BANGLADESH KRISHI BANK LIMITED
Usage and Savings

 

Deposit Scheme

Name of Account

Period

Rate of Interest

Current Deposit Account

 

0.00%

Short Term Deposit (STD) Account

 

3.50%

Savings Bank Account

 

Urban 5.00%

 

Rural 6.00%

Fixed Deposit Receipt (FDR) Account

From 3(three) months and above but less than 6(six) months

7.50%

From 6(six) months and above but less than 1(one) year

8.00%

1(one) year and above but less than 2(two) years

8.50%

2(two) years and above (Maximum 4(four) years)

8.50%

Time Deposits (BKB own products)

* Deposit  Pension Scheme 

10 yrs

15.00%

20 yrs

15.00%

Savings Pension Scheme

5 yrs

10.00%

10 yrs

12.00%

Teachers Savings Scheme

5 yrs

6.50%

BKB Savings  Scheme

7 yrs

9.00%

 

Hajj Deposit Scheme 

0.00%

 

Small Savings Scheme 

6.00%

 

Krishan-Krishani Deposit Scheme 

1.00% Higher than Savings Rate

Education Savings Scheme

Monthly Contributory Deposit

5 yrs

5.00%

7 yrs

5.50%

10 yrs

6.00%

Monthly Benefit Deposit

7 yrs

6.50%

10 yrs

7.00%

15 yrs

7.25%

 

International Banking

BKB has got 200 major correspondent banks globally and maintain sufficient number of Nostro accounts in various foreign currencies with different leading banks in important business centers of the world. BKB has taken a massive foreign exchange programmes to increase business.

Products and Services:

  • Letter of Credit (LC)
  • Bill purchase/Discount
  • Export Credit (Pre Shipment & Post Shipment)
  • Remittance (Inward, Outward)
  • Collection, Purchase and Sale of Foreign Currency and Travelers Cheques.
  • Maintenance of Student education file.
  • Guarantees in Foreign Currency.
  • Foreign Currency accounts.
  • NFCD (Non-Resident Foreign Currency Deposit) A/C.
  • RFCD (Resident Foreign Currency Deposit) A/C
  • Forward Contracts
  • Correspondent Banking Relations.
  • Taka Drawing Arrangement
  • Dealing Room
  • S.W.I.F.T. (Society for Worldwide Interbank Financial Telecommunication).

 
Import Finance
 
BKB deals in all kinds of Documentary Credit operation under different credit Lines/Aid/Loan/Grants/cash etc.
BKB finances the following import sectors of the economy:

  • All kinds of Capital Machineries for the development of economy giving special emphasis on Agro based industries/Ready made Garments industries and imports substitute industries.
  • Import of all kinds of industrial Raw Materials for the industries.
  • Any other improved items and specially items directed by the government.

Export Finance

BKB supports exports of any kind giving special emphasis on the following

  • Financial assistance to all kinds of export oriented industry and other products specially export of fruits & vegetables
  • Offers Concessional rate of interest for Export Finance.

Does all activities in exports, such as:

  • Export bill negotiation /Purchase/Collection.
  • Helps the export firms for getting export incentive.
  • Financial support for materializing the export order.

Foreign Remittance

BKB plays an important role in the field of foreign remittances. Most of the BKB branches (947) located at the remote areas of rural Bangladesh. The Bangladeshi people working abroad and their relatives in the country maintain bank accounts with BKB branches. Bank has an arrangement to allow Bangladeshi people working abroad to send their foreign currencies to their relatives at home.

Foreign exchanges activities

BKB extends its service to the travelers by endorsement of cash FC/TC in passports.

BKB renders Hajj services to the pilgrims which is 3rd highest in the banking sector.

BKB deals in spot and forward sale and purchase of foreign currency in local   inter-bank market.