MDB Saalam Consumer Finance

Title Details
  • Investment Amount ranges from BDT 50,000 to BDT 2,000,000
  • Repayment tenure of 12 months to 60 months.
  • Competitive profit rate
  • Early full settlement and partial settlement allowed without any charge.
  • Quick processing
  • Fully Shariah complied.
Eligibility Experience :
  • Government Employee: Confirmed employee and 3 months salary should be credited in the account.
  • Employee of Multinational Companies: Confirmed employee with at least 1 year working experience and 3 months salary should be credited in the account.
  • Other Salaried: Must be confirmed employee having 2 years work experience including 3 months at present employer.
  • Self Employed: Must have minimum 2 years experience
  • Businessperson: Must have minimum 2 years business experience
  • Contractual employees: Minimum length of service is 3 years. Last two contract renewal documents to be provided.
Age :
  • Minimum : 21 years
  • Maximum : 65 years
Minimum Net Monthly Income :
Category Minimum Requirement
Salaried(Government, Autonomous body and MPO enrolled employee) Tk. 18,000/- per month
Other Salaried (other than Govt.) Tk. 18,000/- per month
Self-employed, Businessman & Landlord Tk. 30,000/- per month
Joint Application :
  • Joint application allowed
  • Maximum 5 (five) years
  • To purchase any Shariah permissible products and consumer durables.
  • No early/partial settlement fee.
Taxes, Duty, Surcharges
  • As per NBR circular