specialized bank for benefit and welfare of the wage earners. This Bank provides “Migration Loan” to Bangladeshi people who are interested to go abroad with valid work visa.

The operational activities of this bank can be divided in following steps.
1. Assistance to out bound workers under Migration loan.
2. Rehabilitation of the retrenched workers under rehabilitation loan.
3. Repatriation of remittance earned by wage earners.

Main Terms and Conditions of “Migration Loan” are mentioned below:
-An undertaking by the applicant to be submitted on 150 taka non-judicial stamp promising that he/she will route all wages/income into Bangladesh through this bank or its nominated representatives.

-Personal guarantee/undertaking of socially reputed citizen.

-The loan must be covered by an insurance policy covering death or loss of limbs risk.

-The entire loan amount will be disbursed through payment order to different entities.

-The borrower must execute an undertaking empowering the bank to adjust his/her loan from his monthly remittance to Bangladesh within the period as decided by the bank and customer depending on the nature and tenure of his/her job overseas.

The loan seekers who cannot provide any security or personal guarantee, this is the condition for them to get migration loan:
“”Applicants, who are unable to provide any security or personal guarantee, will have to execute a quadruplicate/multiparty agreement involving bank, borrower, and BOESL (Bangladesh Overseas Employment Service Ltd.)/Overseas employer (where possible). “”

Probashi Kallyan Bank
Website http://www.pkb.gov.bd
Address71-72 Old Elephant Road, Eskaton, Dhaka-1000
Phone+88-02-8321979
Fax+88-02- 8322328
Category Business & Finance >> Bank
Related Tags

,

Last Updated:
Total Views: 1198 Times

Leave a Reply

Your email address will not be published. Required fields are marked *

More Bank Related Listings

  • Rupali Bank Ltd. - Rupali Bank Ltd. was constituted with the merger of 3 (three) erstwhile commercial banks i.e. Muslim Commercial Bank Ltd., Australasia Bank Ltd. and Standard Bank Ltd. operate
  • Standard Chartered Bank Bangladesh - Standard Chartered Bank is an international bank in Bangladesh with 26 Branches, 83 ATMs. They have their presence in 6 cities across the country – Dhaka, Chittagong, Kh
  • National Credit and Commerce Bank Ltd. - National Credit and Commerce Bank Ltd. bears a unique history of its own. The organization started its journey in the financial sector of the country as an investment company
  • Sonali Bank (UK) Ltd - Sonali Bank (UK) Ltd is incorporated in the UK. 51% of the shares are held by Bangladesh Government and 49% by Sonali Bank, Bangladesh. To help the UK Bangladesh community inv
  • Premier Bank Limited - The Premier Bank Limited is a private commercial bank in Bangladesh incorporated on June 10, 1999. It offers a wide variety of deposit products such as savings account, curren
  • AB Bank Limited - AB Bank Limited, first bank in Bangladesh in private sector, was incorporated on 31st December 1981. At Current the Bank has 86 local branches. In addition, it has one oversea
  • ONE Bank Limited - Incorporated in May 1999, ONE Bank is one of the private commercial banks in Bangladesh. Generally, the Bank provides three types of banking services such as Corporate Banking
  • Bangladesh Development Bank Limited - Bangladesh Development Bank Limited (BDBL) is a fully state owned Commercial Bank of Bangladesh. It was incorporated on November 16, 2009 and officially started operation on J
  • Bangladesh Commerce Bank - Bangladesh Commerce Bank Limited is a commercial bank of Bangladesh with Private-Government share. Bangladesh Commerce Bank Limited (BCBL) was incorporated on June 1, 1998 and
  • National Credit and Commerce Bank Limited - National Credit and Commerce Bank Ltd. bears a unique history of its own. The organization started its journey in the financial sector of the country as an investment company
  • Prime Bank Limited - Prime Bank Limited was created and commencement of business started on 17th April 1995. The sponsors are reputed personalities in the field of trade and commerce and their sta
  • Standard Bank Limited bangladesh - Standard Bank Limited (SBL) was incorporated as a Public Limited Company on May 11, 1999 under the Companies Act, 1994 and the Bank achieved satisfactory progress from its com
  • Mercantile Bank Limited - Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking services and to contribute socio-economic development of the country. The Bank commenced
  • Asian Development Bank (ADB) Bangladesh - Asian Development Bank (ADB) Bangladesh is an international development finance institution whose mission is to help its developing member countries reduce poverty and improve
  • First Security Islami Bank Limited - First Security Islami Bank Limited (FSIB) was incorporated in Bangladesh on 29 August 1999 as a banking company under Companies Act 1994 to carry on banking business. It obtai