The teachers, officers and employees of the Dhaka University of Engineering and Technology will get house building loan ranging from Tk 20 lakh to Tk 75 lakh.
A tripartite agreement was signed in this regard between the government’s finance division, Agrani Bank Ltd and the DUET authorities at the finance ministry in Dhaka on Sunday.
DUET registrar Md Anwarul Abedin, Agrani Bank managing director Mohammad Shams-Ul Islam and finance division’s additional secretary Md Ekhlasur Rahman signed the agreement on behalf of their respective organizations.
DUET vice-chancellor M Habibur Rahman and the teachers’ association general secretary Md Obaidur Rahman were present, among others, on the occasion.
A staff member can get the loan at 4 per cent simple interest in installments payable in 20 years, said a press release.
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