Commercial Lending :
Lending rate has been shown in the following table where fixed rate (Bangladesh bank instructed rate) and mid-rate are given. Bank may re-fix ±1.50 over the mid rate considering the risk involvement. These rates are effective from January 01, 2010.
| SL | Particulars | Fixed Rate | Mid Rate |
|---|---|---|---|
| 01 | Commercial Lending (Cash Credit, Hire Purchase, PAD, TR, IBP etc.) | 13.00% | -- |
| 02 | Commercial Lending (Food Grain) | 12.00% | -- |
1.00% additional interest rate will be charged for default in payment/ adjustment. All other charges, commissions and fees shall remain unchanged.
