MDB Home Loan

Home is where the heart is. Experience and cherish your desired home with MDB Home Loan.

Title Details
Feature & Purpose
  • Apartment/House Purchase
  • House Construction / Renovation / Extension / Completion
  • Takeover of existing home loan from any Bank / Financial Institution Loan Amount ranges from BDT 500,000 to BDT 20,000,000
  • 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
  • Life Insurance facilities are available as per customer’s choice
Eligibility Experience :
  • Salaried Executives (Multi National Company): Minimum 1 years experience
  • Salaried Executives (other than Multi National Company): Minimum 2 years experience
  • Self Employed : (Doctors, Architects, Engineers, Chartered Accountant and Certified Consultant, IT Professionals etc.) with Minimum 2 years experience
  • Business Person : Minimum 2 years of involvement in business
Age :
  • Minimum : 21 years
  • Maximum : 62 years (For Salaried) and 65 years (For Others) at the end of loan tenor
Minimum Gross Monthly Income :
  • 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 :
  • Joint application allowed
  • Maximum 25 (Twenty Five) years
  • No processing fee for loan takeover from other Bank & NBFI
Taxes, Duty, Surcharges
  • As per NBR circular
Highest Amount
  • Bank will finance maximum 70% of property value or BDT 2.00 crore whichever is lower as per Bangladesh Bank Guidelines (70:30 debt equity ratio)
Moratorium Period
  • In case of financing for construction purpose we may allow moratorium Period for 12 months (maximum) for home loan financing. During the moratorium period applicant will pay only interest amount against the draw down amount and all phase must be availed within twelve (12) months from the date of 1st disbursement or within the moratorium period (whichever is earlier).
Proposed income included for construction purpose
  • In case of financing for construction purpose, we may consider projected income from the proposed mortgaged property
TPA Process
  • Allowed Tri partite Agreement (TPA) with top listed developers
Conditional Approval
  • Allowed conditional approval. After getting applicants income related documents bank will provide conditional approval very shortly subject to clean Legal vetting and Valuation report.