Education Loan from Mercantile Bank Limited in Bangladesh

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Mercantile Bank Limited

Phone: +88-02-9559333, 9553892

Fax: +88-02-9561213

E-mail: it@mblbd.com

Website: www.mblbd.com

Name: Education Loan

Description: Mercantile Bank Limited (MBL) Education Loan may be availed by any student of Bangladeshi National with excellent educational track record to provide financial assistance for furthur educational purposes like study abroad or within the country.

Loan Amount:

~ Maximum BDT 500000 (Studies in Bangladesh)

~ Maximum BDT 2000000 (Studies Abroad)

Age: An applicant must be 18 Up to 30 years

Purposes: Loans will be given in the following fields – admission, examination, tuition fee, research fee, hostel fee, computer buying, book buying and education related travel & others.

Eligibility:

1. An Applicant must be enrolled as a student in Public/Private University in case of pursuing higher studies in home for undergraduate and post-graduate program.

2. Holds excellent result in SSC/HSC/O-Level/A-Level or equivalent from any recognized educational instituition at home or abroad for pursuing undergraduate course in home.

3. Holds excellent result in SSC/HSC/O-Level/A-Level or equivalent from any recognized educational instituition at home or abroad for pursuing post-graduate courses in home or abroad.

4. Educational program must commensurate with the career prospect of the borrower.