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Guest House Loan

Our Guest House Loan presents you with the opportunity to invest and expand into Guest House business across the country. It offers you financial options from construction of guest to working capital for houses/ hotels

Flyer Guesthouse Final

Guest House Loan can be utilized for

  • Construction of new Guest houses/Hotels
  • Expansion of Guest houses/Hotels
  • Furnishing of Guest houses/Hotels
  • Working capital for operation

Key Features

  • Invest and construct Guest Houses/Hotels in any location in the Maldives
  • Interest rate: 13%
  • Equity: 30%
  • No deposit required
  • Loan amount up to MVR 30,000,000
  • Longer/flexible grace period up to 18 months
  • Repayment period up to 15 years

Eligibility

  • Individuals, businesses, companies and other institutions
  • Maldivians aged between 18 – 60 years
  • Borrower must have a consent agreement with the land owner where land is owned by a third party
  • Borrower should be a BML Customer with at least 12 month account operation