Discount on bank loan repayment till September
Bangladesh Bank has directed that even if a borrower fails to pay the installment till September 30, he cannot be declared a defaulter. The central bank issued a notification in this regard on Tuesday.
According to the notification, the number of installments that the customer cannot pay within the stipulated time from January 1 will be increased later. No additional fee can be charged from the customer for this. However, if anyone pays the installment by September 30, his classification can be changed.
Earlier, in a notification, the central bank had said that a customer could not be declared a defaulter if he failed to pay the installment by June 30. But in the Corona crisis, the deadline has been extended as trade is not normal.