MTB Professional’s Loan
At MTB, we understand the diverse needs of Bangladeshi professionals. To cater to these individuals, we offer a unique loan product called MTB Professional’s Loan. We recognize that, as a professional, you demand great value and the best use of your money. MTB Professional’s Loan is a multi-purpose cash loan that is collateral-free, with fixed monthly installments.
Eligibility: Who Can Apply
Any creditworthy Bangladeshi in the following professions, whether self-employed or salaried:
- Doctors or medical professionals
- Engineers
- Architects
- Chartered Accountants
Age:
Minimum age of 22 and a maximum of 65 years or the 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 from Tk. 50,000 to Tk. 10,00,000
- Repayment tenor: 12 – 60 months
Loan Balance Transfer Or Take Over:
Professionals with existing EMI-based personal loans from other banks may enjoy the facility of Loan Balance Transfer, pending credit evaluation.
MTB Professional’s Loan Eligibility
- Minimum of 6 loan EMI repayments with the existing bank
- Minimum takeover loan amount is BDT 2,00,000, and a maximum of 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.