Fees & Charge - LankaBangla Finance Limited

FEES & CHARGES

Schedule of Fees & Charges of Credit CardsSchedule of Fees & Charges of Corporate Financial ServicesSchedule of Fees & Charges of SME FinanceSchedule of Fees & Charges of Home Loan, Personal Loan, STL against TDR and Auto Loan

Type of Card	Classic mastercard/VISA Card	Gold mastercard/VISA Card	Titanium mastercard
Membership Fee	FREE	FREE	FREE
*Renewal Fee	BDT 1,000 + VAT 15%	BDT 2,000+ VAT 15%	BDT 2,000+ VAT 15%
Renewal Fee Waiver by Transactions	15 NOs	15 NOs	12 NOs
Spouse Card Fee	FREE	FREE	FREE
Supplementary Card Fee	FREE	FREE	FREE
Card Replacement Fee	BDT 200 + VAT	BDT 300 + VAT	BDT 300 + 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	2.25% per month	2.25% per month	2.25% per month
Cash Advance Limit	50% of Limit	50% of Limit	50% of Limit
Cash Advance Charge	2% or BDT 150 whichever is higher
Cash Advance Interest	2.25% per month	2.25% per month	2.25% per month
Card Cheque Book Issuance Fee	First cheque book free and BDT 100 for 2nd book onward
Card Cheque Trnx Processing Fee	1.5% or BDT 200 whichever is higher
Late Payment Fee	BDT 300 +VAT	BDT 500 + VAT	BDT 500 + VAT
Over Limit Fee	BDT 300 + VAT	BDT 500 + VAT	BDT 500 + 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	FREE	FREE	FREE
CreditShield Coverage (Insurance premium) Charge	BDT 0.33%	BDT 0.33%	BDT 0.33%
*** 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
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
Cash Back against reward point	For Titanium Mastercard 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 Titanium Mastercard account as per request 15% VAT applicable on all service fees

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Product Name	Cost Head	Minimum	Maximum
Lease Finance	Documentation Fee	BDT 1,000/-	0.5% of the finance amount or BDT 200,000/- whichever is lower
	Loan Processing Fee	BDT 1,000/-	0.5% of the finance amount.
	Early/partial Settlement Fees	0.5% on the outstanding principle amount, subject minimum of BDT 5,000/-	2.0% on the outstanding principle amount
Term Finance/Short Term Finance/Working Capital Finance	Documentation Fee	BDT 1,000/-	0.5% of the finance amount or BDT 200,000/- whichever is lower
	Loan Processing Fee	BDT 1,000/-	0.5% of the finance amount.
	Early/partial Settlement Fees	0.5% on the outstanding principle amount, subject minimum of BDT 5,000/-	2.0% on the outstanding principle amount
Developers Finance	Documentation Fee	BDT 5,000/-	0.5% of the finance amount or BDT 200,000/- whichever is lower.
	Loan Processing Fee	BDT 5,000/-	0.5% of the finance amount.
	Early Settlement Fees	0.5% on the outstanding principle amount, subject to a minimum of Tk. 5,000/-.	2.0% on the outstanding principle amount.
Syndication Finance	Service Charge	0.1% of Deal amount	2.0% of Deal amount
Factoring Finance	Documentation Fee	BDT 5,000/-	0.5% of the finance amount or BDT 200,000/- whichever is lower
	Loan Processing Fee	BDT 5,000/-	0.5% of the finance amount.
	Service Charge	0.05% of bill amount	2% of bill amount

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Product Name	Cost Head	Minimum	Maximum
SME Finance	Documentation Fee	BDT 5,000/- For unsecured/partial secured loan documentation fee nil	0.25% up to 0.5% of the finance amount or BDT 200,000/- whichever is lower for Mortgage loan. For unsecured/partial secured loan documentation fee nil
	Loan Processing Fee	BDT 5,000/-	0.25% up to 1% or BDT 200,000/- whichever is lower of the finance amount Unsecured /partial secured /Mortgage loan.
	Early Settlement Fees	2% on the outstanding principal amount before 1 year Settlement	1% on the outstanding principal amount after 1 year Settlement

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Product Name	Cost Head	Minimum	Maximum
Home Loan	Loan Processing Fee	0.25% of the loan amount subject to a minimum of Tk.3,750 plus 15% VAT	0.50% of loan amount but not exceed Tk.200,000 plus 15% VAT
	Documentation fee	0.25% of the disbursement amount subject to a minimum of Tk.3,750 plus VAT	0.50% of loan amount but not exceed Tk.200,000 plus 15% VAT
	Early Settlement Fees	0.5% on the outstanding principal/early settlement amount, subject to a minimum of Tk. 5,000 plus 15% VAT	2.0% on the outstanding principal/ early settlement amount plus 15% VAT
	Penal interest charge	2% Above the lending rate	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
Personal Loan	Documentation fee	0.25% on approved amount but not less than BDT 1,500 plus 15% VAT	0.5% on approved amount plus 15% VAT
	Processing Fee	0.25% on approved amount but not less than BDT 1,500 plus 15% VAT	0.5% on approved amount plus 15% VAT
	Documentation fee Land Lord/Land Lady	0.25% on approved amount but not less than BDT 2,500 on Loan amount plus 15% VAT	0.75% on the prepayment amount plus 15% VAT
	Processing Fee for Land Lord/Land Lady	0.25% on approved amount but not less than BDT 2,500 on Loan amount plus 15% VAT	0.75% on the prepayment amount plus 15% VAT
	Early Settlement Fees	1% on the prepayment amount plus 15% VAT	2% on the prepayment amount plus 15% VAT
	Penal interest charge	2% Above the nominal rate
Personal Loan for Businessman (BONIK)	Documentation fee	2.00% on approved loan amount plus 15% VAT but not less than BDT 5,750 (including VAT 15%)
	Processing Fee	2.00% on approved loan amount plus 15% VAT but not less than BDT 5,750 (including VAT 15%)
	Early Settlement/Partial Prepayment Fee	Early Settlement/Partial Prepayment Fee 2.0% on the prepayment amount (Plus 15% VAT)
	Penal interest charge	2.0% p.a. above the lending rate to be calculated on the overdue amount on daily basis.
STL against TDR	Documentation Fee /Processing Fee	Maximum Tk. 1,000 plus 15% VAT
	Early Settlement Fees	Nil	Nil
	Penal interest charge	2% Above the nominal rate
Auto Loan	Loan Processing Fee	0.25% of loan amount plus 15% VAT	0.50% of loan amount plus 15% VAT
	Documentation fee	0.25% of loan amount plus 15% VAT	0.50% of loan amount plus 15% VAT
	Early Settlement Fees	2.0% on the outstanding principle amount plus 15% VAT
	Penal interest charge	2% Above the nominal rate
	Transfer Price	Tk. 5,000
Other charges for registration, Insurance, Tax & VAT, etc.		At actual for all products

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