Bank Note Security Interest Rates Schedule of Charges Unclaimed Deposits NIS Basel III Disclosure Citizen's Charter

    • islamic

    Rate of Profit / Rent for Islamic Investment Facilities

    March 2024 SMART is 10.55%
     

    SL

    Type

    Rate of Profit/ Rent***

    1.

    Agricultural and Rural Finance

    12.55%

    2.

    Term Finance to Industries

    13.55%

    3.

    Working Capital to Industries

    13.55%

    4.

    Lease Finance to Industry

    13.55%

    5.

    Trade Finance for rice, wheat, edible oil, pulse,
    Peas, onion, dates sugar.

    13.55%

    6

    Other Trade Finance

    13.55%

    7

    Export Finance

    12.55%

    8

    Other Commercial Financing

    13.55%

    9

    Housing- Commercial

    13.55%

    10

    Consumer Finance

    -

     

    Personal Finance

    13.55%

     

    Auto Finance

    13.55%

     

    Home Finance

    13.55%

     

    Finance to Professional

    13.55%

    11

    Short Term Finance to Corporate

    13.55%

    12

    Other Medium & Long Term to Corporate

    13.55%

    13

    SME (Small), Micro & Cottage Enterprise*

     

     

    a) Shubidha- Unsecured Trading (Term & Demand)

    13.55%

     

    b) Sristi - Unsecured Manufacturing (Term & Demand)

    13.55%

     

    c) Shofol- Unsecured Service (Term & Demand)

    13.55%

     

    d) Shondhi- Secured Trading (Term & Demand)

    13.55%

     

    f) Sheba Secured Service (Term & Demand)

    13.55%

     

    g) Subarno- Women Entrepreneurs (Term & Demand)

    5.00% fixed

     

    h) Bahon- Commercial Vehicle Finance

    13.55%

     

    i) Uttaran (Secured/ Unsecured Term & Demand)

    13.55%

    SL

    Type

    Rate of Profit/ Rent***

    14

    Following rates are applicable for facilities under other trade finance and
    other commercial finance for amount BDT 30.00 Min. & below.
     

    i)Demand Investment

    13.55%
     

    ii)Term Investment

    13.55%
     

    iii)Lease Finance

    13.55%

    *SUPERVISION CHARGE:

    • *1% supervision charge will be applicable for all CMSME products, Personal Finance and Auto Finance under Consumer Finance products which will be realized as per directive of SMR division of Corporate Office in the line with BRPD Circular # 09, Dt. 19-06-23 and BRPD Circular letter -14, Dt. 18-03-2024.
    • * Any consumer finance proposal below maximum rate, requires corporate office approval.
    • ***Maximum Rate
    • Micro & Cottage Enterprise defined as per Bangladesh Bank circular ref# SMESPD Circular no-02 dt. 05-Sep-2019
    • For Bai Murabaha Muajjal accounts Profit would be recognized at a rate 1.50% over the existing realization rate on outstanding    Principal amount as per prevailing BRPD circular letter #27 dated 27/07/2023 by Bangladesh Bank.

    • The revision of profit rate is applicable for new account and renewal cases. As far as, existing investment accounts are concerned, according to the BRPD Circular-09, dt. 19-06-23, section 5, once the profit rate of any investment account is re-fixed based on SMART, the next revision of profit rate for that account is applicable after 06 months of previous revision.

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