Savings | 2.00% (for general) (for any amount) |
Period |
For any Amount |
3 Months to less than 6 Months |
6.35% (For any amount) |
6 Months to less than 1 Year |
6.35% (For any amount) |
1 Year |
6.35% (For any amount) |
2 Year |
6.35% (For any amount) |
Period |
For any Amount |
1 Month to less less 3 Months |
2.50% (For any amount) |
3 Months to less than 6 Months |
4.25% (For any amount) |
6 Months to less than 1 Year |
4.50% (For any amount) |
1 Year |
4.75% (For any amount) |
2 Year |
4.75% (For any amount) |
BDT 1 Lac to Less than BDT 1 Cr. | BDT 1 Cr. to less than BDT 25 Cr. | BDT 25 Cr. to less than BDT 50 Cr. | BDT 50 Cr. to less than BDT 100 Cr. | BDT 100 Cr. and above |
1% | 1.5% | 2.5% | 3% | 3.5% |
Tenure | Simple Interest Rate | Effective Interest Rate |
3 years or 5 years | 6.00% | - |
( Tk.500 per month per Tk.100,000/- before tax ) |
Period |
Simple Interest Rate |
Effective Interest Rate |
3 years |
- |
7.01% |
5 years |
- |
7.01% |
8 years |
- |
7.01% |
10 years |
- |
7.01% |
Deposit Product Name | Weightage | Provisional Profit Rate |
Mudaraba Mashik Shanchay Prokolpa (MMSP) | 1.10 | 7.01% |
Digun Briddhi Amanat Prokolpo (DBAP) |
||
Tenure |
Interest Rate |
Effective Annual Interest Rate |
10 years |
|
7.18 % p.a. |
Tenure | Simple Interest Rate | Effective Interest Rate |
3 years | 6.00% | 6.17% |
( Tk.1,500 per quarter per Tk.100,000/- before tax ) |
Super Munafa Amanat Prokolpo (SMAP) Rates |
||
Tenure |
Interest Rate |
Effective Annual Interest Rate |
One year |
7.02% p.a. |
7.25% p.a. |
( Tk.1000 per month per Tk. 1,90,000/- ) |
Non Chequeable Savings |
3.50% (1.50% higher than the regular SB rate) |
Aporajita Masik Munafa Prokolpo Rates |
|
Tenure |
Effective Interest Rate |
3 years or 5 years |
Simple interest rate 6.00% p.a. Effective Annual Interest Rate 6.17% p.a. |
(3 & 5 years, Tk.500 per month per Tk.100,000/-before tax) |
Minimum Balance BDT 10,000.00 |
2.00% (Interest rate of regular Savings Bank account) |
Minimum Balance BDT 50,000.00 |
3.50% (1.50% higher than regular SB rate) |
Minimum Balance BDT 100,000.00 |
4.00% (2.00% higher than the regular SB rate) |
Rate of Interest: | 1.00% (1.00% less than the regular SB rate) |
Tenure | Simple Interest Rate | Effective Interest Rate |
2 years or 3 years | 6.00% | 6.17% |
( (2 & 4 years, Tk.500 per month per Tk.100,000/-before tax ) |
effective from September 01 ,2023
Sectors of Business | Interest Rate |
---|---|
Agricultural Loans: | |
Term Loan (Both Short Term & Long Term) | 9.14% |
Revolving Credit | 9.14% |
Corporate Loans: | |
Term Loans for Industrial/Manufacturing Proiect | 10.14% |
Other Term Loans | 10.14% |
Working Capital Financing: | |
Industrial/Manufacturing Project (Including Cash Incentive & Time Loan | 10.14% |
Industrial/Manufacturing Project (IDBP) | 10.14% |
Trade Financing/Business Loans (IDBP) | 10.14% |
Work Order / Supply Order | |
Export Loan (PC) | 9.14%* |
Export Loan (ECC) | 9.14%* |
Trade Financing/Business Loans (including Time Loan) | 10.14% |
Import financing of rice, wheat, edible oil (refined and crude), pulse, peas, onion, dates and sugar | 10.14% |
Short Term Loan (STL)- (For maximum 06 months) | 10.14% |
Financing to Small & Medium Enterprise | |
With BB refinancing | As per Bangladesh Bank's directives ** |
Without BB refinancing | |
Industrial/Manufacturing Project, Hire Purchase/Lease Finance, Factoring | 10.14% Addition 1% Supervision Fee |
Others | 10.14% Addition 1% Supervision Fee |
Women Entrepreneurs Development Schema | |
With BB refinancing | As per Bangladesh Bank's directives ** |
Without BB refinancing | |
Industrial/Manufacturing Project | 10.14% Addition 1% Supervision Fee |
Others | 10.14% Addition 1% Supervision Fee |
Loans to NBFIs | 10.14% Addition 1% Supervision Fee |
Lease Finance/Hire Purchase | |
Industrial/Manufacturing Project | 10.14% Addition 1% Supervision Fee |
Others | 10.14% Addition 1% Supervision Fee |
House Building Loan (HBL) | |
Residential | 10.14% Addition 1% Supervision Fee |
Commercial | |
Industrial/Manufacturing Project | 10.10% Addition 1% Supervision Fee |
Others | 10.14% Addition l% Supervision Fee |
SOD/Loans against FDR of our Bank | FDR Rate +3.00%**. Addition 1% Supervision Fee |
SOD/Loans against Scheme Deposits of our Bank | Scheme Deposit Rate + 4.0006**'r Addition l% Supervision Fee |
SOD/Loans against FDR/ Scheme Deposits etc. of other Bank, ICB Unit Certificate & FC Bond | 10.14%, Addition 1% Supervision Fee |
SOD/Loans against Shares/Debenture | 10.14%, Addition 1% Supervision Fee |
Special Credit Schemes | |
Loans under schemes | |
i) Doctors' Credit Scheme | |
Interest Rate | 10.14%, Addition 1% Supervision Fee |
Loan Processing Fee | 1% |
ii) Personal Loan Scheme | |
Interest Rate | 10.14%, Addition 1% Supervision Fee |
Loan Processing Fee | Up to 1% on loan amount |
Risk Fund | Nil |
iii) Car Loan Scheme | |
Interest Rate | 10.14%, Addition 1% Supervision Fee |
Loan Processing Fee | Up to 1% on loan amount |
iv) Home Loan Scheme | |
Interest Rate | 10.14%, Addition 1% Supervision Fee |
Loan Processing Fee | Up to 1% on loan amount |
v) House Furnishing Loan (Consumer Loan Scheme) | |
Interest Rate | 10.14%, Addition 1% Supervision Fee |
Loan Processing Fee | Up to 1% on loan amount |
Risk Fund | Nil |
vi) Cottage Loan | |
Interest Rate | 10.14%, Addition 1% Supervision Fee |
Loan Processing Fee | Up to 1% on loan amount |
vii) Education Loan | |
Interest Rate During Moratorium Period | 10.14%, Addition 1% Supervision Fee |
Interest Rate After Moratorium Period | 10.14%, Addition 1% Supervision Fee |
viii) Overseas Employment Loan Scheme | 10.14%, Addition 1% Supervision Fee |
Rural Development Scheme | 10.14%, Addition 1% Supervision Fee |
Financing Solar Energy & Bio-Gas project under BB refinance | |
Direct lending to ultimate beneficiary | As per Bangladesh Bank's directives** |
Lending through NGO linkage | |
Financing Effluent Treatment Plant (ETP) | |
Financing to Jute Sector under Refinance Scheme of Bangladesh Bank | |
Financing to RMG Sector Safe Working Environment program of JICA assistance "FSPDSME" Project (Pre Finance) | |
Financing for Renewable Energy & Environment Friendly sector under Refinance Scheme of Bangladesh Bank | |
Financing against Scheme of Rifinance for setting up Agro based Product Processing Industries in Rutal Areas under Refinance Scheme of Bangladesh Bank. | |
Credit Card | 20.00% |
Loan under Employees House Building Scheme | As per approval of the Board of Directors of the Bank from time to time. |
Loan under Car Loan Policy for the Executives of the Bank | As per approval of the Board of Directors of the Bank from time to time. |
Factoring | |
Industrial/Manufacturing Project | 10.14% |
Others | 10.14% |
SOD (EMFS) under e tendering | 10.14% |
Other Loans & Advances | 10.14% |
In case of overdue loan/installment (partial/full), maximum 1.50% penal interest to be charged on total outstanding amount of continuous /demand loan and on overdue installment (s) of term loan for the overdue period.
**All the Loans & Advances sanctioned under the refinance scheme of Bangladesh Bank shall be guided by Bangladesh Bank Circulars/lnstructions.
*** Margin Fixed but rate of the interest to be fixed based on interest of financial instruments i.e FDR/Scheme deposit.
All concemed are, therefore, advised to ensure meticulous compliance with the contents of this circular .
Note:
Loan Payable (Per Month) | : 8,561 BDT |
Total Interest Payable | : 2,729 BDT |
Total Payment (Principal + Interest) | : 102,729 BDT |
Currency Exchange Rate