Now that we have talked about the main points of the Mercantile Bank Personal Loan, it’s time to talk about its application process as well as other important additional information!
Eligibility
Any Bangladeshi National
Loan Limit
- Minimum Tk.0.50 lac, Maximum Tk.20.00 lac
Age Limit
21-60 years
Interest Rate
Competitive Interest Rate.
Customer Segment
Employees of Govt./Autonomous Bodies/Banking or Non-banking Financial Institution/ Public Limited Company/ Private Limited Company having Corporate Structure/Multinational Company/ Reputed Educational Institutions.
Work experience
01 year as a confirmed service holder
Minimum Income
Tk.15,000/- per month for govt. employees, Tk.25,000/- per month for private service holders. Other income may be considered if supported by proper documents.
Required Documents
- Letter of introduction from competent authority.
- National ID & TIN certificate
- PNS (Personal Net-worth Statement)
- Salary Account Statement for last 6 months
- Photocopy of Passport, Telephone (T&T) bill if any
- Other income, supported by documents
- Personal net-worth statement
I Want To Apply for The Mercantile Bank Personal Loan
The application process for the Mercantile Bank Personal Loan can be made at any of Mercantile Bank’s branches!
Click on the button below and click on the “map icon” to find which branch is closest to you.