Home Loan

Your dream Home is not just a place of living, it is shelter of your loving family. We always take pride to bring your home ownership in a personalized service from professionals with 17 years of expertise in relevant field.

  • Maximum loan in Minimum processing time with competitive Interest Rate & Fee
  • Loan tenure up to 25 years
  • Financing in ready or under construction stage with customized disbursement plan
  • Flexible loan assessment irrespective of any profession
  • Convenient repayment mode
  • Partial/ Full prepayment option
  • Easy documentation
  • Expert legal and technical counselling to help you make the right financing decision.
  • Customized service for your convenience before & after disbursement
  • Moratorium Period Available
  • No hidden charges
  • Experienced Relationship Manager to guide you

Eligibility criteria:

  • Employed/ Self Employed/Professional/Landlord with regular monthly income
  • Minimum 2 years of service or 3 years of business experience required
  • Minimum age should be 25 for income consideration and maximum age 65 years or retirement age, whichever lower.

HOME LOAN PRODUCT SECTION:

Our Home Loan product offerings are specially customized to suit your need whether it is for Apartment purchase or Construction of residential building or Home Equity.

Please let us assist you from our wide range of customized Home Loan products based on exactly what you need…

We have introduced this product to assist you bearing a large portion of the cost of buying an apartment-

  • Financing up to 70% of purchase price of apartment including registration cost.
  • Loan can be availed for purchase of New or Used apartment
  • Loan tenure up to 20 years subject to age limit of applicants

 

Required Documents:

 

Loan Term

Profession Loan Term
Employed/Professional 20 years
Self Employed 15 years
Non Resident Bangladeshi 10 years

 

Loan Security

  • Mortgage of the property itself or any other equivalent security as acceptable to Meridian Finance and Investment Limited.
  • Tripartite Loan Agreement (TLA) or relevant security proposition applicable.

We will assist you to construct your home or to continue your construction work which is partially done.

 

Key Features:

  • Financing facility up to 80% of total construction cost
  • Partial disbursement of loan based on construction stage
  • Flexible monthly payment on partly disbursed loan amount
  • Proposed property to be Registered Mortgaged in favor Meridian Finance & Investment Ltd.



Loan Term

Profession  Loan Term
Employed/Professional 20 years
Self Employed 15 years
Non Resident Bangladeshi 10 years

 

Required Documents:

 

We will assist you to complete your partly constructed building or renovate existing building-

  • Financing facility up to 80% of construction cost or 70% of renovation cost
  • Partial disbursement of loan based on construction stage
  • Proposed property to be Registered Mortgaged in favor Meridian Finance & Investment Ltd.

 

Required Documents:

 

Loan Term

Profession Loan Term
Employed/Professional 20 years
Self Employed 15 years
Non Resident Bangladeshi 10 years

 

Loan Security

  • Registered Mortgage of the property itself or any other equivalent security as acceptable to Meridian Finance and Investment Limited.

We can assist you to transfer your existing home loan with other Bank/NBFI by-

  • Takeover of existing loan outstanding balance only
  • Takeover of existing loan outstanding balance with top up facility
  • Better financial proposition in terms of Interest rate & loan term

 

Required Documents:

 

 

Loan Term

Profession Loan Term
Employed/Professional 20 years
Self Employed 15 years

 

Loan Security

  • Mortgage of the property itself or any other equivalent security as acceptable to Meridian Finance and Investment Limited.
  • Tripartite Loan Agreement (TLA) or relevant security proposition applicable.

We provide loan to purchase Commercial Space or Shop to upgrade your professional attributes in a greater scale with financing facility up to 70% of purchase price-

Loan Term

Profession Loan Term
Employed/Professional 10 years
Self Employed 10 years

 

Required Documents:

 

Loan Security

  • Registered Mortgage of the property itself or any other equivalent security as acceptable to Meridian Finance and Investment Limited.

Will add later on……………………

Your existing property can be utilized to meet your immediate financial requirement with our Home equity loan to-

  • Purchase another property
  • Meet immediate family requirement such as children’s education, investment

Loan Term

Profession Loan Term
Employed/Professional 20 years
Self Employed 15 years
Non Resident Bangladeshi 10 years

 

 

Loan Security

  • Registered Mortgage of the property itself or any other equivalent security as acceptable to Meridian Finance and Investment Limited.

Most of us forget that the value of property is much more than registration cost. We want to remind you that Property registration is a vital issue for the proper safety and security of your property and to assist you in funding the registration process we are extending Property Registration Loan.

Maximum Loan will be considered up to 15% of total acquisition cost/assessed value of property

Loan Term

Profession Loan Term
Employed/Professional 10 years
Self Employed 10 years
Non Resident Bangladeshi 10 years

 

 

Loan Security

  • Registered Mortgage of the property itself or any other equivalent security as acceptable to Meridian Finance and Investment Limited.

 

SEPARATE SECTION IN CONSUMER WEBSITE

  • Essentials of Home Loan-
  • You can apply individually or jointly for Home Loans. Generally, we take Applicant & Co-Applicant for each loan where spouse will
  • Purchaser/ Owner of property must be the main applicant. Generally co-applicants are close family members i.e Spouse, Son, Daughter, Father, Mother based on proposition
  • All owners will have to jointly apply for loan in case of joint ownership in a property
  • Regular verifiable income for determination of repayment capacity
  • Maximum age to be considered as 65 years during the loan term
  • Good clear legal title of subject property to create mortgage in favor of MFIL