DBH Finance PLC (DBH) has recently signed an agreement with Ministry of Finance (MoF) to facilitate home loans to government employees under government employee home loan scheme, a press release said Tuesday. Biswajit Bhattacharya Khokon, additional secretary of the finance division of government, and Nasimul Baten, MD and CEO of DBH Finance PLC, signed the agreement on behalf of their respective organizations. All eligible regular government officers and employees can apply for housing loan as per eligibility criteria of the loan scheme designed by Ministry of Finance. As per present circular, maximum ceiling for this loan is Tk 75 lacs and maximum duration is 20 years. Present applicable rate of interest under this scheme is 9 percent, where government will provide subsidy at 5 percent to the employee and employee will bear remaining 4 percent interest of the loan.
