BML Islamic offer more flexibility in eligibility criteria for Personal Financing

Bank of Maldives (BML) on Monday, 07 June 2021, announced positive changes to its BML Islamic Personal Financing.

Moreover, the bank confirms offering more flexibility for the customers in their eligibility criteria for the Personal Financing instrument.

Customers with existing Lui Express Loans are now eligible to apply for BML Islamic Personal Financing facility, reports BML. Moreover, the new change allows customers with additional financing up to 5 times their salary.

Furthermore, the Personal Financing facility also allows receipt of goods within 7 days from the date of application.

Speaking about the new changes from the national bank, BML’s CEO and Managing Director says “today’s announcement reflects our commitment to continue fulfilling customers’ needs.”

Meanwhile, the national bank of the island nation continues with several positive strides as it moves forward with business expansion.