Home loan in the retail banking of BRAC Bank Limited

Abstract

Banks play a very important role for the economic condition of any nation and BRAC Bank Limited is no different. Being one of the leading private commercial Banks, BRAC Bank has contributed into all the sectors of Banking industries. Since Home Loan of BRAC Bank is one of most successful products of the banks, so I decided to work on this for my internship report. In a report published at Dhaka tribune, authored by the Directors of BIBM, it is found that the rate of Home loan disbursement never faced a decreasing trend in over past 10 years and it is increasing at an increasing rate. As private commercial banks are dominating this sector of Home Loan. In the report the procedure and required documents is mentioned in detail. Few terms of the security documents are very uncommon and for that reason those documents’ have been explained with their importance as well in the report. This report is divided in to different parts to fulfil the requirements of the internship report format. First part has the organizations’ overview in brief and the second part of the report has the details of the Home Loan and my other tasks as intern at BRAC Bank head office in the Department of Asset Operations along with a literature review based on Home Loan. While working as intern I found few things could be improved for smooth operation, so I have added few recommendations in the end of the report.