Mercantile Bank Limited Education Loan may be availed by any student of Bangladeshi National with excellent educational track record to provide financial assistance for further educational purposes like study abroad or within the country. To get a Loan from Mercantile Bank Limited you should be in between 18 to 30 years old . And you need a excellent result in SSC/HSC/O-Level/A-Level or equivalent from any recognized educational institution at home or abroad for pursuing undergraduate course in home. Educational program must commensurate with the career prospect of the borrower.
Mercantile Bank Limited Education Loan Limit:
If you want to Studies in Bangladesh then you may get Max 5.00 Lac taka and For Studies Abroad you can get Maximum 20.00 Lac Taka.
Expenses considered for Loan
- Fees payable to University/College/Hostel
- Examination/Library/Laboratory Fee
- Purchase of Books/Equipments/Instruments/Uniforms
- Travel Expenses/Passage money for studies abroad
- Purchase of Computers - essentials for completion of the course
- Boarding and lodging expenses in recognized Boarding Houses/private accommodations
- Any other expense required to complete the course - like study tours, project work, thesis, etc.
Necessary Documents:
Application form of Bank loan, Photograph, Residential Proof Certificates, Applicants income certificates, At last examination mark sheets, Offer letter of course, Course Department Authorized Expenditure and others necessary information. If you want to know more detail contact nearest branch of Mercantile Bank Limited.
Application form of Bank loan, Photograph, Residential Proof Certificates, Applicants income certificates, At last examination mark sheets, Offer letter of course, Course Department Authorized Expenditure and others necessary information. If you want to know more detail contact nearest branch of Mercantile Bank Limited.