Head Office |
61, Dilkusha Commercial Area Dhaka-1000, Bangladesh |
Known As |
Mercantile Bank |
SWIFT Code |
MBLBBDDH |
Stock Code |
MERCANBANK |
Category |
Commercial |
Type |
Private |
Origin |
Local |
Number Of Branch |
104 |
Branch Link |
Click to view |
Description |
Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking services and to contribute socio-economic development of the country. The Bank commenced its operation on June 2, 1999. The Bank provides a broad range of financial services to its customers and corporate clients. The Board of Directors consists of eminent personalities from the realm of commerce and industries of the country. The Mission of MBL is to become most caring, focused for equitable growth based on diversified deployment of resources and nevertheless would remain healthy and gainfully profitable bank |
Schedule of Charges |
http://www.mblbd.com/home/schedule_of_charges |
Established |
1999 |
Website |
http://www.mblbd.com/ |
| # | Name | Category | Loan Amount | Rates | Tenure | Action |
|---|---|---|---|---|---|---|
| 1 | Home Loan | Home Loan | Tk. 75.00 Lac (Max.) | 14.00% | 25 Years (Max) | View |
| 2 | Car Loan | Car Loan | Max. Tk. 20.00 Lac | 16.00% (Max) | 5 Years (Reconditioned) & 6 Years (Brand New) | View |
| 3 | Any Purpose Loan Scheme | Any Purpose Loan | Tk 0.50 lac to Tk 5.00 lac only. | 16.00% (Max) | 1-4 years | View |
| 4 | Education Loan | Education Loan | Tk. 5.00 Lac to Tk. 20.00 Lac. | 14.50% | 1-7 years | View |
| # | Name | Category | Deposit | Interest Rates | Action |
|---|---|---|---|---|---|
| 1 | Double Benefit Deposit Scheme (DBDS) | Double Benifit Scheme | BDT 10,000.00 or its multiples. | 8.50% | View |
| 2 | Monthly Saving Scheme | Deposit Pension Scheme (DPS) | BDT 500 and in multiples of 5000 up to BDT 25000 | 9.38% | View |
| 3 | Fixed Deposit Account | Fixed Deposit | BDT 10,000.00 | 4.50% - 6.50% | View |
| 4 | Family Maintenance Deposit | Monthly Income Scheme | TK.50,000.00 or its multiple | 7.76% | View |
| # | Name | Bank | Category | Max Interest Free Days | Interest Rate | Action |
|---|---|---|---|---|---|---|
| 1 | MBL International Credit Card | Mercantile Bank Limited | Credit Card | 45 Days | 30% | View |
| # | Name | Bank | Category | Action |
|---|
