Housing Investment Program (HIP)

To ease the housing problem in the urban areas. To make arrangement for comfortable accommodation of the fixed income group.

Target Group

Land lord(s), Service holder(s), Businessmen, Professional(s), Expatrate(s) etc.

Nature of Goods / Items

a) Construction/purchase of residential & commercial/commercial-cum-residential house/building/apartment/spaces etc.
b) Extention /Renovation of House/flats.
c) Installation of Lift, Generator, Sub-station, Air-conditioner etc. for commercial & residential purpose.

Mode of Investment


Maximum 15-years but for commercial building maximum 10-years.

Rate of Return

9.00% or the rate to be determined by the Bank from time to time.

Amount of Investment

Residential building: Maximum Tk.20.00 million
Commercial Building: Any amount but not exceeding 10% of Bank's Equity.

Bank's Participation

Investment equity ratio 70:30

Minimum 21-years & Maximum 65-years. Age limit may be relaxed up to 70-years who has social repute, sustainable income, sound body & able successors. The proposal in such cases may be approved by the next higher authority.

Registered Mortgage on land & Building/Flat/Spaces. Personal Guarantee of Client and his/her spouse & adult son(s)/daughter(s).

Application Form shall have to be collected from nearest Branch of Islami Bank Bangladesh Ltd.

Important Downloads