BRAC Bank Limited is a private commercial bank in Bangladesh. It is operated by the BRAC development organization, focused on Small and Medium Enterprises. The bank has its head office in Dhaka, Bangladesh. It has 187 branches and 50 agent banking outlets and 448 ATMs as of 31 December 2018.
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BRAC Bank was founded on 4 July 2001 to reach a large number of unbanked people who were not covered by a traditional bank. The main concept of the bank was to facilitate Small and Medium Enterprises. Sir Fazle Hasan Abed is the founder of BRACK, one of the world’s largest non-governmental organizations.
Registered Name: BRAC Bank Limited
Founded: 2001
Type: Private Bank (Commercial)
Country: Bangladesh
Code: 060
SWIFT Code: BRAKBDDH
Stock Code: BRAC BANK – DSE CSE
To contact Standard Chartered Bank check below to connect with them for any queries.
Telephone: 8801301-32, 8801311, 8801321
Fax: +880-2-986 0395
E-mail Address: enquiry@bracbank.com
Website: www.bracbank.com
The head office of BRAC bank located in Tejgaon, Dhaka. Below the proper location given, have a look:
To open an account on the BRACK bank, you just need some identificational documents. Here is the list of those which you will need while opening your account.
Photo Identification Document
You can make an online application to the BRAC bank for any queries. There is an online application process on the Official website Of BRAC bank. If you quickly want to apply, just click on the below link.
The BRAC Bank Limited issued a credit card to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder’s promise to the card issuer to pay them for the amounts plus the other agreed charges. The BRAC Bank Limited issued five types of credit card for the customers these are:
BRAC Bank Limited recently start providing an online Banking system. Customers can control all Banking activities through the internet. If you want to check it, click on the below link.
With 187 Branches, 456 SME unit offices, 399 ATMs, 88 CDMs, 300+ agent banking outlets, BRAC Bank offers you a wide range of financial solutions to meet your everyday need. Be it a home loan, car loan, or simply a quick loan simply drop an application and we shall do the rest while you enjoy life. BRACK bank loans are,
Anonno SME loan is an unsecured monthly installment loan facility to take care of all your business expansion needs.
If you are an emerging entrepreneur looking for a large loan to meet your business needs and have viable security to offer, the APURBO loan facility is a perfect choice.
TARA is a 360-degree banking solution for aspiring women entrepreneurs 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.
NIRMAN is a loan facility for construction and/or renovation of a residential facility and/or commercial complex for rental purposes under the Equated Monthly Installment (EMI) loan facility.
If you are looking to purchase a new or reconditioned vehicle(s) for business use, look no further as our tailored product BAHON is here to fulfill all your needs.
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). Now meet all your cash emergencies easily and conveniently with our SHOHOJ SME Loan!
The BRAC Bank personal loan INterest rate is 10.50%. But the loan interest varies from 0.5% to 12.75% depending on the customer segment. The minimum duration of this loan is 1 year and the maximum loan tenure is 5 years. Between 25-65 years old peoples are able to apply for this loan. After applying for this loan the BRAC bank takes about 7 days to review and approve your loan request after submission of the loan application
The BRAC Bank TARA also provides the Bike loan. Customers can take up to 90% of the bike total price as a loan. They provide many special features for the TARA customers these are: Preferential Interest rate when you buy Motor Bike from ACI Motors (Yamaha), Rancon Motors (Suzuki), Honda Bangladesh Ltd, 50% Processing Fee, Minimum Income Requirement: BDT 18,000, and Complimentary Free Health Insurance Package of Tonic for 12 months.
To know the home loan interest rate of BRAC bank, please contact them. And the processing fee of a home loan is up to 2% of the approved loan amount (If the loan amount is above BDT 50 Lac), PF will be up to 1.5%.
For the BRAC Bank car loan, the interest rate is 11.75%. The interest rate varies from 11.25% to 12.50% depending on the loan amount and customer segment. 12.5% for the Businessmen. This loan has many requirements, to know more Click Here.
BRAC Bank also provides a salary loan to their customers. Know more about the salary loan Click Here.
The BRAC Bank Limited interest rate varies from 10.50% to 12.75%.
BRAC Bank is an AA1 rated Bank which offers Savings Scheme as your DPS. In just five years times the interest rate as high as 6.5% is applicable for your savings.
The Fixed Deposit Rate (FDR) of the BRAC Bank is 6%.
BRACK bank offers a lot of other services like SME Banking, Retail Banking, Card service, Foreign Exchange and Related Services, etc. To know more read the following information.
If you face any problem related to any topic, contact the BRACK Bank Customer Care. The contact number is given below.
BRAC Bank is a private commercial bank in Bangladesh, operated by the BRAC development organization, focused on Small and Medium Enterprises (SME). The bank has its head office in Dhaka, Bangladesh. It has 186 branches and 50 agent banking outlets and 448 ATMs as of 31 December 2018.
BRAC Bank has its own ATM network which is currently 457. In addition to this BRAC Bank is the lead arranger of OMNIBUS shared ATM network.
The bank routing number is a nine-digit identification number assigned to financial institutions and this number identifies the specific financial institution upon which a payment is drawn. This very special unique code is generated with the combination of 3 digits bank code, 2 digits district code, 3 digits branch code, and at last 1 check digit. This number is also printed on the bottom-left of your bank check pages.
There is a total of 133 branch routing numbers of BRAC Bank Limited situated in 54 districts in Bangladesh. Here is a list of all routing numbers listed firstly by district names and secondly by branch names alphabetically. To know more click here.
BRACK bank swift code is BRAKBDDH. The first 4 letters mean the bank code, there next 2 letters mean country code, the next 2 letters mean location code, and the next three letters mean the branch code. Where an 8-digit code is given, it may be assumed that it refers to the primary office.
BRAC Bank SWIFT Code is BRAKBDDH
You found here BRAC Bank Currency Exchange Rate
CURRENCY | BUY | SELL |
USD | 83.95 | 84.95 |
GBP | 108.6737 | 111.6502 |
EURO | 91.5463 | 94.1023 |
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