MDB REMITTANCE PERSONAL LOAN

MDB Remittance Personal Loan is EMI based personal loan for non-residence Bangladeshi (NRBs) who are working abroad and remit foreign remittance through legitimate channel.



Title Details
Features
  • Personal loan facility for non-resident customers
  • Loan Amount ranges from BDT 50,000 to BDT 10,00,000
  • Competitive interest rate
  • Early full settlement and partial settlement allowed
  • No hidden charges
  • Quick loan processing
  • Takeover facility from other Bank & NBFI
Eligibility

Nationality: Bangladeshi (non-resident) only

Experience: Minimum 2 Years continuation of working experience for all segments

Age:

  • Minimum 21 year
  • Maximum 65 year. But at the time of loan maturity age should not be more than 65 year

Minimum income requirement: BDT.50,000 equivalent FCY for all segments

Joint Application: Spouse, Parents & Children are allowed
Highest Amount
  • BDT 10.00 Lac
Tenure
  • 01 Year to 05 (five) Years
Purpose
  • Any purpose loan permissible under the Law of the country
Location of the borrower

Primary Applicant / Main Borrower / Co-Borrower

  • Customer must have present address (in Bangladesh) within the areas where the bank has its own Branch/Sub Branch/Booth/ABCs at the time of availing the loan facility
Taxes, Duty, Surcharges

As per NBR circular