August 07, 2023 Sanction Advice #23/2023(Head

DBBL/276/2023/418 office Sanction Advice # 8852 Dated

on August 07, 2023 under Ref No
DBBL/100/049/276/2023/554)
(Original)

Md Kamal Khan and Hasi Akter

Fajor Ali Mashid, Tiler Gathi, Tongi, Gazipur

Subject: Sanction of DBBL Home Loan of BDT7,800,000/- (Taka Seven Million Eight Hundred
Thousand) only for 10 (Ten) years term for Top up of existing home loan and additional
amount for remaining construction of ground floor, 2nd floor and 3rd floor along with
new construction of 4th floor of a 06 (six) storied foundation residential building located
at RS Dag No 239, Holding no 8259, Near at Fajor Ali Mashid, Tiler Gathi, Tongi, Gazipur in
favor of i) Md Kamal Khan and ii) Hasi Akter under DBBL Corporate Branch, Dhaka.

Dear Sir,
With reference to your proposal ; we are pleased to inform you that the competent authority of the
Bank has accorded approval of the captioned facility in favor of i) Md Kamal Khan and ii) Hasi Akter
with your Branch on following terms and conditions:

Terms and Conditions:

a. Type of Facility : DBBL Home Loan

b. Location of the Building : RS Dag No 239, Holding no 8259, Near at Fajor Ali Mosjid road, Tiler
Gathi, Tongi, Gazipur
c. Amount : BDT 7,800,000/- (Taka Seven Million Eight Hundred Thousand) only
d. Loan Purpose : Top up of existing home loan (Disbursed amount BDT4.00 million
out of sanctioned amount 4.00 million and present outstanding
BDT3.96 million, approx.) and additional amount for remaining
construction of 3rd floor and new construction of 4th floor of a 06
(six) storied foundation residential building.
e. Disbursement : Loan to be disbursed directly to the applicants account after
completion of documentation and fresh mortgage formalities, in 03
(Three) phases as per following schedule-

1st Phase Disbursement: BDT5,000,000/- for settlement of Existing

Home Loan bearing no. 276RL17231080001 (through top up process)
with DBBL and roof casting of 4th floor of the proposed residential
building.

2nd Phase Disbursement: BDT1,500,000/- for full internal works of 3rd

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 floor and 4th floor of the proposed residential building.

3rd Phase Disbursement: Remaining amount for remaining works of

Ground floor, 2nd floor, 3rd floor and 4th floor of the proposed
residential building.

(Branch will confirm satisfactory work progress through site visit report
on successful completion of required construction works of proposed
floors before subsequent phase disbursement).
f. Repayment To be repaid by 120 equal monthly installments of BDT102,982/-
approx. (for full loan amount) each starting following months from
the date of 1st phase of disbursement. Last installment shall cover
the entire outstanding including up to date interest.
g. Tenor : 120 Months (10 years) from the date of 1st disbursement.

h. Rate of Interest : @9.75% p.a. (The Bank reserves the right to change the Rate of interest
(floating) from time to time).
i. Other Charges/Fees : i) As per prevailing schedule of charges of DBBL and Product Program
Guideline of DBBL.
ii) In case of overdue in any installment, additional 2% p.a. (3 days
grace period allowed)
j. Processing Fee : As per prevailing schedule of charges of the bank.
k. Partial Pre Payment & : As per Bank’s Policy.
Fee
l. Early Payment &Fee : As per Bank’s Policy.
m. Collateral/Security : I) Registered Mortgage along with Registered Irrevocable Power of
Attorney (IPA) of the property having following particulars:
Particulars of property: All that piece and parcel of land measuring
5.21 decimal equivalents to 0.0521 acres, situated within District-
Gazipur, Police Station-Tongi Paschim, Sub-Registry Office-Tongi,
Dhaka, Mouza- “Kakil Satais”, under, Touji No-10, J.L. No. C.S-125, S.A-
125, R.S-31, pertaining to Khatian No. C.S-248, S.A-487, R.S-300,
Corresponding Dag No. C.S-227, S.A-227, R.S-239. S.A/R.S. Mutation
Khatian No-487/300, Jote No-8259, Mutation Separation Case No-
7194/19-14 dated 28.06.2020, having present market value BDT7.28
million (Land value BDT5.21 + structure value of BDT2.07 million) and
forced sale value of BDT6.82 million as per survey report of “Freedom
Inspection BD Ltd’’ dated 23.12.2022 , having present market value
BDT25.86 million (Land value BDT9.90 + structure value of BDT15.96
million) and forced sale value of BDT20.68 million as per survey
report of “Geotic Survey and Solution’’ dated 15.02.2023.
ii) Personal guarantee of the Borrower and Mortgagor of the proposed
property.
iii) Personal guarantee of the spouse of the Borrower (if applicable).

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 iv) Post dated cheques of DBBL CASA duly signed (Multiple of cheques
equivalent to 12 months installments each up to the loan tenor and to
be dated 12 months interval of the loan disbursement date/last cheque
dated) and 01 cheque (equivalent to total installments payable for the
loan to be dated on expiry of the loan).

n. Special Conditions : i) Registered Mortgage and IPA both to be completed in favor

of DBBL against proposed financed property on or before
disbursement. Original title deed (as appropriate), AC land
Mutation with up to date Land Tax, SRO Token/Discharge
receipt of both Registration and Mortgage to be kept under
DBBL custody as a part of security.
ii) Authenticity of the title documents to be verified through
due searching in the concerned offices before
disbursement.
iii) Authenticity of the approved lay out plan as well as
forwarding letter to be verified before disbursement.
iv) All property related documents to be vetted by the panel
lawyers of the bank before disbursement of the loan.
v) If any wanting paper is required, as advised by the Bank’s
Legal Adviser, wanting documentation formalities are to be
completed.
vi) Legal Advisor’s Satisfaction Certificate regarding
documentation and wanting papers to be obtained before
disbursement.
vii) Up-to-date Land-tax (Rent Receipt) of the property to be
submitted prior to disbursement.
viii) Up to date municipal holding tax receipt of the property to
be submitted prior to disbursement. (If any)
ix) Up to date Non-Encumbrance Certificate (NEC) of the
property to be submitted prior to disbursement.
x) Copy of TIN certificate of applicant(s) to be submitted.
xi) National ID card of applicant(s) to be verified prior to
disbursement.
xii) All conditions and guidelines of concerned authorities
against building plan approval to be complied for
construction of the building/Flat.
xiii) All fees, costs and charges for the loan facility are applicable
at the time of application but may be subject to change.
xiv) Vetting, Valuation and Other charges will be on the cost of
the client(s).
xv) Original SRO token of Registered Mortgage Deed and Power
of Attorney Deed of the property, duly signed by the client
in the overleaf, to be deposited with the bank prior to
disbursement.
xvi) Certified copy of the Registered Mortgage Deed and
General Power of Attorney Deed to be submitted within 07-
days from the date of registration of the deeds.

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xvii)All other document should be verified by Branch properly.
xviii) Before disbursement of loan an indemnity Bond on
appropriate value of non-judicial stamp to be obtained
from the Applicant(s) that a) he/she/they is/are/will sole be
responsible in case of any excess horizontal or vertical
construction of the building or for any deviation of
xix) construction over approved plan b) That in case of any kind
of demolition/destruction of the excess constructed part or
whole of the building thereon by the competent authority
resulting partial or full damage of the building for any other
reason what so ever, he/she/they shall fully indemnify the
Bank for any loss/damage suffered by Bank due to such act
of demolition/destruction/damage and Bank shall not be
held responsible in any respect what so ever neither the
Bank shall assume any liability.
xx) As per Head Office IOM under ref. no.:
DBBL/100/30/2018/289 dated July 8, 2018, before
execution of registered mortgage formalities of proposed
property (i.es), ownership and holding of possession of the
property to be verified and clearly mentioned both in
Surveyor’s ‘Valuation Report’ and Branch/Sales Unit’s
‘Property Verification Report’.
1) Surveyor’s ‘Valuation Report’ must include photograph of
owner(s)/mortgagor(s) in property premise.
2) Branch/Sales Unit’s ‘Property Verification Report’ must
include photographs of owner(s)/mortgagor(s) along with
Branch/Sales official(s) in property premise.
xxi) A sign board stating that the property is under registered
mortgage with DBBL shall be displayed at a conspicuous and
open space.
xxii)Acknowledgement Receipt of Income Tax Return/ other
acceptable documents.
xxiii) Branch Manager is advised to follow/observe BFIU
Circular No-26 dated 16 June 2020 for completion of KYC of
the customer with due diligence.
xxiv) Branch is advised to comply the IOM under ref no.
DBBL/100/27/2022/616 dated December 01, 2022
regarding "Required Information verification confirmation
Report".
xxv)Duly fill up “Assessment form for CBML screening” to be
uploaded in DMS before disbursement of proposed loan.
xxvi) Branch Manager/Loan Sourcing Unit is advised to verify
the genuineness and authenticity of (i) Identity {NID with
address of Borrower(s), Mortgagor(s) and Guarantor(s),
Tin/Tax related documents) (ii) Income documents {Bank
Statement, Rental income assessment of owned properties,
(as submitted/applicable)} (iii) Property documents
{(Ownership with peaceful possession and valuation of
proposed mortgage property/Rental income generating

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 other owned properties, Layout plan with forwarding
letter/NOC (as submitted/applicable)} along with (iv) other
documents supporting the loan proposal {Engineer cost
estimation etc. (as submitted/applicable)} with due
diligence before disbursement of the proposed facility.

xxvii) All criteria of DBBL Product Program Guidelines and

Prudential Regulation for Consumer Financing by
Bangladesh Bank to be fulfilled.

xxviii) Up to date loan statement of BDT21.00 lac with Brac

Bank Ltd in the name of Kamal Khan to be uploaded in DMS
before disbursement.

Documents to be obtained:
01) D. P. Note, 02) Letter of Set-off, 03) Letter of Revival, 04) Letter of Arrangement, 05) Letter of
Disbursement, 06) Letter of Authority to Debit Account, 07) Standard Term Loan agreement
covering usual covenants duly executed (to be drafted by DBBL’s Legal Advisor), 08) Original Title
Deeds of property to be mortgaged, along with Parcha, Mutation certificate, Up to date Rent (Land
Tax) Receipt etc. evidencing ownership and Non-Encumbrance Certificate (duly checked and
verified by Bank’s Legal Advisor with L.A’s Title Verification Certificate), 09) Original Deed of
Mortgage & Registered General Power of Attorney authorizing DBBL to sell the mortgaged
property without intervention of the Court (to be drafted by Bank’s Legal Advisor) duly registered
with Dist./ Sub-Registrar’s Office, 10) Any other documents/papers, if required or as advised by the
Bank’s Legal Advisor but not mentioned here, 11) All documentation formalities are to be
completed in consultation with DBBL’s Legal Advisor and Legal Advisor’s satisfaction certificate in
respect of completion/perfection of documentation/documents protecting the Bank’s interest to
be obtained and retained, 12) Personal guarantees as stipulated in security clause and 14) Any
other documents if required, but not mentioned above.

Other Conditions and Covenants:

1) Branch shall be satisfied about the authenticity of the Title Deed & other documents relating
to property ownership, actual possession location and value of the property. The flat/building
should be free from any encumbrances.
2) Loan shall be disbursed only after being satisfied by Branch with the detailed physical
verification report of the flat/building as to its measurement, value, location and other
related aspects and complying with all required formalities as per terms & conditions of the
approval letter.
3) Construction of the building should be according to the approved plan.
4) Except prior written permission of the Bank, borrower will not sell, transfer or encumber the
property mortgaged to the Bank in any manner until the loan, together with interest and
other charges thereon, is fully repaid to the bank.
5) All the securities mentioned against the facility may be used to set off any of the client’s
liability with DBBL at DBBL’s discretion.
6) Interest shall accrue on the facility granted even though the account or accounts in the name
of the client is closed, become dormant or is subject to litigation until full settlement of
liabilities with Dutch-Bangla Bank Limited.

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 7) Any legal fees and other costs including costs of inspection incurred by Dutch-Bangla Bank
Limited in connection with the facility will be on borrower’s account.
8) In consideration of Dutch-Bangla Bank Limited granting the above facilities the borrower
must undertake not to decrease or otherwise change the value or status of the securities
which have been granted to Dutch-Bangla Bank Limited.
9) DBBL has the right to set off any outstanding in one account against any other account in the
name of the borrower(s), whether in debit or credit.
10) Client shall not avail of any credit facility from other bank(s) or financial institutions without
written consent from DBBL.
11) In the event of arising of any excess over limit/drawing power in the borrower’s accounts, the
same must be immediately paid off to bring the outstanding within the sanctioned limit /
drawing power.
12) The credit should be disbursed on completion of documentation formalities and fulfilment of
the terms and conditions mentioned above.
13) The validity of this sanction is for 06 (six) months from the date of approval (03.08.2023).
14) The Bank reserves the right to modify/alter the terms and/or call back the advance at any
time without prior notice at Bank’s discretion.

If you are agreed with the terms and conditions mentioned above, you are request to accept this
sanction by signing on the duplicate copy and return it to Dutch-Bangla Bank Ltd. You are also
requested to avail this facility within 06 (six) months by completing all documentation formalities,
otherwise this offer will be treated as cancelled.

Thanking you,

Yours faithfully,

__________________ _________________________
Md. Ahsan Habib Mohammad Jahangir Alam
Trainee Marketing Officer SAVP & Manager,
Retail Business Division Corporate Branch

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