Want to take a loan from City Bank? But I don’t know what it takes to get a loan or how to get a City Bank loan. Then, today’s post is for you.
Various banks, including City Bank, provide loans. If you need money, you can take a loan from the bank. However, you must follow several formalities, and different banks have different procedures.
However, this post explains what documents are required and the rules for taking a loan from City Bank. So, let’s learn how to get a loan from City Bank.
Ways to get a City Bank loan?
There are several essential documents required to get a City Bank loan. In addition, if you want to take a loan against collateral, you must keep collateral. In addition, you can take a loan from City Bank by following several rules and regulations.
If you want to take a loan from City Bank, first you must go to any City Bank branch. Then, you must tell someone at the bank you want to take a loan.
Then, they will ask for information about your purpose of taking the loan, how much money you are willing to take a loan, etc.
In addition to providing this information, you have to fill out the form they provide and submit essential documents along with the form.
Then, they will verify your loan application and give you a loan. What is required to get a loan from City Bank is mentioned below.
What does it take to get a City Bank loan?
If you want to take a loan from City Bank, you must comply with various conditions and submit some necessary documents. Below is a list of the documents required.
- Photocopy of Voter ID Card/Passport/Driving License.
- Recent passport-size photograph.
- Photocopy of the nominee’s voter ID card.
- A recent passport-size photograph of the nominee.
- Instant deposit amount for opening a bank account.
- Income source proof, A working mobile number.
- A copy of the public utility bill is needed for address verification.
Apart from these documents, City Bank may ask for many more information and documents. When you go to City Bank to take a loan, they will tell you what is required. These documents must be submitted with the loan application form after filling it.
If you already have a City Bank account, you can take a loan from that account. However, if you do not have an account, you must take a loan after creating one. In this case, you must create an account when taking out a loan.
What to do to get a City Bank loan?
If you want to get a City Bank loan, there are some things you need to do.
If you are a City Bank customer, you can take a loan from City Bank to your account. If you don’t already have an account with City Bank, you must take a loan after creating a new account.
If you want to get a loan from City Bank, you can ask for collateral on the loan amount or give a loan without collateral. If the amount of money is less, they provide loans without collateral.
However, if you want to take a larger loan, you must give collateral.
For this, land/house or any permanent asset has to be deposited as collateral. You can take out a loan by depositing other assets, including gold ornaments.
Rules for getting a loan from City Bank
First, you must go to any City Bank branch and tell someone there you want a loan. You will be asked if you have an old account. If you do, you must provide the account number.
If you don’t have a previous account, you must open one following the City Bank account opening rules. Then, you can take a loan from City Bank by submitting the documents they ask for.
If you want to take a significant loan, contact City Bank. They take collateral for giving large loans. So, you can take a loan by mortgaging land, a house, or other fixed assets as collateral. However, if the loan amount is small, collateral is not required.
If you don’t have an account with City Bank, you must bring everything you need to open an account. Then, you can create an account there and apply for a loan.
If you want to take a loan from City Bank, you must fill out the form provided by them, mentioning all your information.
Fill out the loan form neatly and submit the necessary documents, such as a photocopy of your voter ID card, a photo of your nominee, and a copy of your utility bill.
After that, City Bank will review your loan application. If they think you are eligible for their loan, they will give you the loan. This is how you can take a loan from City Bank.
What does it take to get a City Bank personal loan?
Below is a list of documents required for a personal loan from City Bank. With the help of these documents, you can get a personal loan from City Bank.
- Copy of Voter ID Card/Passport/Driving License.
- Bank Statement and Income Proof.
- Copy of Utility Bill as proof of address.
- Job Appointment Letter if employed.
- Business Documents and Passport Size Photograph if businessman.
You can take a personal loan from City Bank if you have the above documents. However, City Bank may ask for some more documents. You need to contact City Bank and inform them that you want to take a personal loan. Then, they will give you a detailed list.
Bkash loan from City Bank
You can take a loan from City Bank through bKash. For this, you need to have many transactions with your bKash account. You can take a loan from within the bKash app if you transact a significant amount daily.
Loans are provided through City Bank from bKash. Even if you take a loan from bKash, City Bank still provides the loan. So you can take a loan through bKash without applying for a bKash loan directly from City Bank.
For this, the transaction amount in your bKash account must be high. Otherwise, you will not be given a loan from bKash.
Therefore, those willing to get a loan from City Bank should apply for a loan directly from City Bank or take a loan from City Bank through bKash.
Almost Questions About City Bank
Does City Bank offer probashi loans?
City Bank is providing remittance loans to expatriates on easy terms. Expatriate loans are given to their authorized persons based on the remittances sent by legal immigrants.
What is required to open City Bank account?
To open an account with City Bank, you need a copy of your national identity card, 2 passport-sized photographs, a copy of the nominee’s identity card, and 1 photograph. You will need a trade license and TIN certificate for a business account. You can also open an account online through City Bank’s ‘City Ekhoni Account’ app.
How much does it cost to open a City Bank account?
An initial deposit of Tk 500 is usually required to open an account with City Bank. As mentioned in City Bank’s charge schedule, charges are applicable for Instant Personalized Debit Cards according to the account type. A charge of Tk 15 per page is appropriate for Instant Cheque Book.
What is the City Bank helpline number?
The City Bank helpline number is 16234, from which you can get 24-hour service. The number to call from abroad is +88028331040. You can contact these numbers with any queries, complaints, or suggestions related to your banking.
Can I open an account online at City Bank?
You can open an account online at City Bank or easily from home with the ‘City Ekhoni Account’ app. Download it from the Google Play Store and Apple App Store, upload a photo of your national identity card and selfie, and provide the necessary information.
Our last words
In this post, I have shared the ways to get a loan from City Bank, what it takes to get a loan from City Bank, and the rules for taking a loan from City Bank through bKash.
This post will be very helpful for those who want to take a loan but are unsure of the rules.
In addition, our website publishes rules for checking accounts of various banks, rules for opening accounts, and other important banking information.
We invite you to explore the entire website to learn about banking, bank loans, and mobile banking.
