Bangladesh Bank has started Base rate linked pricing system of Loans and Advance through the issuance of DFIM Circular No: 6 “Guidelines on the Base Rate System for Non-Bank Financial Institutions” dated August 20, 2013. Base rate is the minimum rate below which it is not viable for a Financial institution to lend. As per the Base Rate Guideline lending rate would be determined adding borrower specific charges e.g product specific operating costs, risk premium and tenor premium to Base rate. The determination and application of this Base Rate is in accordance with the Base Rate Guidelines of Bangladesh Bank and duly exhibited at all branches of the LankaBangla Finance PLC.
Customer may contact with their respective Relationship Mananger for any further information/query in this regard.