Our BML Home Construction Loan helps you build the home of your dreams while enjoying a longer repayment period - of up to 15 years. You can use the Home Construction Loan to purchase land and build a new house, renovate your home, add a bathroom, kitchen or any other extension to your existing home; and even use it to refinance your existing construction loan from another institution.
Submit a Home Construction Loan Application form to any of our branches across Maldives, along with the required supporting documents as mentioned in the form.
We will then assess your application, and will be in contact with you for the next steps. Processing time for Home Construction Loan does vary based on individual applications and we will keep you updated throughout the process.
Contact the branch you have applied to get updates on your loan.
You can keep track of your loan account via Internet Banking, Mobile Banking App or through monthly statements.