Bank loans in Maldives

I think Bank loans are not available for expats in Maldives. If u want any kind of loan you must be Maldivian. So, my suggestion is that Banks in Maldives should start approving loans to expatriates also.

Hi

I don't think expats will get loans from the Maldives.

But I have another experience to share with you.

I'm an Indian (from Kerala). 6 months ago I come to work here. My workplace is 2 hrs by speedboat far from Male' city. I went to State Bank of India in Male' for opening salary account. 4 times I visited the bank for completion.

The first time they send me back because they told to bring a recommendation letter from my employer. (through the mail is not acceptable)

The second time they send me back because I put visa number instead of id number in the letter and Indian address instead of company address on the place they asked as the permanent address.

The third time I come with the corrected letter.

And finally fourth time I come for collecting ATM card and Password after 2 weeks.


So if anyone plans to open a salary account in State Bank of India, keep the following ready with you.

1. Recommendation letter from employer.
2. Passport and Employment card copy (original need for verification) -the mamigili branch ask for company seal in these copies also. Better not to go Mamigili branch.


Also, note that old currencies will not be taken by SBI. Last time I stand in queue for 1 hr and after only I come to know those old currencies will not take by them. The funny thing is the same notes taken in UAE exchange in my village in India later.

The following e-mail you may use for any queries or complaints sometimes they will respond quickly and sometimes very late.

[email protected]
[email protected]
[email protected]

And we can apply for internet banking yourself. For that, we need customer id. Our customer id is our first 9 digits of our account number.

Hope these pieces of information are useful for someone who reads this. Please feel to contact my email ***