NCC Bank Remittance Service
Special rate of interest in saving account
Interest at a higher rate (1% + to existing rate) in Saving Accounts of the Wage earners/beneficiaries.
Loan for land purchase at a required interest rate
Finance by way of land mortgage loan to purchase land at 50:50 debt- equity participation by remittance sent and rebate @ 2% on total interest if the loan is repaid by remittance sent.
Loan for construction of house at reduced interest rate
Finance to construct house at 30:70 equity-debt participation against proceeds of remittance and rebate @ 2% on total interest if the loan is repaid by remittance sent.
Advance against remittance sent
Advance payment up to Tk. 10000/- against regular monthly remittance against guarantee from a valued client/local dignitary.
Priority in Finance for investment in Trade and Industrial Project
Financing SME project undertaken by the expertise/ beneficiaries with their remittance proceeds at 30;70 equity debt ratio at a prime rate of interest.
Profit at special rate on term deposit
Special rate of interest on FDR for Tk.2.00 lac and above issued from remittance proceeds.