Processes of affordable home loan file appraising in IPDC Finance Limited

Abstract

IPDC Finance Limited (Previously known as “Industrial Promotion and Development Company of Bangladesh”) is the first private sector financial institution of our country which had been established in 1981. From its birth IPDC has played a pioneer role in terms of developing our country’s financial scheme. IPDC has been partnered with other significant institutions to commence many milestone projects of the country such as First Theme Park- Fantasy Kingdom, First Private 5 Star Hotel- Westin, First International Standard Private Hospital- Apollo Hospital and so on. The main shareholders of IPDC are Government, BRAC, Ayesha Abed Foundation, RSA Capital Limited etc. Right now, the principal retail products of IPDC are IPDC Home Loan, IPDC Auto Loan, IPDC Personal Loan, IPDC Priti, IPDC Deposit Schemes, SME, MME, IPDC Saving Schemes. IPDC has a strong management board who are continuously trying hard to maintain the vision and mission of the institution as well as improve their core values. In this report, I tried to share my experience of internship period and give the idea about the methods AHL department follows to appraise a file before making any final decision whether the load should be given to the client or not.