“NCC SME Business Account” is designed for any kind of Bangladeshi entity/organization/enterprise involved in CMSME (Cottage, micro, Small, Medium) business who have trade license. It is an interest-bearing relationship account in entity/ organization/ enterprise name. The aim of this account is to facilitate business transactions, earn interest on daily balance. network of NCC Bank PLC.
Eligibility:
- All CMSME customers as per definition provided by BB from time to time in the name of client’s business.
- Must have valid Trade license/Partnership Deed/documents for Limited Liability Company issued by competent authority to conduct the business.
- National ID card of the proprietor/partners/directors.
- Other usual documents as per account opening requirements specified by Bangladesh Bank time to time.
Availability: ALL NCC Branches & Sub branches.
Minimum Initial Deposit Amount: Tk.5,000/.
Interest Calculation: Interest will be calculated on daily balance amount. Customer will not get interest for the particular month(s) if number of monthly withdrawals exceeds 10 (Ten).
*Customer will require to maintain minimum credit balance of Tk.25,000.00 as day-end balance to be entitled for the interest. No interest will be allowed for the day when any day-end credit balance is less than Tk.25,000.00.
Mode of Operation: Singly, Jointly, Either/ Survivor, Anyone as per customer requirement.
Debit Card: Smart Business Debit Card is available in the name of business.
Cheque Book: Available.
Account Maintenance Fee: As per schedule of Charges of NCC Bank.
Account Closure Fee: As per schedule of Charges of NCC Bank.
Tax, Excise Duty & VAT: Will be deducted as per Government rules.
Key Benefits:
- Unlimited business transaction, no restriction.
- Internet Banking facility.
- SMS alert facility.
- Free Online Banking Facility.
- ATM cash withdrawal from any ATM booth of any bank in Bangladesh is free.