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
Eligibility Experience :
  • 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.
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 18 months (maximum) for home loan financing.
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