About Short Term Loan on Block Deposit
Long-term fixed deposits and savings depositors facing current financial challenges may apply for MTB Bank’s Short-Term Loan secured by their deposits. This allows them to access funds without affecting their deposit, by agreeing to a slightly higher interest rate.
Loan Amount | Loan Tenor | Interest Rate |
Maximum deposit’s 95% | Maximum deposit period not to exceed (1) year | 12% to 15% |
Requirements
Requirements
- Lien Apply Letter
- Fixed Deposit Certificate (Original)/ Saving Deposit Book (Copy)
- MTB Bank Statements
- MTB Bank Loan Statement(If any)
- NRC
- Passport Photo
- Household Member List
Check yours loan eligibility now!
To know your estimated loan eligibility amount, calculate at AYA Home Loan Calculator
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