Bmli General Finance Website Banner1011

BML Islamic General Financing

BML Islamic General Financing facility is a Shari’ah compliant financing facility to obtain financing for any Shari’ah compliant purpose (excluding medical and education).


Eligibility:

  • Maldivians aged above 18 years, and below 65 years at maturity (Individual and Joint)
  • Businesses registered under Maldives

Features:

  • Minimum financing amount is MVR 50,000 and maximum is based on the customers’ repayment capacity
  • Repayment period is a maximum of 10 years with a grace period upto 12 months (where applicable)
  • Minimum 30% to be paid as Customer’s own contribution
  • Financing rate up to 12.75% ( for MVR finances)

Benefits:

  • Available and accessible nationwide.
  • Customers can get a grace period of up to 12 months where applicable
  • There is no maximum financing limit for the facility, customer can get financing based on their repayment capacity.

How to Apply:

Please submit the completed application form along with the required documents to BML Islamic Male’ Branch or any other Branch outside Male’.