Bank of Maldives has enhanced its BML Kiyavaa (studies) Loan to make it more accessible and attractive to students seeking tertiary education، allowing the students to get the loan regardless of age، type of course and fees.
The loan was previously available to students under the age of 35 years and for academic courses not exceeding four years. With these enhancements، students can now borrow any amount under Kiyavaa Loan for professional courses such as MBBS، pilot training and ACCA with a longer repayment period up to 10 years. Students can also enjoy a grace period until completion of studies.
Mohamed Shareef، Director at BML Retail Banking said، that changes brought will alleviate students in their higher studies. He further said that BML will stand firm and continue to enhance its services to contribute to the developing community.
Bank of Maldives recently launched BML Teachers Loan. BML has also enhanced Lui Express and Home Loan to make it more accessible to customers.