MDB Amar Bari

MDB Amar Bari is a specially designed Home Loan product targeting mainly the semi-urban and rural customers for Home Construction / Home Renovation, Extension & Completion, Home Loan Take Over for own or rental purpose (for residential use only).

Title Details
Product Range
  • Home Construction Finance Facilitate construction of tin-roof / tally-roof and brick walled residential house (semi-pacca) and pacca building
  • Home Renovation / Extension / Completion Finance Facilitate renovation / extension / completion of existing tin-roof / tally roof and brick walled residential house (semi-pacca) and pacca building owned by the applicant(s).
  • Home Loan Take Over & Renovation / Construction Finance To purchase customer’s liability against the property to be financed from other Bank / Financial Institution (FI) and additional amount for renovation of the house or apartment.
Loan Period
  • Minimum Tenor 3 years (36 months)
  • Maximum Tenor 10 years (120 months)
Loan Amount
  • Minimum Loan Amount BDT 500,000/- (Five Lac Taka) Only
  • Maximum Loan Amount BDT 5,000,000/- (Fifty Lac Taka) Only
Product Feature
  • Customer will get 50% discount from general processing fee if he/she installs solar panel / Bio Gas plant for electricity generation at the proposed property
  • No Early settlement fee
  • No Partial settlement fee
Moratorium Period
  • Maximum 06 (six) months from the date of disbursement in case of single-phase disbursement drawdown or from the date of first partial disbursement in case of multi-phase disbursement.
Location of the property to be financed
  • All locations where Midland Bank Ltd. (MDB) has its presence.
Product Range
  • Home Construction Finance Facilitate construction of tin-roof / tally-roof and brick walled residential house (semi-pacca)
  • Home Renovation / Extension / Completion Finance Facilitate renovation / extension / completion of existing tin-roof / tally roof and brick walled residential house (semi-pacca building) owned by the applicant(s)
Proposed income included for construction purpose
  • In case of financing for construction purpose, we may consider projected income from the proposed mortgaged property. However, clients are solely depends on projected rental income will not be allowed for financing.
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