• 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

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

• BDT 10.00 Lac

• 01 Year to 05 (five) Years

• Any purpose loan permissible under the Law of the country

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

As per NBR circular

• Apartment/House Purchase
• House Construction / Renovation / Extension / Completion
• Exclusive Rate Benefits for Eligible Professionals (Doctors, Engineers, Architects, Chartered Accountants etc.)
• Takeover of existing home loan from any Bank / Financial Institution Loan Amount ranges from BDT 500,000 to BDT 40,000,000
• Repayment tenure of 3 years to 25 years
• Competitive interest rate
• No Processing fee for Take over home loans from other Banks/ Financial Institutions
• Early full settlement and partial settlement allowed
• No hidden charges
• Quick loan processing

• Salaried Executives (Govt.): Must be confirmed employee.
• Salaried Executives (others): Minimum 2 years’ experience with 3 months’ employment with present employer.
• Businessman: Minimum 2 years’ business experience.
• Self Employed (Professional): Minimum 2 years’ professional experience.
• Landlord/Landlady: No experience.

Minimum: 21 years

• Salaried: 65 years or retirement date as mentioned in Letter of Introduction (LOI) whichever is earlier at the end of loan tenure.
• Self-Employed Professional, Businessman, Landlord: 70 years at the end of loan tenure.

• Govt. Employees : Minimum BDT 40,000 per Month
• Salaried Executives : Minimum BDT 50,000 per Month
• Professionals / Business Persons: Minimum BDT 50,000 per Month

• Joint application allowed

• Maximum 25 (Twenty Five) years

• No processing fee for loan takeover from other Bank & NBFI

• As per NBR circular

• Bank will finance a maximum of 70% of property value. The maximum financing amount is up to BDT 4.00 crore, as per the updated Bangladesh Bank Guidelines (70:30 debt-equity ratio).

• In case of financing for construction purpose we may allow moratorium Period for 18 months (maximum) for home loan financing.

• In case of financing for construction purpose, we may consider projected income from the proposed mortgaged property

• Allowed Tri partite Agreement (TPA) with top listed developers

• House Construction
• House or Apartment Renovation / Extension / Completion
• Loan Amount ranges from BDT 500,000 to BDT 40,000,000
• Competitive interest rate
• Early full settlement and partial settlement allowed
• No hidden charges
• Quick loan processing

Nationality: Bangladeshi (non-resident) only

Experience:

• Minimum 2 years’ continuation of working experience for all segments
• Customer should maintain any kind of deposit account at least 1 (One) year with MDB/other schedule bank/any legitimate channel where remittance should be reflected

Age:

• Minimum 21 year
• Maximum age 65 years at the end of loan tenure

Minimum income requirement:

• BDT. 75,000 equivalent FCY for all segments
• Last 12 (Twelve) months average remittance [monthly] will be the applicant's monthly income

Joint Application: Joint application allowed

03 Years to 25 (Twenty Five) Years

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

As per NBR circular

Bank will finance a maximum of 70% of property value. The maximum financing amount is up to BDT 4.00 crore, as per the updated Bangladesh Bank Guidelines (70:30 debt-equity ratio).

In case of financing for construction purpose we may allow moratorium Period for 18 months (maximum) for Remittance home loan financing

• Bike loan for purchase of new, reconditioned, electric or battery-driven motor bikes (for personal use only)
• Loan Amount ranges from BDT 50,000 to BDT 250,000
• Repayment tenure from 6 months to 36 months
• Flexible EMI-based repayment facility
• Electric/Battery-driven motor bikes are eligible subject to BRTA registration
• Competitive interest rate

Eligible for all Bangladeshi individuals, both male and female.

Permanent employees of Government Organizations, Banks, Multinational Companies, Corporate Houses, Educational Institutions, NGOs, Diplomatic & Semi-Government Organizations with minimum 1-year job experience including 6 months with present employer.

Minimum 2 years professional experience with valid professional certification where applicable.

• Minimum 2 years business experience.

Individuals having stable rental income with valid ownership proof.

Minimum 2 years work experience including 12 months with current organization. Applicable for Medical Representative Officers of reputed pharmaceutical companies only.

• Minimum Age: 21 years
• Maximum Age:
Salaried:60 years or retirement age whichever is earlier at the end of loan tenure.
Self-Employed Professional / Businessperson / Landlord: 65 years at the end of loan tenure.

• Minimum 6 months to Maximum 36 months (3 Years)

• For purchasing new, reconditioned, electric/battery-driven motor bikes

• The Bank reserves the right to change product features and conditions when necessary

• Car loan for purchase of brand new, reconditioned, used, hybrid, or electric vehicles (for private use only)
• Loan amount ranges from BDT 200,000 to BDT 6,000,000 for conventional vehicles and up to BDT 8,000,000 for hybrid and electric vehicles.
• Flexible repayment tenure up to 12 to 72 months.
• Competitive interest rate.
• Exclusive Rate Benefits for Eligible Professionals (Doctors, Engineers, Architects, Chartered Accountants etc.)
• Early full settlement and partial settlement allowed.
• No hidden charges.
• Quick loan processing.

• Maximum 6 (six) years

• For purchasing new, reconditioned car and used car

• Quick loan processing

• As per NBR circular

• Frequently Asked Question

• Loan Amount ranges from BDT 50,000 to maximum 90% of Midland Bank Fixed Deposits, all other of MDB Savings Scheme Deposit, 75% of Wage Earner Development Bonds (issued from MDB only) (for Non Resident Bangladeshis) and 75% of US Dollar Bond (issued from MDB only) (for Non Resident Bangladeshis).
• 100% cash secured loan
• Repayment tenure of 12 months to 60 months
• Competitive interest rate
• Early full settlement allowed
• No hidden charges
• Quick loan processing

• Maximum 5 (five) years

• Finance against Fixed Deposits/ Other Cash Securities

• Early full settlement allowed

• As per NBR circular

• Bank will finance from BDT 50,000 to maximum 90% of Fixed Deposits/ Other Cash Securities

• Credit facility amount ranges from BDT 50,000 to maximum 90% of Midland Bank Fixed Deposits, all other of MDB Savings Scheme Deposit, 75% of Wage Earner Development Bonds (issued from MDB only) (for Non Resident Bangladeshis) and 75% of US Dollar Bond (issued from MDB only) (for Non Resident Bangladeshis)
• Revolving credit facility
• 100% cash secured loan
• Competitive interest rate
• Interest charged only for the amount you have drawn
• Option of auto renewal / increase limit/ decrease limit at your request
• No hidden charges
• Quick loan processing

• Revolving credit facility

• Finance against Fixed Deposits/ Other Cash Securities

• Option of renewal / increase limit/ decrease limit at your request

• As per NBR circular

• Bank will finance from BDT 50,000 to maximum 90% of Fixed Deposits/ Other Cash Securities

• Facilitate to construction, renovation/extension completion of existing tin-roof/tally-roof/ concrete roof with brick wall/ brick walled residential house (semi-pacca) owned by the applicant(s).
• Loan Amount ranges from BDT 500,000 to BDT 50,000,00
• Repayment tenure of 3 years to 10 years
• Competitive interest rate
• Exclusive Rate Benefits for Eligible Professionals (Doctors, Engineers, Architects, Chartered Accountants etc.)
• No Processing fee for Take over home loans from other Banks/ Financial Institutions
• Early full settlement and partial settlement allowed
• No hidden charges
• Quick loan processing

• Salaried Executives (Govt): Must be confirmed employee.
• Salaried Executives (others): Minimum 2 years’ experience.
• Businessman: Minimum 2 years’ business experience.
• Self Employed (Professional): Minimum 2 years’ professional experience.
• Landlord/Landlady: No experience.

Minimum: 21 years

• Salaried: 65 years or retirement date as mentioned in Letter of Introduction (LOI) whichever is earlier at the end of loan tenure.
• Self-Employed Professional, Businessman, Landlord: 70 years at the end of loan tenure.

• Maximum 10 (Ten) years

• No processing fee for loan takeover from other Bank & NBFI

• Bank will finance maximum 70% of property value or BDT 50 lac whichever is lower as per Bangladesh Bank Guidelines (70:30 debt equity ratio)

• In case of financing for construction purpose we may allow moratorium Period for 06 months (maximum) for home loan financing.

• In case of financing for construction purpose, we may consider projected income from the proposed mortgaged property.

• Fully Digital Process – Apply, approve and disburse through "midland online"
• No Paperwork Required
• Instant Credit Decision based on digital scoring
• Loan Amount up to BDT 50,000 (within Bangladesh Bank ceiling)
• Loan Tenure: up to 12 (twelve) months
• EMI-based repayment
• No Early Settlement Fee
• No CIB Inquiry Charge

• Existing Current and Savings Accounts (CASA) account holders of Midland Bank PLC.

• Not Allowed.

• Minimum Age: 18 years.

• Any legitimate purpose.

• Minimum Amount: BDT 1000/- (One Thousand Taka) Only.
• Maximum Amount: BDT 50,000/- (Fifty Thousand Taka) Only.

• Maximum tenure up to 12 (twelve) months.

• The approved loan amount is credited directly to the customer’s Savings or Current account maintained with Midland Bank PLC.

• Equal Monthly Installments (EMI)

• Penal interest of 0.5% per annum on overdue amount to be charged or as per Bangladesh Bank guideline.

• 0.50% of the loan amount (or as per Bangladesh Bank guideline) is applicable

• No Early Settlement Fee.

• Application will be processed within 72 working hours.

• To close or early settle the loan, Customer can adjust Midland e-Loan through "midland online" app.
• Loan will be adjusted automatically after expiry of the loan if EMI paid regularly.

• CIB report is required as per Bangladesh Bank regulation.

• As per NBR/Government rules.

• Financing to the target customers for working capital requirement purpose.
• Minimum BDT 5.00 lac and Maximum limit to determine as per management approval complying the Bangladesh Bank circular/guidance.
• Tenure Maximum up to 5 years.
• Competitive interest rate.
• Early full settlement and partial settlement allowed.
• Quick loan processing.

• Tenure of Business: Minimum 02 years' relationship with Corporate Anchors.
• Nature of business: Trading
• Legal form of business: Proprietorship/partnership/private limited company/organization having valid registrations/licenses.
• Nationality: Bangladeshi by birth.
• Entrepreneurs age: 21-65 years (applicable for sole proprietorship and partnership firms).
• Entrepreneurs experience: 2 years of experience in any kind of business (Relevant business experience is preferable).
• Women entrepreneurship: Minimum 51% share owned by women entrepreneur's (for private limited company/partnership organization) or Minimum 20% share owned by women entrepreneur's (for private limited company/partnership organization) and hold the position of Managing Director (MD) or Chief Executive Officer (CEO) or Chairman of the Board of Directors or equivalent or Minimum 20% share owned by women entrepreneur's (for private limited company/partnership organization) and minimum 51oh workforce are women. .
• Personal Relationship with the Anchor: Distributor should not be a related party to Corporate Anchor.
• Business age of Anchor: Has to be operative in Bangladesh at-least for 03 years.
• Reputational Standing of Anchor: Market position and credit risk grade has to be acceptable.

• Maximum 05 years. (For unsecured loan limit, maximum tenor will be 02 years).

• To provide financial support to the target customers for working capital requirement only.

• As per NBR circular.