General Financing

Key features

• Financing is available from MVR 50,000 and maximum financing limit is based on the customers’ payment capacity 
• Financing rate up to 12% (for MVR finances)
• Financing is up to 10 years with a grace period of up to 12 months
• Your own contribution of 30% is required

Am I eligible?

To apply for this facility, you should  

• Be a Maldivian aged above 18 years, and below 65 years at maturity (application can be submitted in joint capacity)
• Be a business registered in Maldives
• Client should be a BML Customer with at least 12 months account operation
• Earn sufficient income to cover the facility monthly repayment

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 BML Islamic Male Branch located in Male. If you are in the below listed area, take a token through QueueBee to visit the relevant branch to submit BML Islamic General Financing application form along with the 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 8am on the day before each working day.

If you are residing in any other island, visit the nearest branch and submit BML Islamic General Financing Application form along with required documents.

Our BML Islamic Male’ Branch and Branches outside Male’ are open from 8:30am to 2:00pm, Sundays to Thursdays (except public holidays).