Schedule of Charges

All retail banking service tariff of AB Bank Limited. This table of charges is revised and to be effective from 1 January 2018.

Deposit Accounts

ItemsNature of ChargesFeatures & Fees
Current Account - Local Currency
Account Maintenance FeesFeesBDT 500.00 (half-yearly)
Account Maintenance Fees - Progati (SME Business Account)FeesFree (1st year exemption only)
Closing of AccountChargesBDT 300.00
Current Account - Foreign Currency
Account Maintenance Fees (Except Wage Earner's Account)FeesBDT 500.00 or equivalent USD, GBP or EUR (half-yearly)
Closing of AccountChargesBDT 300.00 or equivalent USD, GBP or EUR
Savings Account
Account Maintenance Fees (average balance up to BDT 5,000.00)FeesFree
Account Maintenance Fees (average balance BDT 5,000.00 above and up to BDT 25,000.00)FeesBDT 100.00 (half-yearly)
Account Maintenance Fees (average balance above BDT 25,000.00)FeesBDT 300.00 (half-yearly)
Closing of AccountChargesBDT 200.00
Shampurna (Savings Account)
Account Maintenance Fees (average balance up to BDT 5,000.00)FeesFree
Account Maintenance Fees (average balance BDT 5,000.00 above and up to BDT 25,000.00)FeesBDT 100.00 (half-yearly)
Account Maintenance Fees (average balance above BDT 25,000.00)FeesFree
Closing of AccountChargesBDT 200.00
Max Saver Account
Account Maintenance Fees (average balance up to BDT 5,000.00)FeesFree
Account Maintenance Fees (average balance BDT 5,000.00 above and up to BDT 25,000.00)FeesBDT 100.00 (half-yearly)
Account Maintenance Fees (average balance BDT 25,000.00 above and up to BDT 49,999.00)FeesBDT 300.00 (half-yearly)
Account Maintenance Fees (average balance of BDT 50,000.00 or above)FeesFree
Closing of AccountChargesBDT 200.00
Smart Saver Account
Account Maintenance FeesFeesFree
Closing of AccountChargesBDT 200.00
AB Student Account (AB Minor & AB Major)
Account Maintenance FeesFeesNo charge will be applicable for AB Student Account (Government Duties will be imposed as per law)
Closing of AccountCharges
Special Notice Deposit (SND) Account
Account Maintenance FeesFeesBDT 500.00 (half-yearly)
Closing of AccountChargesBDT 300.00
Non-Resident Foreign Currency Deposit Account (NFCD)/ Resident Foreign Currency Deposit Account (RFCD)
Minimum opening balanceUSD 1,000.00
GBP 500.00
EURO 1,000.00
Closing of AccountChargesBDT 300.00, or equivalent USD, GBP or EURO
Convertible Account
Account Maintenance Fees (half-yearly)FeesBDT 500.00 for Current deposit account
BDT 300.00 for Savings bank account
Counter Transaction FeesFeesFree
Closing of AccountChargesFree
Dormant Account
Activation charge for Dormant Account (not applicable for Non-resident account)ChargesBDT 500.00
Activation charge for AB Student AccountChargesFree

Other Services - All Deposit Accounts

ItemsNature of ChargesFeatures & Fees
Statements/ Certificates
Account StatementChargesFree
Balance Confirmation CertificateChargesFree
Issue of Duplicate StatementsChargesBDT 300.00 (current year)
BDT 500.00 (previous per year)
Solvency CertificateChargesBDT 300.00
Issue of BO CertificateChargesBDT 100.00
Issue of Duplicate Balance Confirmation CertificateChargesBDT 200.00
Certificate of InterestChargesBDT 250.00
Encashment Certificates (FD, Bonds, Securities etc.)ChargesBDT 250.00
Closing Fees of All Unsatisfactory AccountChargesBDT 200.00 for Savings & Max Savers account
BDT 300.00 for Current Deposit account & SND account
Cheque Books
Savings/ Current Account- 20 LeavesChargesBDT 5.00 per leaf
SND/ Current Account- 50 Leaves
Max Saver (average balance up to BDT 49,999.00)- 20 LeavesChargesBDT 5.00 per leaf
Max Saver (average balance of BDT 50,000.00 or above)- 20 LeavesChargesFree
Smart Saver- 20 LeavesChargesBDT 10.00 per leaf
Student Account- 20 LeavesChargesFree
Uncollected Cheque book (destruction within 6 months)ChargesBDT 100.00
Shampurna (Savings Account) (if average balance of BDT 25,000.00)Charges1st cheque book free
Debit Card
Yearly FeeFeesBDT 500.00
Yearly Fee (yearly minimum balance BDT 1,00,000.00)FeesFree
Yearly Fee: Max Saver (yearly average balance up to BDT 49,999.00)FeesBDT 500.00
Yearly Fee: Max Saver (yearly average balance of BDT 50,000.00 or above)FeesFree
Yearly Fee: Smart Saver (yearly average balance up to BDT 4,999.00)FeesBDT 500.00
Yearly Fee: Smart Saver (yearly average balance of BDT 5,000.00 and above)FeesFree
Yearly Fee: Student AccountFeesFree
Card Replacement FeeFeesBDT 500.00
Card Replacement Fee- Student AccountFeesBDT 500.00
PIN Replacement FeesFeesBDT 200.00
ATM transaction at AB Bank ATMsChargesFree
ATM transaction at other VISA ATMsChargesBDT 35.00
ATM Cash Withdrawal at National Payment Switch of Bangladesh (NPSB) Member Bank ATMsChargesBDT 15.00
ATM Mini Statement at National Payment Switch of Bangladesh (NPSB) Member Bank ATMsChargesBDT 5.00
ATM Balance Inquiry at National Payment Switch of Bangladesh (NPSB) Member Bank ATMsChargesBDT 5.00
Uncollected Debit Card/ PIN (destruction within 6 months)ChargesFree
Yearly Fee: Progati1st year exemption only
Debit Card Issuance Fees for Shampurna (Savings Account)1st year Free
Debit Card Charges for Shampurna (Savings Account)From 2nd year onwards: Free (if average balance is less than BDT 25,000.00, charge will be applicable)
ItemsNature of Charges
Features & Fees
MasterCard GoldMasterCard TitaniumMasterCard World
Annual FeeFeesBDT 2,000.00BDT 4,500.00BDT 8,000.00
1st Year FeeFees100% waiver100% waiver50% waiver
Supplementary Card FeeFees
BDT 500.00 (1st supplementary card free)
Card/ PIN Replacement FeeFeesBDT 400.00BDT 500.00BDT 500.00
Late Payment FeeFeesBDT 400.00BDT 400.00BDT 500.00
Overlimit FeeFeesBDT 400.00BDT 400.00BDT 500.00
Cash Advance FeeFees2.50%2.50%2.50%
Duplicate Statement FeeFeesBDT 100.00BDT 100.00BDT 100.00
Returned Cheque Fee/ Payment Return Fee during Auto debitFeesBDT 125.00BDT 125.00BDT 125.00
Outstation Cheque Processing FeeFeesBDT 100.00BDT 100.00BDT 100.00
Clearing Cheque Processing (< BDT 50,000)ChargesNilNilNil
Clearing Cheque Processing (BDT 50,000 > BDT 500,000)ChargesBDT 10.00BDT 10.00BDT 10.00
Clearing Cheque Processing (BDT 500,000+ Normal Clearing)ChargesBDT 25.00BDT 25.00BDT 25.00
Clearing Cheque Processing (BDT 500,000+ Same day clearing)ChargesBDT 60.00BDT 60.00BDT 60.00
Voucher Retrieval FeeFeesBDT 150.00BDT 150.00BDT 150.00
Certificate ChargeChargesTk. 150.00BDT 150.00BDT 150.00
CIB/ Verification FeeFeesBDT 200.00BDT 200.00BDT 200.00
SMS Notification FeeFeesBDT 150.00BDT 150.00BDT 150.00
Stop Payment of Clearing ChequeFeesBDT 100.00BDT 100.00BDT 100.00
EMI Pre-closure ChargesChargesFreeFreeFree
FOREX MarkupFees2.50%2.50%2.50%
Balance Transfer FeeFees1.00%1.00%1.00%
ItemsNature of ChargesFeatures & Fees
SMS & I-Banking
SMS yearly alert fee (Except Max Saver, Smart Saver, Student Account, Workers of Apparel , Leather Industry Accounts, Shampurna Savings Account & for Progati 1st year exemption only)ChargesBDT 150.00
SMS Banking for Shampurna Savings AccountChargesFree
I-bankingChargesFree
Locker Charges
Large LockerChargesBDT 6,500.00 (annually collected on a prorated basis)
Medium LockerChargesBDT 4,000.00 (annually collected on a prorated basis)
Small LockerChargesBDT 2,000.00 (annually collected on a prorated basis)
Access outside Schedule timeChargesBDT 100.00
Late Payment FeesFeesBDT 500.00
Security MoneyBDT 5,000.00
Replacement of lost keysActual cost
Locker Facility for Shampurna Savings AccountCharges25% discount subject to availability
Insurance Premium for LockerCharges at Actual
Annual rental/ other Charges of LockerTo be realized in advance

Online Transaction

ItemsNature of ChargesFeatures & Fees
Intra City
Cash Deposit (up to BDT 500,000.00)FeesFree
Cash Deposit (from BDT 500,001.00 & above)FeesBDT 100.00
Cash Withdrawal (up to BDT 200,000.00)FeesFree
Cash Withdrawal (BDT 200,001.00 - 500,000.00)FeesBDT 100.00
A/c - A/c Fund Transfer (up to BDT 200,000.00)FeesFree
A/c - A/c Fund Transfer (from BDT 200,001.00 & above)FeesBDT 100.00
Inter City
Cash Deposit (up to Tk. 100,000.00)FeesBDT 50.00
Cash Deposit (BDT 100,001.00 - 300,000.00)FeesBDT 150.00
Cash Deposit (BDT 300,001.00 - 500,000.00)FeesBDT 200.00
Cash Deposit (BDT 500,001.00 - 1,000,000.00)FeesBDT 300.00
Cash Deposit (BDT 1,000,001.00 - 2,000,000.00)FeesBDT 800.00
Cash Deposit (BDT 2,000,001.00 & above)FeesBDT 1200.00
Cash Withdrawal (up to BDT 100,000)FeesBDT 50.00
Cash Withdrawal (BDT 100,001.00 - 300,000.00)FeesBDT 100.00
Cash Withdrawal (BDT 300,001.00 - 500,000.00)FeesBDT 200.00
Cash Withdrawal (BDT 500,001.00 - 1,000,000.00)FeesBDT 300.00
Cash Withdrawal (BDT 1,000,001.00 - 2,000,000.00)FeesBDT 500.00
Cash Withdrawal (BDT 2,000,001.00 - 5,000,000.00)FeesBDT 800.00
Cash Withdrawal (BDT 5,000,001.00 & above)FeesBDT 1,000.00
A/c - A/c Fund Transfer (up to BDT 100,000.00)FeesFree
A/c - A/c Fund Transfer( BDT 100,001.00 - 250,000.00)FeesBDT 50.00
A/c - A/c Fund Transfer( BDT 250,001.00 - 500,000.00)FeesBDT 100.00
A/c - A/c Fund Transfer( BDT 500,001.00 - 1,000,000.00)FeesBDT 250.00
A/c - A/c Fund Transfer( BDT 1,000,001.00 - 1,500,000.00)FeesBDT 500.00
A/c - A/c Fund Transfer( BDT 1,500,001 - 2,000,000.00)FeesBDT 750.00
A/c - A/c Fund Transfer( BDT 2,000,001 & above)FeesBDT 1,000.00
Deposit of Scheme Deposit
Online fees for deposit of "Scheme Deposit" installmentChargesFree (if deposited in the specific scheme deposit slip)

Consumer Lending

ItemsNature of ChargesFeatures & Fees
Personal Loan - Unsecured
Application FeeFeesBDT 500.00
Processing FeeFees1% of the approved loan amount
Early Adjustment Fee**Fees2% on the outstanding loan amount
Partial Payment FeeFees1% of the partial amount
Penal ChargeChargesAdditional 2% interest on the defaulted amount
Post approval Quotation ChangeFeesBDT 500.00 (per change of quotation)
Rescheduling FeeFeesBDT 1,000.00 (per reschedule)
Restructuring FeeFeesBDT 2,000.00 (per restructuring)
Auto Loan - Unsecured
Application FeeFeesBDT 500.00
Processing FeeFees1% of the approved loan amount
Early Adjustment Fee**Fees2% on the outstanding loan amount
Partial Payment FeeFees1% of the partial amount
Penal ChargeChargesAdditional 2% interest on the defaulted amount
Post approval Quotation ChangeFeesBDT 500.00 (per change of quotation)
Rescheduling FeeFeesBDT 1,000.00 (per reschedule)
Restructuring FeeFeesBDT 2,000.00 (per restructuring)
Education Loan - Unsecured
Application FeeFeesBDT 500.00
Processing FeeFees1% of the approved loan amount or BDT 1,000.00 whichever is higher
Early Adjustment Fee**Fees2% on the outstanding loan amount
Partial Payment FeeFees1% of the partial amount
Penal ChargeChargesAdditional 2% interest on the defaulted amount
Post approval Quotation ChangeFeesBDT 500.00 (per change of quotation)
Rescheduling FeeFeesBDT 1,000.00 (per reschedule)
Restructuring FeeFeesBDT 2,000.00 (per restructuring)
Home Loan - Unsecured
Application FeeFeesBDT 500.00
Processing FeeFees1% of the approved loan amount
Early Adjustment Fee**Fees2% if the first half tenor, otherwise 1% on the outstanding loan amount
Partial Payment FeeFees1% of the partial amount
Penal ChargeChargesAdditional 2% interest on the defaulted amount
Post approval Quotation ChangeFeesBDT 500.00 (per change of quotation)
Rescheduling FeeFeesBDT 1,000.00 (per reschedule)
Restructuring FeeFeesBDT 2,000.00 (per restructuring)
Personal Loan - Secured
Processing FeeFees0.5% of the approved loan amount subject to minimum BDT 2,000.00 and maximum BDT 5,000.00
Early Adjustment Fee**FeesFree
Renewal FeeFeesBDT 500.00
** If any term/ time loan is settled before maturity due to increased rate of interest and if it is settled within one month from date interest rate increased, in that case no early settlement fee will be applicable (FICSD Circular letter No. 1 dated 12th Feb 2017).

About AB Bank

Introducing Bangladesh to its very first private sector bank; AB Bank Limited was incorporated in 31st December, 1981. Arab Bangladesh Bank as formerly known started its effective operation from 12th April, 1982 with the mission to be the best performing bank of the country. With an ambition to secure its place as the leading service provider, creating lasting value for its clientele, shareholder, and employees and particularly for the community it operates in, AB has formulated a golden heritage and an envious legacy that may not be imitated by many. The bank opened its very first branch at Karwan Bazar on 12th April 1982 and now has a successful footprint of 100 branches including one overseas branch in Mumbai, India and 263 ATMs spread across the country as on 31st December 2014; it has associated 6 subsidiary companies including one exchange company in UK, Off-shore Banking Unit and Custodial services with its core banking activities. The Bank opened its Representative Office at Yangon, Myanmar and at London, UK for extending its foreign operations.

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