Midland Bank PLC. (MDB) launched “MDB Digital Nano Loan” for all existing customers, marking a significant step in its digital banking journey. The initiative aligns with Bangladesh Bank’s directive under BRPD Circular No. 11 dated June 02, 2022, which emphasizes the promotion of End-to-End Digital Lending to enhance financial inclusion, improve the living standards of marginalized communities through Digital Small Loans, and diversify banks’ credit portfolios by reducing reliance on corporate loan concentration.
Md. Ahsan-uz Zaman, MD & CEO of the Bank formally launched “MDB Digital Nano Loan” at a simple ceremony held on 18th February 2026 at the Head Office of the Bank. Md. Zahid Hossain, DMD & CRO, Md. Nazmul Huda Sarkar, DMD & CTO, members of Senior Management Team of the Bank were also present at the ceremony. Omar Sharif Head of Digital Financial Services of the Bank and related officials also attended the ceremony, who worked hard to implement this project successfully.
The MDB Digital Nano Loan offers a fully digital, app-based credit facility enabling eligible customers to apply, receive approval, and obtain disbursement through digital channels. Loan amounts range from BDT 1,000 to BDT 50,000 with tenures of up to six months. Customers maintaining a minimum monthly balance of BDT 15,000 in their Midland Bank account are eligible to apply. Applications are processed within the shortest possible time, and approved funds are disbursed directly to the customer’s account maintained with Midland Bank PLC., in compliance with the guidelines of both Midland Bank and Bangladesh Bank.
To avail the facility, customers must download and register on the “midland online” app, upload required documents, and complete the digital application process using a smartphone. Through this initiative, Midland Bank PLC. reinforces its commitment to expanding access to formal financing through secure, efficient, and technology-driven solutions at competitive rates, thereby strengthening its digital ecosystem and supporting the broader financial inclusion agenda of Bangladesh.
