Home Loan

Residing at own home/flat is a long cherished dream to everyone. To materialize this dream, Mercantile Bank Ltd is beside you offering easy to avail 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.


  • Purchasing apartment(s)
  • Constructing new House(s)
  • Renovation of existing Building or Apartment(s)
  • Taking over of House Building Loans from other Banks / Non-Bank Financial Institutions.


  • Any Bangladeshi resident/Non-resident Bangladeshi (singly or jointly with spouse/son/daughter)

Loan Limit

  • 120.00 lac


  • 25 years for construction of building & 20 years for purchasing of flat with maximum 3 to 12 months grace period in both the cases.
  • For taking over loan, remaining loan period with existing financer or 10 years whichever is lower will be applicable.

Age Limit

  • Minimum 21 Years. Maximum 65 years at the time of loan maturity for service holders & 70 for others

Minimum Land Area

  • 1.75 katha/2.89 decimal

Interest Rate

  • Competitive Interest Rate.

Loan-Equity Ratio

  • 60:40 for construction & renovation purpose
  • 70:30 for purchasing of apartment

Customer Segment

Salaried Person

Employees of Govt./Autonomous Bodies/Banking or Non-banking Financial Institution/ Public Limited Company/Private Limited Company having Corporate Structure/Multinational Company/ Teachers of any school/ college/University


Doctors/Engineer/Accountant/IT Professional/Management Consultant/Landlord


Businessman having at least 3 years of length of business

Required Documents

  • Employer's Certificate (stipulating monthly remuneration) for service holder.
  • National ID
  • TAX return receipt
  • PNS (Personal Net-worth Statement)
  • Bank Account Statement for last 12 months
  • Trade license (for businessman)
  • Photocopy of Passport, Telephone (T&T) bill if any
  • Income supported by documents
  • Approval from RAJUK/competent authority
  • Property documents

What you want? don't worry, contact us