BML reduces interest rates on student loans

Bank of Maldives (BML) has reduced the interest rate on the banks student loan "Kiyavaa Loans" to five percent.

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BML Chairman Yooshau Saeed (L), President Ibrahim Mohamed Solih (C), First Lady Fazna Ahmed (C) and Vice President Faisal Naseem (R) attending the ceremony to celebrate BML's 40th anniversary -- Photo: Nishan Ali

Malika Shahid

2023-01-13 11:57:27

Bank of Maldives (BML) has reduced the interest rate on the banks student loan "Kiyavaa Loans" to five percent.

At the ceremony held at CROSSROADS celebrating BML's 40th anniversary, the bank's Chairperson, Yooshau Saeed said the interest rate on the current and new "Kiyavaa Loans" issued by the bank will be reduced to five percent starting from February 1.

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