Interest Rate on Loan w.e.f. May 14, 2024

Products Interest rate
Mid Rate Range
1) Agriculture (As per Bangladesh Bank Directives) 12.55% 12.55%
2) Export (Pre-shipment Credit) 12.55% 12.55%
3) Large and medium scale industries (Term)
SC-1. Manufacturing 14.50% 13.50%-15.50%
SC-2. Other than Manufacturing 14.50% 13.50%-15.50%
4) Small Industries (Term Loan)
SC-1. Manufacturing 14.50% 13.50%-15.50%
SC-2. Other than Manufacturing 14.00% 13.00%-15.00%
5) Working Capital
SC-1. Manufacturing Concern
a) Large and medium scale industries 14.50% 13.50%-15.50%
b) Small Industries 14.00% 13.00%-15.00%
SC-2. Other than Manufacturing Concern
a) Large and medium scale industries 14.50% 13.50%-15.50%
b) Small Industries 14.50% 13.50%-15.50%
6) Commercial lending
a) Large and medium scale enterprise 14.50% 13.50%-15.50%
b) Small enterprise 14.50% 13.50%-15.50%
7) Trade Finance
a) Large and medium scale enterprise 14.50% 13.50%-15.50%
b) Small enterprise 14.50% 13.50%-15.50%
8) Housing Loans 15.00% 14.00%-16.00%
9) Consumer credit 15.00% 14.00%-16.00%
10) Credit Card
Interest Rate for Cash and Retail Purchase 20.00% 20.00%
Interest Rate for Balance Transfer 20.00% 20.00%
Interest Rate for Installment Loan in Credit Cards 20.00% 20.00%
11) Finance to NBFI's 14.50% 13.50%-15.50%
12) Others
i) Cash collateral- ABBL FDR/DDS/MSDS( Maximum 90.00%) - ABBL MIDS( Maximum 80.00%) - Instrument Rate
+
2.00%-3.00% spread
ii) Cash Collateral - Other Banks FDR/Scheme Deposit/ WDB/USD Premium Bond/ USD Investment Bond 14.50% 13.50%-15.50%
iii) Women Entrepreneur upto Tk 50.00 lac
a) Medium Enterprise 13.55% 12.55%-14.55%
b) Cottage, Micro & Small Enterprise 13.55% 12.55%-14.55%
iv) Special Scheme Loans -SME 14.50% 13.50%-15.50%
v) Auto Loan 14.50% 13.50%-15.50%

Notes

Proposed Interest Rate is variable and compounding with quarterly rests (annually rest for Agri credit) which may be revised in every 3 months interval during the tenure of the loan and it is need to be mentioned in the sanction letters.