Conventional
House Furnishing Loan
Mercantile Bank PLC
13.50% to 14.50% interest rate a year
Mercantile Bank PLC doesn't publish this loan's rate. This is the range it reported to Bangladesh Bank for consumer credit. Ask the bank which rate you'd get.
Key facts
- Interest rate
- 13.50% to 14.50%
- Processing fee
- Not listed by the bank
- Loan amount
- Up to ৳ 5,00,000
- Tenure
- Up to 5 years
Who can apply
- Who can apply
- Salaried, Professionals, Self-employed, Business owners
- Age
- 21 to 60 years
- Any Bangladeshi national.
- Salaried employees of government, autonomous bodies, banks, non-bank financial institutions, public limited companies, corporately structured private limited companies, multinational companies or reputed educational institutions.
- Professionals or self-employed applicants: doctors, engineers, accountants, IT professionals and management consultants.
- Business owners must have at least 3 years in business.
- Down payment: 70:30.
Documents you need
- Letter of introduction for service holders.
- Trade license for business owners.
- National ID and TIN certificate.
- Bank account statement for the last 6 months.
- Photocopy of passport and telephone (T&T) bill, if any.
- Supporting documents for other income.
- Personal net-worth statement.
From the bank's own list. The bank may ask for more.
Full termsPRO
Every fee, repayment rule, security and document Mercantile Bank PLC publishes for this loan: stamp, valuation and CIB charges, the fee to settle early, grace period, takeover and more.
Get Pro to see themChecked against Bangladesh Bank
The rate shown is Mercantile Bank PLC's own announcement to Bangladesh Bank for October 2026. It updates when Bangladesh Bank publishes a new chart.
Source: Bank website. Last checked 16 October 2026.
Banks can change rates at any time. Confirm with the bank before you sign.