MBD BIKE LOAN

Ride Your Dream with MDB Bike Loan

Title Details
Features
  • 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
Eligibility
  • Customer Segments:
        • Eligible for all Bangladeshi individuals, both male and female.
  • Salaried:
        • 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.
  • Self-Employed Professional:
        • Minimum 2 years professional experience with valid professional certification where applicable.
    Businessperson:
    • Minimum 2 years business experience.
  • Landlord/Landlady:
        • Individuals having stable rental income with valid ownership proof.
  • Contractual Employees:
        • Minimum 2 years work experience including 12 months with current organization. Applicable for Medical Representative Officers of reputed pharmaceutical companies only.
    Age Criteria:
    • 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.
    Tenure
    • Minimum 6 months to Maximum 36 months (3 Years)
    Purpose
    • For purchasing new, reconditioned, electric/battery-driven motor bikes
    Terms & Conditions
    • The Bank reserves the right to change product features and conditions when necessary
    FAQ