MDB Saalam Home Finance


SAALAM Home Finance is Purchase/construction/renovation of House/Apartment.

Title Details
Feature & Purpose
  • Apartment/House Purchase
  • House Construction / Renovation / Extension / Completion
  • Takeover of existing home finance from any Bank / Financial Institution Investment Amount ranges from BDT 500,000 to BDT 20,000,000.
  • Repayment tenure of 3 years to 25 years
  • Competitive profit rate
  • No Processing fee for Take over amount of home finance from other Banks/ Financial Institutions.
  • Early full settlement and partial settlement allowed without any fee.
  • Quick 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: No experience.
Age :
  • Minimum : 21 years
  • Maximum : 65 years for Salaried employees and 70 years for others at the end of investment tenor.
Minimum Net Monthly Income :
Category Minimum Requirement
Salaried Executives (Govt.) Tk. 40,000/- per month
Salaried Executives (other than Govt.)/ Self employed/Businessman & landlord Tk. 50,000/- per month
Joint Application :
  • Joint application is mandatory but limited to family member viz. Spouse, Parents, Siblings (Brothers & Sisters), and Children only
  • Minimum 3 years to Maximum 25 (Twenty Five) years
Partial/Early Settlement
  • Allowed without any fee.
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)