Mercantile Bank Limited


 Home Loan

Residing at own home/flat is a long cherised dream to everyone. To materialize this dream, Mercantile Bank Ltd is beside you offering easy to avil competitive Home Loan with lucrative features.

 

 

 Our Strength

We ensure smooth and prompt disposal of the loan for your dream house to turn into reality.

 

We offer most competitive interest rate with easy to access terms and conditions.


 

 Purpose  Eligibility
  1. Purchase of Flats/Apartments.
  2. Construction of House.
  3. Extension of House.
  4. Renovation of House.
  5. Finishing Works of Building.
  6. Taking over of regular House Building from other Banks/Fls.
  1. Bangladeshi National
  2. Regular Employees of Govt. / Semi/Autonomous Bodies / Multinational Companies/ Public Ltd. Co. / Private Ltd. Companies etc.
  3. Self employed Professionals.
  4. Businessman.
  5. Teachers of Universities / Colleges / Schools and established educational institutions in the Public and Private Sectors.
  6. Age limit 21-60 years (including repayment period).

 Loan Limit Period Repayment Mode Interest Rate
Max. Tk 75 lac. Max. 25 Years (including grace period) Equal Monthly Installment Competitive Interest Rate as per Bank's policy and Bangladesh Bank Guidelines

 

Required Documents
  • Supporting documents regarding ownership of Land / Building / Apartments.
  • TIN Certificate
  • Disclosure of income statement and personal networth
  • Lay out plan approved by the competent authority.

 

Application Process:

 

Please apply in a prescribed form visiting any of our brances listed HERE.

 


 

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