Vessel Finance Loan

Am I eligible?

• Income must be routed to any bank account for past 6 months and most recent months’ income must be routed to your BML account
  
• Income from all sources such as salary, business income, vessel income, rental income will be considered
• Repayment of all existing credit facilities should be satisfactory for the past 12 months

Applicable Fees:

• Application Fee: MVR 1,000

How do I apply?

If you are in Male’ you can make an appointment through our Booking Portal and arrange a time to visit our Business Centre located in Male. If you are in the below listed area, take a token through QueueBee to visit the relevant branch to submit the Business Development Loan application form along with required documents.

• Hulhumale’ - Visit Hulhumale’ Branch
• Hithadhoo - Visit Hithadhoo Branch
• Gan - Visit Gan Branch
• Mahibadhoo - Visit Mahibadhoo Branch
• Kulhudhuffushi - Visit Kulhudhuffushi Branch
• Eydhafushi - Visit Eydhafushi Branch

Once an appointment is successfully made, you will receive an SMS with your appointment time to visit the Bank. If the appointment slots for the day are full, please try again for the next working day.

Appointments can be made from 12am on the day before each working day.

If you are residing in any other island, visit the nearest branch and submit Business Development Loan application form along with required documents.

Our Business Centre and branches are open from 8:30am to 2:00pm, Sundays to Thursdays (except public holidays)