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| "Interest rate in general Banking" |
Interest rate in general Banking in Bangladesh (updated):
Nowadays, we can use different accounts in a Bank, for personal or Business purposes. Bank applies different Interest rates in General Banking as follows-
Note: It is highly recommended to all readers of this article that Bank(BB) may change of interest rate General Banking by SRO /Circular reference by Bangladesh Bank from time to time. Then it Interest rate in General Banking will be an immediate effect from their in-acted date
Interest rate in General Banking (updated)
|
Criteria of Bank Loan |
Charge by B.Bank/SOFR |
Branch Charge |
Total Charges |
Remarks |
|
|
EDF(Export development Fund) |
SOFR-4.39 pa |
1 % pa |
5.39% |
Raw materials purpose |
|
|
OBU(Obshore Banking Unit) |
SOFR RATE (5.4023)(IF) |
3.50 |
8.9023% |
For Capital Machinery |
|
|
IBP(Inland Bill Purchase) |
N/A |
15.50% |
15.50%% |
For Working capital |
|
|
LTR(Loan on trust receipts) |
N/A |
15.50% |
15.50%% |
Spare parts purpose |
|
|
RTR (Revolving)Loan on trust receipts) |
N/A |
15.50% |
15.50%% |
Spare parts purpose |
|
|
CC-Hypo |
N/A |
13% |
13% |
For Working capital |
|
|
Lease Finance |
N/A |
12.13% |
12.13% |
Car-loan |
|
|
Overdue Interest |
Normal charge (13) % |
+2% Extra |
15% |
IBP Loan |
|
|
Salary loan(Personal) |
N/A |
(Personal Loan) |
9.59% |
(Personal Loan) |
|
|
BAIM |
N/A |
15.50 % pa |
15.50% |
Raw materials purpose |
|