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Your BUSINESS

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SME FINANCING

OVERVIEW

With a vision to take banking solutions to the ‘unbanked’ small and medium enterprises (SME) BRAC Bank Limited, commenced its journey as a scheduled commercial bank in 2001. Taking inspiration from its parent organization, BRAC, the world’s largest NGO, BRAC Bank introduced small ticket loans to bring the grassroots entrepreneurs under the umbrella of formal banking. World Bank Group’s IFC and Netherlands-based FMO are major partners of BRAC Bank in offshore banking and SME financing. BRAC Bank is the only active member of Global Banking Alliance for Banking on Values (GABV) from Bangladesh, an international platform for sustainable and responsible banking practices. Governance, compliance, ethics, transparency and accountability are the cornerstones of the bank’s banking model. Today, BRAC Bank is the first Bangladeshi bank that has crossed USD 1 billion market capitalization. The banking model of BRAC Bank is firmly built on three steadfast pillars of People-Planet-Profit. Our business operation is thoroughly aligned with the Sustainable Development Goals, an ambition that is also our national priority. BRAC Bank’s unique SME Banking services and products provide access to finance to the cottage, micro and small enterprises that were previously left out from the traditional commercial banking system. We have the highest rural penetration with 75% of our total Small Business loans going to the rural areas. BRAC Bank is the largest financier of collateral free loan in the country with 50% market share in this segment. Impact Measurement Study on SME financing revealed that the bank had created more than 1.5 million new employments in the course of its Small Business Financing and played a pivotal role to the improvement of the standard of living of the borrowers. Since its inception in 2001, the bank has disbursed more than USD 5 billion to more than 650,000 SME entrepreneurs across the country and has contributed significantly, to the socio economic development of Bangladesh.

As Bangladesh graduates to a developing country, BRAC Bank’s Women’s Banking Solutions, TARA, aims play a significant role in bringing women into the mainstream financial system. TARA already has 2,900 women SME business customers and more than 200,000 deposit customers. BRAC Bank’s subsidiary, bKash Limited, takes financial services to 30 million people providing money transfer, transactional and micro-saving services with its presence in each and every village of the country As a values-based bank, our investment propositions are steered in consideration with the impacts of our footprint in the community, environment as well as on the well-being of the surrounding. As a result, we strongly advocate gender parity, financial inclusion, environment-friendly investment/services, women empowerment through diverse networks. These values are intricately embedded into the DNA of our operations. Not only do we facilitate and promote sustainability but we also discourage financing business activities that pose a significant threat to the environment and society as a whole. Which is why we have no appetite for industries such as shipbuilding, tobacco and environmentally harmful business like tanneries and brick manufacturing sector.

Loan products

UNSECURED LOAN

ANONNO

Anonno SME loan is an unsecured monthly installment loan facility to take care of all your business expansion needs.

Features:

Loan amount ranging from 4 -50 Lacs based on business requirement
Completely unsecured loan
No mortgage required
Easy installment process
Single Installment Loans can be availed by business with seasonal variation
Efficient, effective & hassle free loan processing
No processing fee

Eligibility:

Business with a valid trade license which has been operating for at least 2 years (for loans up to 35 lacs) & at least 3 or more years (for loans more than 35 lacs)
Business that generates sufficient cash flow and profit to ensure timely repayment of loan

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

DRUTI

DRUTI is a unsecured loan facility for CMS enterprises (defined as per Bangladesh Bank SMESF Circular 2, 2019) involved in CMS sized trading, manufacturing, service, agriculture, farm rural activities, agro-based industries, and many other acceptable sectors.

Features:

Loan amount up to BDT 15 Lacs based on business requirement
Completely unsecured loan
Term Loan & SIL
Efficient, effective & hassle free loan processing

Eligibility:

Minimum 2 years' experience in same line of business as an entrepreneur & 1 year for women entrepreneurs
Sole proprietorship & Partnership Business
Business that generates sufficient cash flow and profit to ensure timely repayment of loan

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

SECURED LOAN

APURBO SME LOAN

APURBO loan facility is the perfect choice for an emerging entrepreneur looking for a large loan to meet his business needs and has viable security to offer.

Facilities:

Term loan for business expansion
Overdraft & Revolving Loan for working capital needs
Single Installment Loans can be availed by business with seasonal variation
Bank guarantee for various purposes

Features:

Easy and hassle free documentation
Loan amount from BDT 25 Lac to 5 Crore depending on business needs
Easy installment and overdraft facility
No processing fee

Eligibility:

Business with a valid trade license which has been operating for at least 3 or more years
Business that generates sufficient cash flow and profit to ensure timely repayment of loan
Ownership of land, property or building

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

SHOMRIDDHI SME LOAN

SHOMRIDDHI loan facility caters to meet the import-export related expenses, post import expenses, tax/duty payment, local bill purchase, working capital, and fixed asset finance starting from BDT 10 Lac to any amount depending on business needs. A dedicated relationship manager is assigned to the customer as well.

Facilities:

Letter of Credit (LC) and Loan against Trust Receipt (LATR)
- LC opening facility: from BDT 10 Lac to any amount depending on business needs
- UPAS LC facility
- Up to 90% loan against LC
- Favorable LC term and exchange rate

Revolving Loan and Overdraft
- Import duty payment or goods purchase facility

Inland Bill Purchase
- Purchase accepted bills against local/ foreign LCs issued by other favorable banks
- Discount up to 90% of accepted LC

Term Loan
- Subsequent term loan to retire documents for machineries LC

Bank Guarantee
- To participate in different tenders or to provide security in favor of different organizations and institutions

Features:

Easy and hassle free documentation
Loan starts from BDT 5 Lac to 25 Crore depending on the facility type & business needs
Fast transaction time

Eligibility:

Business with a valid trade license which has been operating for at least 3 or more years
Business that generates sufficient cash flow and profit to ensure timely repayment of loan
Sole proprietorship, Partnership or Private Limited Company
Updated IRC/ERC

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

Women Entrepreneur Loan

TARA Uddokta SME Loan

What is TARA ?
TARA is a 360 degree banking solution for aspiring women entrepreneur offering a range of loan solutions that meet the lifestyle requirements of women in different segments - business expansion, fixed asset purchase, working capital, commercial vehicle purchase, import and export financing.

Features of TARA

Loan amount starts from BDT 4 lac and goes up to any amount depending on business needs
Interest Rate: 7% (up to BDT 50 lac)
No processing fees.
Unsecured loan up to BDT 1.5 crore
Dedicated TARA SME desks in all branches across Bangladesh for personalized support
Exclusive discount offers from lifestyle, restaurants and health partners
Networking and capacity development events exclusively designed for TARA customers

Am I Eligible?

You will be eligible for availing TARA SME Loan if your business meets the following criteria:

Your business must have a valid trade license and has been operating for at least 1 or more years
It must generate sufficient cash flow and profit to ensure timely repayment of loan
Your business must be sole proprietorship, partnership or private limited company in nature

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

Commercial Housing Loan

NIRMAN SME LOAN

NIRMAN is a loan facility for construction and/or renovation of residential facility and/or commercial complex for rental purpose under Equated Monthly Installment (EMI) loan facility.

Features:

Installment based loan for semi pacca building or multistoried building construction
Loan ranging from BDT 5 Lac to according to 5 Crore
Long repayment periods
For semi pacca building tenor upto 60 months and for multistoried building tenor upto 120 months
No processing fee

Eligibility:

Business with a valid trade license which has been operating for at least 1 or more years
Business that generates sufficient cash flow and profit to ensure timely repayment of loan
Sole proprietorship, Partnership or Private Limited Company

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

Commercial VEHICLE Loan

BAHON SME LOAN

BAHON is the tailored loan product that is offered to purchase new or reconditioned vehicle(s) for business use.

Features:

Installment based loan to purchase commercial vehicle You can avail this loan for the purchase of Mini Truck, Covered Van, Pickup Van, Cargo, Prime Mover, Trailer, Tank Lorry, Dump Truck, Ready Mixer, Sedan, SUV or passenger bus/costar for your business needs.

Easy loan processing
Competitive interest rates
Loan ranging from BDT 5 Lac to 5 Crore
No processing fee

Eligibility:

Business with a valid trade license which has been operating for at least 2 or more years
Business that generates sufficient cash flow and profit to ensure timely repayment of loan
One must be in the same line of business for at least 2 years to avail this loan

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

SECURED CONVENIENCE LOAN

SHOHOJ SME LOAN

Shohoj is a loan facility for any small and medium business concern that has a Fixed Deposit (FDR), Deposit Pension/Premium Scheme (DPS) and Wage Earners Development Bond (WEDB).

Features:

Up to 90% loan against deposit
Easy and quick loan processing
Easy installment
Overdraft facility for cash emergency
No processing fee

Eligibility:

Business with a valid trade license which has been operating for at least 1 or more years
Business that generates sufficient cash flow and profit to ensure timely repayment of loan
Sole proprietorship, Partnership or Private Limited Company

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

TAILOR MADE LOAN

PRABARTAN:

PRABARTAN is a loan facility for Cottage, Micro, Small and Medium enterprise businesses operating in the digital platform of the industry ranging from e-commerce to f-commerce.

Features:

Easy loan processing
Both secured & unsecured loans offered
Loan ranging from 1 Lac to 5 Crore depending on the facility type and business needs
Competitive interest rates

Eligibility:

Sole proprietorship, Partnership or Private Limited Company
One must be in the same line of business for at least 1 year to avail this loan
Business should be located in Dhaka, Chattogram or any other major metropolitan cities of the country
Age limit: 18-50 years

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

KURI:

BRAC Bank KURI is a term loan facility for small scale tea growers in Bangladesh mostly located at North Bengal regions.

Features:

Term Loan or Single Payment Loan facility for business expansion and agricultural production
Loan limit: 3 Lac to 25 Lac
Competitive interest rates of unsecured loan

Eligibility:

Sole proprietorship, Partnership or Private Limited Company
Client must have 3 years old tea plantation ( New trade license is allowed)
Age limit: 21 to 70 Years

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

Supply Chain Finance

Supply Chain Finance (SCF) helps free up cash trapped in supply chain process for both suppliers and distributors. Brac Bank Ltd offers SCF programs for two products:

Supplier Financing,
Distributor Financing

Supplier Financing

Supplier financing is an Overdraft facility for the suppliers of different corporates and Multinational Companies. BRAC Bank’s customer (existing/ new) who supplies goods & services to desired large corporations and will seek early payment from Bank against PO / Invoices / Bills payables by Large Corporation.

Reduced cost of working capital
Flexibility of accelerating cash flows.
Transactions through Sophisticated Digital Platform.
Reduce hassles for loan repayment.
Zero delays in receipt of payment.
Financing without collateral.
Easy Onboarding Process.
Lowest Market rate

Eligibility:

Suppliers of large corporations.
Payment Confirmation from buyers
Sole proprietorship, Partnership or Private Limited Company.
Minimum 6 months of supplying track record.
Minimum 1 year of business experience.
Age limit: 18-70 years

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

Distributor Financing

Distributor Financing is a Non- Chqable Overdraft facility for the Distributors large corporations inside Bangladesh. BRAC Bank’s customer (existing/new) who purchases goods & services for desired large corporations to distribute / sale those products to retailers and seeks advance payment from Bank for procuring products of the desired large corporation.

Features:

Reduced cost of working capital
Flexibility of accelerated cash flows.
Transactions through Sophisticated Digital Platform.
Direct payment to the company.
Reduce hassles for loan repayment.
Zero delays in receipt of payment.
Easy On boarding process.
Lowest Market rates.

Eligibility:

Distributor / Dealer of large corporations.
Sole proprietorship, Partnership or Private Limited Company.
Minimum 6 months of supplying track record.
Minimum 2 years of business experience.
Age limit: 18-70 years

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

Cluster Financing:

Cluster financing is a well-known concept for promoting economic progress and sustainability. In Bangladesh, SMEs remain isolated, which means they have to face different challenges individually and their demands remain unmet. Cluster Financing will help the SMEs build their capacity to respond strongly to competitive pressure and mobilize different supporting functions such as addressing financing needs, technological developments, expansion, business innovation, working closely as a backward linkage with large corporations, and building capacity to expand local and international markets.

The clusters are represented by a large number of CMSMEs (minimum 50 similar business institutions / initiatives) engaged in manufacturing or service and positioned within a 5 kilometer radius. BRAC Bank, as a leading bank serving SMEs, is always prioritizing cluster financing, which has helped the cluster participants expand their business volumes.

Prioritized Clusters for SME Financing:

Apart from the above, we are always welcoming any association that represents clusters (as defined above) to avail of financing support under the Cluster Financing Policy of the bank.

Facilities:

Mortgage Free Quick Financing
Accessibility to get finance under all existing products
Need based financing and market linkage services

Eligibility Criteria:

Sole Proprietorship/ Partnership/ Private Limited Company.
The business initiative must fall under the CMSME categorization
The business initiative must be engaged in manufacturing sector or service sector
Business must be located in an area where 50 or more similar business is performing within 50 Kilometer radius.
The entrepreneurs/ enterprise shall be a member of the Association in the Cluster (subject to availability & applicability)
Businessmen having a relevant training of minimum 1 month in his/her respective field from any Government or renowned Non-government Institution will get priority regarding receiving a loan
Woman business owners & business owners with special needs of respective clusters will get priority regarding receiving a loan.

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

STARTUP BUILDER

An unique financing proposition for business entities that are incorporated or registered in Bangladesh; working towards innovation, development, deployment or commercialization of new products, processes or services driven by technology or intellectual property (not limited to patents, trademarks, copyrights, industrial design & trade secrets etc.).

Eligibility Criteria:

Owner Age: Minimum 21 years– Maximum 45 years (Supported by NID)
Nationality of the key person(s): Bangladeshi by Birth
Business model is proven in market
Business operation has established revenue flow
Further development of product/ service ongoing (if applicable)
Not applicable for Start-ups which deals or uses any kind of crypto-currencies or any form of alternative tender money

Features:

Loan amount from BDT 5 lac to BDT 5 crore based on business requirement, in Term Loan & Overdraft format
Loan amount up to BDT 1 crore can be provided without mortgage
Exclusive interest rate to eligible prospects as per Bangladesh Bank Startup Financing Policy

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

BRAC Bank- SHABOLOMBI

Special loan facility for families of remittance fighters

What do you get in "Shabolombi"?

Loan facility from Tk 2 Lakh to Tk 30 Lakh within a period of 12 months to 36 months

Eligibility of Remittance Earner:

Visa valid for 12 months
12 months valid work permit
Remittance flow for 6 months through legitimate channels
Monthly remittance flow of minimum Rs.30,000/-
The tenure of the loan will be up to the validity of the visa/work permit

If you are interested in availing the loan facility, fill the following section-

Your Name: *

Mobile Number: *

Full address: *

Nearest BRAC Bank Branch: *

DEPOSIT PRODUCTS

PRAPTI CURRENT ACCOUNT

Prapti is an interest generating current account for SME business owners. This business account provides interest on daily balance and allows easy transaction through the widespread distribution network of BRAC Bank.

Eligibility

Any kind of Bangladeshi organization (such as sole proprietorship, partnership, private limited company, educational institution, NGO/Project, Co-operative society and so forth)

SPECIALTY OF PRAPTI CURRENT ACCOUNT

Provides interest on daily balance
Account can be opened with only BDT 5,000
Account statement delivered to you every 6 months
Internet banking, SMS banking and debit card facility available
Allows easy transaction with the widespread distribution network of BRAC Bank

FEES AND CHARGES

Half Yearly Account Maintenance Fee BDT 300(+VAT)
Half Yearly Account Maintenance Fee BDT 300(+VAT)
Annual debit card fee of BDT 600 (+VAT) applicable and for female account holders TARA business debit card annual fee is BDT 500 (+VAT)
First Cheque Book Issuance Fee (25 pages) is BDT 250(+VAT)
From second month, 25 page free cheque book provided if average balance BDT 100,000 or more is maintained in last month
SMS Banking fee BDT 300(+VAT)
Inter-City Charge applicable as per schedule of charges
Excise Duty as per schedule Government regulation

**For more details on Fees & Charges, please download Schedule of Charges SME Deposit

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

SHADHIN CURRENT ACCOUNT

Shadhin Current Account is a "no fee, no interest" account for your business. All banking related charges are waived in this account upon maintaining a minimum monthly average balance.

ELIGIBILITY

Any Bangladeshi organization (such as sole proprietorship, partnership, private limited company, educational institution, NGO/Project, Co-operative society and so forth)

SPECIALTY OF SHADHIN CURRENT ACCOUNT

The minimum balance for account opening is only BDT 1,000
Half yearly account maintenance fee, debit card fee and cheque book fee are waived upon maintaining a monthly average balance of BDT 25,000 or more
No intercity charge on deposit of any amount and withdrawal of up to below BDT 100,000
Free SMS banking, internet banking and e-statement

FEES & CHARGES

Half Yearly Account Maintenance Fee is BDT 300 (+VAT) if half yearly average balance of BDT 25,000 is not maintained
No debit card issuance fee
First Cheque Book Issuance Fee (25 pages) is BDT 250(+VAT)
Excise Duty as per schedule Government regulation

**For more details on Fees & Charges, please download Schedule of Charges SME Deposit

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

PROTHOM ACCOUNT

Prothom Account is new retail account for SME Entrepreneurs. It is an interest bearing current account that can be opened by any male individual who is currently owner of a new business, online business or small business without any trade license.

Eligibility

Any Bangladeshi male SME business owner
Sole Proprietorship, Partnership, Private Limited Company, Educational Institution, NGO, Project, Co-operative society
Age limit from 18 to 65 years

SPECIALTY OF PROTHOM ACCOUNT:

This is an interest bearing personal current account
No minimum balance required to open the account
Free issuance of debit card with account opening
Special discount on NPSB charge in case of cash withdrawal from other bank ATM with debit card
Free SMS and internet banking

FEES & CHARGES:

No Half yearly account maintenance fee
Debit Card Annual Fee is waived if average annual balance of BDT 10,000 is maintained
Free SMS Banking & Internet banking
Charge applicable on all cheque books at the rate of BDT 10(+VAT) per leaf
Intercity charge as per schedule

**For more details on Fees & Charges, please download Schedule of Charges SME Deposit

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

SHONCHOY SME DEPOSIT

BRAC Bank introduces "Shonchoy – Monthly Deposit Scheme" for all its SME clients. It will allow your organization to save on a monthly basis as per your organization’s requirement and get a handsome return at maturity.

Eligibility

Any kind of Bangladeshi organization (such as sole proprietorship, partnership, private limited company, educational institution, NGO/Project, Co-operative society and so forth)

SPECIALTY OF SHONCHOY SME DEPOSIT

Monthly installment starts with only BDT 500
Tenor from 1 year to 10 years
No fees applicable on early encashment (<90 days)
No fees except govt excise duty on interest earned applicable

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

PRACHURJO FIXED DEPOSIT

"Prachurjo" is a lucrative fixed deposit for small and medium businesses. With a minimum 1,00,000 TK, any business enterprise having valid trade license can open this account.

Eligibility

Any kind of Bangladeshi organization (such as sole proprietorship, partnership, private limited company, educational institution, NGO/Project, Co-operative society and so forth)

SPECIALTY OF PRACHURJO FIXED DEPOSIT

Loan and overdraft facility available against FDR
No fees applicable on early encashment (<90 days)
No fees except govt excise duty on interest earned applicable
FD can be opened with only BDT 100,000

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

SME WOMEN ENTREPRENEUR LOAN

TARA UDDOKTA SME LOAN

TARA is a 360 degree banking solution for aspiring women entrepreneur offering a range of loan solutions that meet the lifestyle requirements of women in different segments - business expansion, fixed asset purchase, working capital, commercial vehicle purchase, import and export financing.

Features:

Loan amount starts from BDT 4 lac and goes up to any amount depending on business needs
Interest Rate: 4% (up to BDT 50 lac)
No processing fees.
Unsecured loan up to BDT 1.5 crore
Dedicated TARA SME desks in all branches across Bangladesh for personalized support
Exclusive discount offers from lifestyle, restaurants and health partners
Networking and capacity development events exclusively designed for TARA customers

Eligibility:

Business with a valid trade license which has been operating for at least 1 or more years
Business that generates sufficient cash flow and profit to ensure timely repayment of loan
Sole proprietorship, Partnership or Private Limited Company

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

TARA UDDOKTA:

TARA Uddokta is an interest generating current account specially designed for Women Entrepreneurs. Along with reduced fees and charges, this business account offers a high interest rate, exclusive cash back offers and special pricing on insurance product. TARA Uddokta Account holders are also eligible for several non-financial value added services.

ELIGIBILITY

Sole proprietorship, Partnership, Private Limited Company, Educational Institution, NGO/ Project, Co-operative society
At least 51% ownership belonging to female.

SPECIALTY OF TARA UDDOKTA ACCOUNT:

Account opening with only BDT 1,000
Highest interest generating current account in the market
Special Merchant Service Rate on POS machine
Zero intercity charge
Free issuance of debit card
Health insurance package with exclusive pricing
Cash back of up to BDT 500 on first purchase with debit card
Welcome vouchers from lifestyle brands with debit card
Assistance with legal document preparation and renewal
Training and knowledge sharing programs
Brand and product promotion through networking events

FEES & CHARGES:

Half yearly account maintenance fee BDT 300(+VAT)
First cheque book (25 pages) Up to BDT 250(+VAT)
From second month, 25 page free cheque book provided if average balance BDT 50,000 or more is maintained in last month
 SMS Banking fee BDT 300(+VAT)

**For more details on Fees & Charges, please download Schedule of Charges SME Deposit

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

TARA Prothom Account

ELIGIBILITY

Any Bangladeshi male SME business owner
Sole Proprietorship, Partnership, Private Limited Company, Educational Institution, NGO, Project, Co-operative society
Age limit from 18 to 65 years

SPECIALTY OF PROTHOM ACCOUNT:

This is an interest bearing personal current account
No trade license is required for account opening
No minimum balance required to open the account
Free issuance of debit card with account opening
Special discount on NPSB charge in case of cash withdrawal from other bank ATM with debit card
Free SMS and internet banking

FEES & CHARGES:

No Half yearly account maintenance fee
Debit Card Annual Fee is waived if average annual balance of BDT 10,000 is maintained
Free SMS Banking & Internet banking
Charge applicable on all cheque books at the rate of BDT 10(+VAT) per leaf
Intercity charge as per schedule

**For more details on Fees & Charges, please download Schedule of Charges SME Deposit

Enquiry
Please call our 24 hours call center 16221 or e-mail us at

TARA PROTHOM ACCOUNT:

TARA Prothom Account is new retail account for female SME Entrepreneurs It is an interest bearing current account by a female owner of a new business, online business or small business. This account can be opened without any trade license.

ELIGIBILITY

Any Bangladeshi female SME business owner
Sole proprietorship, Partnership, Private Limited Company, Educational Institution, NGO/ Project, Co-operative society
Age limit from 18 to 65 years

SPECIALTY OF TARA PROTHOM ACCOUNT:

This is an interest bearing personal current account
No trade license is required for account opening
No minimum balance required to open the account
Free issuance of debit card with account opening
Special discount on NPSB charge in case of cash withdrawal from other bank ATM with debit card
Free SMS and internet banking

FEES & CHARGES:

No Half yearly account maintenance fee
No annual fee for debit card if annual average balance is maintained BDT 10,000 or more
Free SMS Banking & Internet Banking
Charge applicable on all cheque books at the rate of BDT 10(+VAT) per leaf
Intercity charge as per schedule

**For more details on Fees & Charges, please download Schedule of Charges SME Deposit

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

TARA SHONCHOY MONTHLY DEPOSIT:

BRAC Bank introduces "TARA Shonchoy – Monthly Deposit Scheme" for women entrepreneurs. It will allow your organization to save on a monthly basis as per your organization’s requirement and get a handsome return at maturity.

ELIGIBILITY

Any women owned businesses
In case of partnership or private limited company, majority shareholder has to be women

SPECIALTY OF TARA SHONCHOY MONTHLY DEPOSIT:

Most competitive interest rate in industry
Monthly installment starts with only BDT 500
Loan and overdraft facility on savings amount is available
Tenor from 1 year to 10 years
No fees applicable on early encashment (<90 days)
Govt excise duty will be applicable
AIT on interest earned applicable

Enquiry
Please call our 24 hours call center 16221 or e-mail us at [email protected]

Currency	Buying	Selling
USD	104.0000	107.7500
EUR	113.3288	121.4583
GBP	128.0760	137.2049

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