16325

SCHEDULE OF FEES & CHARGES

Credit CardsShikha CardsRetail Financial ServicesCorporate Financial ServicesSME Financial ServicesDigital Payment Charges
Type of Card Classic Mastercard/VISA Card Gold Mastercard/VISA Card Titanium Mastercard/ Platinum VISA
Membership Fee FREE (1st Year) FREE (1st Year) FREE (1st Year)
Renewal Fee BDT 1,000 + VAT BDT 2,000+ VAT BDT 2,500+ VAT
*Renewal Fee Waiver by Transactions 18 NOs 18 NOs 15 NOs
Spouse Card Fee FREE FREE FREE
Supplementary Card Fee FREE FREE FREE
Card Replacement Fee(Any type of replacement except renewal) BDT 500 + VAT BDT 500 + VAT BDT 500 + VAT
PIN Regeneration Fee BDT 100 + VAT BDT 100 + VAT BDT 100 + VAT
Required Minimum Payment 5% of total outstanding or BDT 500 whichever is higher
Payment Due Date As per statement
Interest Free Period Maximum 45 days - Minimum 15 days**
Interest Charge 1.66% per month 1.66% per month 1.66% per month
Cash Advance Limit 50% of Limit 50% of Limit 50% of Limit
Cash Advance Charge 2.5% or BDT 250 whichever is higher
Cash Advance Interest 1.66% per month 1.66% per month 1.66% per month
Fund transfer processing fee for adding money to bKash/ any mobile wallet 1.5 % of total withdrawal amount
Card Cheque Book Issuance Fee BDT 200 for 1st book & onward
Card Cheque Trnx Processing Fee 2% or BDT 250 whichever is higher
BEFTN Trnx Processing Fee (only for Mastercard) 1.5% or BDT 200 whichever is higher
Late Payment Fee BDT 300 +VAT BDT 500 + VAT BDT 500 + VAT
Over Limit Fee BDT 500 + VAT BDT 750 + VAT BDT 1000 + VAT
Cheque Return Fee FREE FREE FREE
Outstation Cheque Collection Fee FREE FREE FREE
Statement Retrieval Fee BDT 100/Statement BDT 100/Statement BDT 100/Statement
e-Statement FREE FREE FREE
CIB Charge BDT 100 +VAT BDT 100 +VAT BDT 100 +VAT
SMS Charge BDT 100 +VAT BDT 100 +VAT BDT 100 +VAT
CreditShield Coverage (Insurance premium) Charge BDT 0.35% BDT 0.35% BDT 0.35%
*** CreditShield coverage
  • 100% outstanding coverage upto credit limits (Permanent Total Disability (PTD), Normal/accidental death).
  • 100% financial benefit for family member upto credit limit (Normal/accidental death).
  • Additional coverage under Accidental Death Insurance Policy.

    • (Subject to provide the supporting documents and fulfill the terms and condition of CreditShield coverage)
*** Accidental death benefit under CreditShield coverage BDT 100,000 BDT 300,000 BDT 500,000
Limit Enhancement Fee BDT 200 + VAT BDT 200 + VAT BDT 200 + VAT
Standing Instruction Service FREE FREE FREE
Sales Slip Retrieval Fee BDT 100/Slip BDT 100/Slip BDT 100/Slip
Legal Charge At actual At actual At actual
Reward Point 1 (one) point for every BDT 50 on POS & e-Commerce transaction only (except add money to mobile wallet)
Cash Back against reward point For VISA Platinum & Mastercard Titanium only ****

Note:
* POS, e-Commerce & Card Cheque transaction only
** Condition apply
*** Benefit under CreditShield coverage only for regular Cardmember
**** For Every 100 points, equivalent BDT 25 will be credited to VISA Platinum & Mastercard Titanium account as per request 15% VAT applicable on all service fees
***** Reward points earned expire at the end of 36 months from the date of transaction unless redeemed earlier.

Type of Card Classic Mastercard Gold Mastercard Mastercard Titanium
Membership Fee FREE (1st Year) FREE (1st Year) FREE (1st Year)
Renewal Fee BDT 800 + VAT BDT 1,000+ VAT BDT 1,000+ VAT
*Renewal Fee Waiver by Transactions 18 NOs 18 NOs 15 NOs
Supplementary Card (Only Woman) FREE FREE FREE
Card Replacement Fee (Any type of replacement except renewal) BDT 500 + VAT BDT 500 + VAT BDT 500 + VAT
PIN Regeneration Fee BDT 100 + VAT BDT 100 + VAT BDT 100 + VAT
Required Minimum Payment 5% of total outstanding or BDT 500 whichever is higher
Payment Due Date As per statement
Interest Free Period Maximum 45 days - Minimum 15 days**
Interest Charge 1.66% per month 1.66% per month 1.66% per month
Cash Advance Limit 50% of Limit 50% of Limit 50% of Limit
Cash Advance Charge 2.5% or BDT 250 whichever is higher
Cash Advance Interest 1.66% per month 1.66% per month 1.66% per month
Fund transfer processing fee for adding money to bKash/ any mobile wallet 1.5 % of total withdrawal amount
Card Cheque Book Issuance Fee BDT 200 for 1st book & onward
Card Cheque Trnx Processing Fee 2% or BDT 250 whichever is higher
BEFTN Trnx Processing Fee (only for Mastercard) 1.5% or BDT 200 whichever is higher
Late Payment Fee BDT 300 +VAT BDT 500 + VAT BDT 500 + VAT
Over Limit Fee BDT 500 + VAT BDT 750 + VAT BDT 1000 + VAT
Cheque Return Fee FREE FREE FREE
Outstation Cheque Collection Fee FREE FREE FREE
Statement Retrieval Fee BDT 100/Statement BDT 100/Statement BDT 100/Statement
e-Statement FREE FREE FREE
CIB Charge BDT 100 +VAT BDT 100 +VAT BDT 100 +VAT
SMS Charge BDT 100 +VAT BDT 100 +VAT BDT 100 +VAT
CreditShield Coverage (Insurance premium) Charge BDT 0.35% BDT 0.35% BDT 0.35%
*** CreditShield coverage
  • 100% outstanding coverage upto credit limits (Permanent Total Disability (PTD), Normal/accidental death).
  • 100% financial benefit for family member upto credit limit (Normal/accidental death).
  • Additional coverage under Accidental Death Insurance Policy.

    • (Subject to provide the supporting documents and fulfill the terms and condition of CreditShield coverage)
*** Accidental death benefit under CreditShield coverage BDT 100,000 BDT 300,000 BDT 500,000
Limit Enhancement Fee BDT 200 + VAT BDT 200 + VAT BDT 200 + VAT
Standing Instruction Service FREE FREE FREE
Sales Slip Retrieval Fee BDT 100/Slip BDT 100/Slip BDT 100/Slip
Legal Charge At actual At actual At actual
Reward Point 1 (one) point for every BDT 50 on POS & e-Commerce transaction only (except add money to mobile wallet)
Cash Back against reward point For All Shikha Cardmembers ****

Note:
* POS, e-Commerce & Card Cheque transaction only
** Condition apply
*** Benefit under CreditShield coverage only for regular Cardmember
**** For Every 100 points, equivalent BDT 25 will be credited to Card account as per request 15% VAT applicable on all service fees

Product Name Cost Head Particulars
Home Loan Loan Processing Fee At actual plus 15% VAT
Documentation fee At actual plus 15% VAT
Early Settlement Fees At actual plus 15% VAT
Penal interest charge 2% Above the lending rate
Other charges for Vetting, Survey, Valuation, Registration, Mortgage, Charge Creation, Hypothecation, Tax & VAT, Redemption Fee, Cancellation of Power fee etc. At actual plus 15% VAT
Personal Loan Documentation Fee/ Processing Fee At actual plus 15% VAT
Early Settlement/Partial Payment Fees At actual plus 15% VAT
Penal interest charge 2% above the nominal rate
Auto Loan / Lease Documentation Fee/ Processing Fee At actual plus 15% VAT
Partial Payment Fees / Early Settlement Fees At actual plus 15% VAT
Penal interest charge 2% above the nominal rate
STL against TDR Documentation Fee/ Processing Fee At actual plus 15% VAT
Early Settlement/ Partial Payment Fees Nil
Penal interest charge 2% above the nominal rate
Product Name Cost Head Particulars
Lease Finance Documentation Fee At actual plus 15% VAT
Loan Processing Fee At actual plus 15% VAT
Early/partial Settlement Fees 2.0% on the outstanding principle amount
Term Finance/Short Term Finance/Working Capital Finance Documentation Fee At actual plus 15% VAT
Loan Processing Fee At actual plus 15% VAT
Early/partial Settlement Fees 2.0% on the outstanding principle amount
Developers Finance Documentation Fee At actual plus 15% VAT
Loan Processing Fee At actual plus 15% VAT
Early Settlement Fees 2.0% on the outstanding principle amount
Syndication Finance Service Charge 2.0% of Deal amount
Factoring Finance Documentation Fee At actual plus 15% VAT
Loan Processing Fee At actual plus 15% VAT
Service Charge 2.0% of bill amount
Product Name Cost Head Particulars
SME Finance Documentation Fee (for Secured and Lease Loan) At actual plus 15% VAT
Documentation Fee (for Unsecured and Partial Secured Loan) Nil
Loan Processing Fee (Secured/Lease/Partial Secured Loan) At actual plus 15% VAT
Loan Processing Fee (for Unsecured Loan) At actual plus 15% VAT
Early/partial Settlement Fees 2.0% on the outstanding principle amount

Credit Card Payment

MFS / DFS Service Charge (%)
Dmoney Free
OK wallet 0.29% (including VAT) and minimum of TK 5
Nagad 0.80% (Including VAT)
iPay Free
Upay
0.80%
AB Direct
 Free
Dhaka Bank GO Free
NexusPay BDT 20 per transaction
Rocket 1.0% of the transaction amount
bKash
(only for VISA card members)		 1.00%
SureCash
Payment through Personal Account
1% or Minimum BDT 4 whichever is higher
Payment through Agent Account
1 - 400 4
401 - 3,000 1%
3,001 - 7,000 30
7,001 - 10,000 50
10,001 - 18,000 90
18,001 - 30,000 100
30,001 - 50,000 150
50,001 - 75,000 200
75,001 - 100,000 300
100,001 and above 400

Deposit Payment

MFS / DFS Service Charge (%)
Dmoney Free
OK wallet 0.29% (including VAT) and minimum of TK 5
Nagad 0.80% (Including VAT)
iPay 0.95% (including VAT)
NexusPay BDT 20 per transaction
Rocket 1.0% of the transaction amount
bKash 1.25%
SureCash
Payment through Personal Account
1% or Minimum BDT 4 whichever is higher
Payment through Agent Account
1 - 400 4
401 - 3,000 1%
3,001 - 7,000 30
7,001 - 10,000 50
10,001 - 18,000 90
18,001 - 30,000 100
30,001 - 50,000 150
50,001 - 75,000 200
75,001 - 100,000 300
100,001 and above 400

Loan Payment

MFS / DFS Service Charge (%)
Nagad 0.80% (Including VAT)
NexusPay BDT 20 per transaction
Rocket 1.0% of the transaction amount
Particulars 2021 2020
Long Term AA3 AA3
Short Term ST-2 ST-2
Outlook Stable Stable

  • AA3

    Very strong capacity
    Very high quality
    Very low credit risk

  • ST-2

    High grade
    Strong capacity
    Commendable liquidity

Rated by Credit Rating Agency of Bangladesh Limited(CRAB)
Based on audited financial statements up to December 31, 2020, unaudited financial statements as of March 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration (July 19, 2021)
Valid up to June 30, 2022

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