GROW

Your BUSINESS

With Our Quick & Simplified

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

What is ANONNO SME loan?

"ANONNO SME loan is an unsecured monthly installment loan facility for CMSMEs involved in trading, manufacturing, service, agriculture, agro-based industries, and many other acceptable sectors spread all over Bangladesh.
The product offers term loan or single payment loan facility for the purpose of business expansion, working capital finance, fixed asset purchase, advance payments and agriculture production/trading. "

Features:

Loan amount ranging from 4 Lacs to below 50 Lacs based on business requirement
Completely mortgage free loan
Both Unsecured & Partially Secured facility available
Re-finance and pre-finance facility available upon eligibility and availability
Easy installment process
Single Installment Loans can be availed by business with seasonal variation

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
Ownership of land, property or building

Enquiry:
Please call our 24 hours call center 16221 or e-mail us at enquiry@bracbank.com

ANONNO PLUS:

What is ANONNO PLUS SME loan?

ANONNO PLUS (Anonno+) is a Unsecured and Partial Secured Term Loan facility for small and medium sized trading, manufacturing, service, agriculture, agro-based industries,and many other acceptable sectors spread all over Bangladesh

Features:

Loan amount ranging from 50 Lacs-1.5 Crores based on business requirement
Unsecured and Partial Secured Term Loan
No mortgage required
Easy installment process
Single Installment Loans can be availed by business with seasonal variation

Eligibility:

Minimum 5 years’ business experience in same line of business as an entrepreneur
Business that generates sufficient cash flow and profit to ensure timely repayment of loan
Sole Proprietorship/Partnership/Private Limited Company

Enquiry:
Please call our 24 hours call center 16221 or e-mail us at enquiry@bracbank.com

DRUTI

What is DRUTI Loan?

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
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 enquiry@bracbank.com

SECURED LOAN

APURBO SME LOAN

What is 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.

Features:

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
Mortgage of immobile property required
Easy and hassle free documentation
Loan amount from BDT 25 Lac to 10 Crore depending on business needs
Easy installment and overdraft facility

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

Enquiry:
Please call our 24 hours call center 16221 or e-mail us at enquiry@bracbank.com

SHOMRIDDHI SME LOAN

What is SHOMRIDHI 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.

Features:

Easy and hassle free documentation
Loan starts from BDT 5 Lac to 25 Crore depending on the facility type & business needs
Composite Facility available
Letter of Credit (LC) and Loan against Trust Receipt (LATR), Revolving Loan, Overdraft, Inland Bill Purchase, Term Loan & Bank guarantee are the facilities that are offered.

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 as per Business Type

Enquiry:
Please call our 24 hours call center 16221 or e-mail us at enquiry@bracbank.com

SME WOMEN ENTREPRENEUR LOAN

TARA UDDOKTA SME LOAN

What is 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: 5% (up to BDT 50 lac)
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, private limited company, NGO, co-operatives (at least 51% of the business should be owned by female)

Enquiry:
Please call our 24 hours call center 16221 or e-mail us at enquiry@bracbank.com

Commercial Housing Loan

NIRMAN SME LOAN

What is NIRMAN SME Loan?

NIRMAN is a loan facility for construction, renovation, expansion and purchase of commercial property for renting purpose.

Features:

Installment based loan
Loan ranging from BDT 5 Lac to 5 Crore
Both mortgage free and mortgage backed facility available
For semi pacca building tenor upto 60 months and for multistoried building tenor upto 120 months
Processing fee as per approved Schedule of Charges

Eligibility:

Business that operates based on the rental income
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 us at enquiry@bracbank.com

Commercial VEHICLE Loan

BAHON SME LOAN

What is BAHON SME Loan?

BAHON is the tailored loan product offered to small and medium businesses to purchase new or reconditioned vehicle(s) for business use. Targeted entities can purchase passenger & non-passenger vehicle for business use. Installment based loan is provided to purchase commercial vehicle. One 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 based on the business needs.

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
Processing fee as per approved Schedule of Charges
Joint-registration on the vehicle required throughout the loan tenor

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 us at enquiry@bracbank.com

SECURED CONVENIENCE LOAN

SHOHOJ SME LOAN

What is 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
Processing fee as per approved Schedule of Charges

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 us at enquiry@bracbank.com

TAILOR MADE LOAN

PRABARTAN:

What is PRABARTAN SME loan?

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 us at enquiry@bracbank.com

KURI:

What is KURI SME loan?

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 us at enquiry@bracbank.com

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 supplychain.financeteam@bracbank.com

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 supplychain.financeteam@bracbank.com

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 enquiry@bracbank.com

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 enquiry@bracbank.com

BRAC Bank- SHABOLOMBI

Special loan facility for families of remittance fighters

What is SHABOLOMBI SME Loan?

Shabolombi is a loan facility specially designed for the financial inclusion of the families of remittance earners.

Features:

Loan amount ranging from BDT 2 Lac- BDT 30 Lac based on business requirement
Loan Tenor: 12 Months to 36 Months
Monthly installment process
Efficient, effective & hassle-free loan processing

Eligibility of Remittance Earner:

Valid visa/work permit valid for 12 months or valid stay in abroad for more than 12 months
Minimum remitted amount of Tk 30,000 in last consecutive 6 months through legal channels
Undertaking to send remittance through BRAC Bank

Eligibility of Borrower:

Family members of the remittance sender (spouse, parents, brothers, sons)
Ability to invest in business / income generating activities
No mortgage

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

What is 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)

Features:

Interest provided based on daily balance
Account can be opened with only BDT 1,000
Internet banking, SMS banking and debit card facility available
Fees and charges as per approved 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 enquiry@bracbank.com

SHADHIN CURRENT ACCOUNT

What is Shadhin Current Account?

Shadhin Current Account is a "low fee, no interest" account for one’s 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)

Features:

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
No intercity charge on withdrawal of up to below BDT 100,000
Fees and charges as per approved 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 enquiry@bracbank.com

PROTHOM CURRENT ACCOUNT

What is Prothom Account?

Prothom Account is an interest bearing current account that can be opened by any male individual who is currently owner of any SME business but doesn't have a trade license yet.

Eligibility

Any Bangladeshi male SME business owner

Features:

This is an interest bearing personal current account
No trade license is required for account opening
No minimum balance required to open the account
Fees and charges as per approved 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 enquiry@bracbank.com

SHONCHOY Monthly Savings Scheme

What is SHONCHOY Monthly Savings Scheme?

Shonchoy is a Monthly Deposit Scheme for the SME clients. It will allow an organization to save on a monthly basis as per 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)

Features:

Monthly installment starts with only BDT 500
Loan and overdraft facility available
Tenor from 1 year to 10 years
Fees and charges as per approved Schedule of Charges
Excise Duty as per schedule Government regulation

Enquiry
Please call our 24 hours call center 16221 or e-mail us at enquiry@bracbank.com

PRACHURJO FIXED DEPOSIT

What is 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)

Features:

Opening Balance: BDT 100,000
Tenor: 1 Month to 36 Months
Loan and overdraft facility available against FDR
Interest can be withdrawn at maturity
Fees and charges as per approved Schedule of Charges
Excise Duty as per schedule Government regulation
AIT on interest earned applicable

Enquiry
Please call our 24 hours call center 16221 or e-mail us at enquiry@bracbank.com

TARA SME DEPOSIT:

Tara Uddokta Current Account:

What is TARA UDDOKTA CURRENT ACCOUNT?

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.

Features:

Account opening with only BDT 1,000
Highest interest generating current account in the market
Special Merchant Service Rate on POS machine
Health insurance package with exclusive pricing
Welcome vouchers from lifestyle brands with debit card
Training and knowledge sharing programs
Brand and product promotion through networking events
Fees and charges as per approved 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 enquiry@bracbank.com

UDDIPON FIXED DEPOSIT:

What is UDDIPON FIXED DEPOSIT?

"Uddipon" is a lucrative fixed deposit for small and medium businesses. With a minimum 100,000 TK, any business enterprise having valid trade license can open this account where Interest can be withdrawn on monthly basis

Eligibility:

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

Features:

Opening Balance: BDT 100,000
Tenor: 6 Months to 84 Months
Loan and overdraft facility available against FDR
Interest can be withdrawn on monthly basis
Fees and charges as per approved Schedule of Charges
Excise Duty as per schedule Government regulation
AIT on interest earned applicable

Enquiry
Please call our 24 hours call center 16221 or e-mail us at enquiry@bracbank.com

DIPTO FIXED DEPOSIT:

What is DIPTO FIXED DEPOSIT?

"Dipto" 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 where interest can be withdrawn on quarterly basis

Eligibility:

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

Features:

Opening Balance- BDT 100,000
Tenor- 6 Months to 36 Months
Interest can be withdrawn on quarterly basis
Loan and overdraft facility available against FDR
Fees and charges as per approved Schedule of Charges
Excise Duty as per schedule Government regulation
AIT on interest earned applicable

Enquiry
Please call our 24 hours call center 16221 or e-mail us at enquiry@bracbank.com

EKOTA CURRENT ACCOUNT:

What is EKOTA Current Account?

Ekota is an interest-bearing tailor-made current account to suit the specific needs of social institutions or associations. This account provides interest on daily balance and allows easy transaction through cash management solution and QR facility.

Eligibility:

Any kind of Bangladeshi organization, such as-

Flat owners Association (Registered and Un-Registered)
Land Purchase/Property Development Association (Registered and Un-Registered)
School/ College/ University (Public and Private)
Alumni Association of educational institute (Registered and Un-Registered)
Club/Association/Society/Other Institutions (Registered and Un-Registered)
Govt. organization Account/Semi Government/Autonomous Body/City Corporation
NGOs and MFIs

Features:

Interest provided based on daily balance
Cash management Solution will be provided as per customer requirement
Specific QR facility will be provided for the account as per customer need
Regular e-statements will be provided

**For 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 enquiry@bracbank.com

TARA 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 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:

What is TARA PROTHOM ACCOUNT?

TARA Prothom Account is an interest bearing current account for female entrepreneurs who is currently owner of any SME business but doesn't have a trade license yet.

ELIGIBILITY

Any Bangladeshi female SME business owner

Features:

This is an interest bearing personal current account
No trade license is required for account opening
No minimum balance required to open the account
Special discount on NPSB charge in case of cash withdrawal from other bank ATM with debit card
Fees and charges as per approved 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 enquiry@bracbank.com

TARA SHONCHOY Monthly Savings Scheme:

What is TARA SHONCHOY Monthly Savings Scheme?

BRAC Bank introduces "TARA SHONCHOY Monthly Savings 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
Sole proprietorship, Partnership, Private Limited Company, Educational Institution, NGO/ Project, Co-operative society
In case of Partnership or Private Limited Company at least 51% ownership must belong to female.

Features:

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
Fees and charges as per approved Schedule of Charges
Excise Duty as per schedule Government regulation
AIT on interest earned applicable

Enquiry
Please call our 24 hours call center 16221 or e-mail us at enquiry@bracbank.com

Currency	Buying	Selling
USD	117.0000	118.0000
EUR	127.9161	131.8183
GBP	152.1000	156.6732

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