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Mercantile Bank Limited

Mercantile Bank Limited

 +88-02-9559333, 9553892

 +88-02-9561213

 it@mblbd.com

Loan information of MERCANTILE BANK LIMITED
NameEducation Loan
Category Education Loan
Loan AmountTk. 5.00 Lac to Tk. 20.00 Lac.
Rates14.50%
Tenure1-7 years
Charges

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Conditions

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FeaturedNo
Description

Mercantile Bank Limited Education Loan may be availed by any student of Bangladeshi National with excellent educational track record to provide financial assistance for furthur educational purposes like study abroad or within the country. Moratorium period of the loan will be depending on the duration of the courses ranging from 02(two) years to maximum 04(four) years.

Benefit

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Eligibility
  • Applicant must be enrolled as a student in Public/Private University in case of pursuing higher studies in home for undergraduate and post-graduate program.
  • Age of the Applicant should be in between 18 to 30 years at the time of disbursement of loan.
Supporting Documents

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*Bdbankbazaar is not responsible for any discrepancy of interest rate and terms and condition of respective Bank/ NBFI