Interest Rates

Revised rate will be effective from 25th January 2024

Savings Deposit Rate

Savings 3.00% (for general) (for any amount)

Fixed Deposit Rate ( Individual and recognized Fund )

Period

For Any Amount

1 Month to less less 3 Months

2.50% (For any amount)

3 Months to less than 6 Months

7.50% (For any amount)

100 Days

8.00%

200 Days

9.00%

6 Months to less than 1 Year

8.00% (For any amount)

1 Year

9.00% (For any amount)

2 Year

9.50% (For any amount)

3 Years

10.50%

Fixed Deposit Rate (Other than Individual and recognized Fund)

Period

For Any Amount

1 Month to less less 3 Months

2.50% (For any amount)

3 Months to less than 6 Months

7.50% (For any amount)

100 Days

8.00%

200 Days

9.00%

6 Months to less than 1 Year

8.00% (For any amount)

1 Year

9.00% (For any amount)

2 Year

9.50% (For any amount)

3 Years

10.50%

 

Special Notice Deposit (SND) Account Rates

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%

Masik Munafa Amanat Prokolpo (MMAP) Rates

Tenure Simple Interest Rate Effective Interest Rate
3 years or 5 years 10.67% 11.21%
( Tk.800 per month per Tk.100,000/- After tax )

 

Masik Shanchaya Prokolpo (MSP) Rates

Period

Simple Interest Rate

Effective Interest Rate

1 Years

8.65%

9.00%

3 Years

10.03%

10.50%

5 Years

10.48%

11.00%

8 Years

10.93%

11.50%

10 Years

11.39%

12.00%

 

Mudaraba Mashik Shanchay Prokolpa (MMSP)  

Deposit Product Name Weightage Provisional Profit Rate
Mudaraba Mashik Shanchay Prokolpa (MMSP) 1.10 7.01%

 

Digun Briddhi Amanat Prokolpo (DBAP) Rates

 

Period

Simple Interest Rate

Effective Interest Rate

7 Years

9.95% p.a

10.42% p.a

Troi Masik Munafa Amanat Prokolpo Rates

Tenure Simple Interest Rate Effective Interest Rate
3 years 10.67% 11.10%
( Tk.2,400 per quarter per Tk.100,000/- After tax )

 

Super Munafa Amanat Prokolpo (SMAP) Rates

Super Munafa Amanat Prokolpo (SMAP) Rates

Tenure

Interest Rate

Effective Annual Interest Rate

One year

10.67% p.a.

11.21% p.a.

( Tk.1000 per month per Tk. 1,25,000/- )*

*Net- off tax having valid TIN

 

Non Chequeable Savings Bank Account (NSB A/C) Rates

Non Chequeable Savings

4.50% (1.50% higher than the regular SB rate)

 

Aporajita Masik Munafa Prokolpo Rates

Period

Simple Interest Rate

Effective Interest Rate

3 Years or 5 Years

10.67% p.a

11.21% p.a

3 & 5 years, Tk.800 per month per Tk.100,000/-After tax

 

MBL Bonus Sanchay Hishab Rates

Minimum Balance BDT 10,000.00

3.00% (Interest rate of regular Savings Bank account)

Minimum Balance BDT 50,000.00

4.50% (1.50% higher than regular SB rate)

Minimum Balance BDT 100,000.00

5.00% (2.00% higher than the regular SB rate)

 

Savings Bank Account for MSS Rates

Rate of Interest: 2.00% (1.00% less than the regular SB rate)
 

Poribar Surokkha Amanat Prokolpo (PSAP) Rates

Tenure Simple Interest Rate Effective Interest Rate
2 years or 3 years 10.67% 11.21%
( 2 & 4 years, Tk.800 per month per Tk.100,000/-After tax )

The above revised interest rate will be effective from 25th January, 2024 and shall remain in force until any further instructions.

 effective from  1st March, 2024

Sectors of Business Interest Rate
Agricultural Loans:
Term Loan (Both Short Term & Long Term) 12.11%
Revolving Credit 12.11%
Term Loans:
Term Loans for Industrial/Manufacturing Proiect 13.11%
Other Term Loans 13.11%
Working Capital Financing:
Industrial/Manufacturing Project (Including Cash Incentive & Time Loan 13.11%
Industrial/Manufacturing Project (IDBP) 13.11%
Trade Financing/Business Loans (IDBP) 13.11%
Work Order / Supply Order
Export Loan (PC) 13.11%
Export Loan (ECC) 13.11%
Trade Financing/Business Loans (including Time Loan) 13.11%
Import financing of rice, wheat, edible oil (refined and crude), pulse, peas, onion, dates and sugar 13.11%
Short Term Loan (STL)- (For maximum 06 months) 13.11%
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 13.11%
Addition 1%
Supervision Fee
Others 13.11%
Addition 1%
Supervision Fee
Women Entrepreneurs Development Schema
With BB refinancing As per Bangladesh Bank's directives **
Without BB refinancing
Industrial/Manufacturing Project 13.11%
Addition 1%
Supervision Fee
Others 13.11%
Addition 1%
Supervision Fee
Loans to NBFIs 13.11%
Addition 1%
Supervision Fee
Lease Finance/Hire Purchase
Industrial/Manufacturing Project 13.11%
Addition 1%
Supervision Fee
Others 13.11%
Addition 1%
Supervision Fee
House Building Loan (HBL)
Residential 13.11%
Addition 1%
Supervision Fee
Commercial
Industrial/Manufacturing Project 13.11%
Addition 1%
Supervision Fee
Others 13.11%
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 13.11%, Addition 1% Supervision Fee
SOD/Loans against Shares/Debenture 13.11%, Addition 1% Supervision Fee
Special Credit Schemes
Loans under schemes
i) Doctors' Credit Scheme
Interest Rate 13.11%, Addition 1% Supervision Fee
Loan Processing Fee 1%
ii) Personal Loan Scheme
Interest Rate 13.11%, Addition 1% Supervision Fee
Loan Processing Fee Up to 1% on loan amount
Risk Fund Nil
iii) Car Loan Scheme
Interest Rate 13.11%, Addition 1% Supervision Fee
Loan Processing Fee Up to 1% on loan amount
iv) Home Loan Scheme
Interest Rate 13.11%, Addition 1% Supervision Fee
Loan Processing Fee Up to 1% on loan amount
v) House Furnishing Loan (Consumer Loan Scheme)
Interest Rate 13.11%, Addition 1% Supervision Fee
Loan Processing Fee Up to 1% on loan amount
Risk Fund Nil
vi) Cottage Loan
Interest Rate 13.11%, Addition 1% Supervision Fee
Loan Processing Fee Up to 1% on loan amount
vii) Education Loan
Interest Rate During Moratorium Period 13.11%, Addition 1% Supervision Fee
Interest Rate After Moratorium Period 13.11%, Addition 1% Supervision Fee
viii) Overseas Employment Loan Scheme 13.11%, Addition 1% Supervision Fee
Rural Development Scheme 13.11%, 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 13.11%
Others 13.11%
SOD (EMFS) under e tendering 13.11%
Other Loans & Advances 13.11%

The revised interest/profit rate & Term Loan installment must be informed in written by the branch to the respective customer positively.

The above mentioned revised Interest Rate will be applicable only for fresh/renewal loan and Lending rate those were re-fixed on September 2023.

Interest Rate for the fresh/renewal loan will apply manually by the branches & the Lending rate those were re-fixed on September 2023 will be changed by Information Technology Division.

In case of overdue loan/installment (partia/full), maximum l.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/Instructions.

***Margin Fixed but rate of the interest to be fixed based on interest of financial instruments i.e FDR/Scheme deposit.

All concerned are, therefore, advised to ensure meticulous compliance with the contents of this circular.


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