Disaster Relief Loan

Key features

• You can borrow up to MVR 510,000 at a low interest rate of 5%
• The loan can be repaid over 15 years and we will require 120% of the property value as a security
• The National Disaster Management Centre will provide the equity contribution of 40%

Am I eligible?

• Borrower should be the landowner or resident living in the house at the time of the natural disaster
• The National Disaster Management Authority must provide a document stating that the equity portion is provided

How to apply?

If you are in Male', you can make an appointment via our Booking Portal and arrange a time to visit our Loan Centre. 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 is full, please try again for the next working day. Appointments can be made from 12am on the day before each working day. 

Our Loan Centre is open from 8:30am to 2:00pm, Sundays to Thursdays (except public holidays).  

If you are outside of Male', you can submit a Disaster Relief Loan Application Form to your nearest branches, along with the required supporting documents as mentioned in the form.