MTB Professional’s Loan

MTB understands the diverse needs of Bangladeshi Professionals. To cater to these individuals, MTB now offers a unique loan product named MTB Professional’s Loan. MTB recognizes that as a Professional, you demand great value as well as the best utilization of your money. MTB Professional’s Loan is a multi-purpose cash loan which is collateral free, with fixed monthly installment.

Eligibility:

Who can apply

Any credit worthy Bangladeshi in the following professions as self-employed or salaried people:

Doctors or medical professionals
Engineers
Architects
Chartered Accountants

Age:
- Minimum 22 and maximum 65 years or retirement date whichever is earlier at the loan maturity
Experience:
- 1 year of experience for salaried professionals
- 2 years of practice for self employed professionals
Minimum monthly income:
- BDT 25,000 per month for salaried professionals
- BDT 40,000 per month for self employed professionals
Loan Amounts and Tenor:
- Loan amount Tk. 50,000 to Tk. 10,00,000
- Repayment Tenor 12 – 60 months

Loan Balance transfer or Take over:

Professionals enjoying EMI based personal loan with other banks may enjoy the facility of Loan Balance Transfer, pending credit evaluation

Eligibility:

Minimum 6 loan EMI repayment with existing bank
Minimum takeover loan amount is BDT 2,00,000 and maximum BDT 10,00,000

Benefits of Takeover Plan:

No processing fee for loan takeover or balance transfer
Approved loan amount may be higher than the takeover loan amount