Monday 28 March 2016

Write off of Loan and Advance without filing suit in court

As per BRPD circular no. 13, dated November- 07, 2013, Banks can write off loan and advance amounting less than Tk. 50000.00 without filing suit in court.

If Loan amount is below Tk. 50000.00 then it can be written off without filing suit.

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