You can get up to 3 times the monthly POS sales average as a Retailer’s Loan for business requirements, whether it’s to meet every day needs or to fund your business expansion.
Repayment period
• Customers can use the loan funds to pay for imports via BML’s Swift Transfer or Letter of Credit without having to provide USD for the transaction, subject to availability
For loan amounts below MVR500,000
For loan amounts above MVR500,000
Applicable Fees:
If you are in Male’ or Hulhumale’, you can make an appointment through our Booking Portal and arrange a time to visit our Business Centre located in Male or take a token through QueueBee to visit Hulhumale’ Branch to submit the Retailer’s Loan application form along with required documents.
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 island, visit the nearest branch and submit Retailer’s 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)
Please note that this is an estimate, and may differ from the actual repayment amount.
Please note that this is an estimate, and may differ from the actual repayment amount.
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Merchant Portal