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Effective from: November 01, 2016

A. FEES AND CHARGES

Asset Finance/Term Loan Working Capital Solutions Affordable Home Loan

Application Fee (VAT applicable)*

Upto 1% of Loan limit
but not less than Tk.5,000
Upto 1% of Loan limit
but not less than Tk.5,000
0.50% of Loan limit
or Tk.5,000 whichever is higher

Renewal Fee at Maturity (VAT applicable)*

N/A 0.30% of Loan limit
but not less than Tk.2,200
N/A

Renewal Fee at during the Tenure (VAT applicable)*

N/A 0.30% of Increased Loan limit
but not less than Tk.1,200
N/A

Doc. Cost Reimbursement for New Application**

Tk.4,200 Tk.4,200 Tk.4,200

Doc. Cost Reimbursement for Facility Renewal**

N/A Tk.2,800 N/A

CIB Inquiry Charge Reimbursement

At Actual At Actual At Actual

Legal Fees Reimbursement

At Actual At Actual At Actual

Late Payment Interest (LPI)***

Prevailing Interest Rate Plus 3% Prevailing Interest Rate Plus 3% Prevailing Interest Rate Plus 3%

Guarantee Commission

0.25% per quarter
on the guaranteed amount
N/A N/A

Early Settlement Fee (VAT applicable)

2% on the settled principal amount
at the time of early settlement
N/A N/A

Vehicle Re-Transfer Fee

Tk.2,500 N/A N/A

Origination Cost Reimbursement (VAT applicable)

N/A N/A 2% of principal outstanding amount
at the time of early settlement
(in case within 3 years of execution)

Home Loan Partial Adjustment Fee (VAT applicable)

N/A N/A 2% of principal adjustment amount
(in case within 3 years of execution)

Insurance Cost Reimbursement (Personal Accident)

As per prevailing premium rate
provided by the United Insurance
As per prevailing premium rate
provided by the United Insurance
N/A

CSF Collection Charge Reimbursement
(after Assignment Cancellation)

N/A Tk.250 N/A

Photocopy Cost Reimbursement
(Land document and Agreement paper)

Tk.1,000 Tk.1,000 Tk.1,000
  • *Application Fee is not applicable for Pre-Delivery Financing (PDF), if it is applied within a global limit along with Credit-Sale Financing (CSF).
    However, Renewal Fee is applicable for PDF, only if it is sanctioned without CSF
  • **For each additional Personal Guarantee (more than 2) Tk.300 and for each additional Vehicle Tk.200 wil be added to the Documentation Cost Reimbursement.
  • **In case of issuance of supplementary agreement, Tk.1,000 (each) will be added to the Documentation Cost Reimbursement
  • ***LPI will be applicable for all working capital solutions except Credit-Sale Financing (CSF)

B. STATEMENT FEES

First Time Repeat Issue

No Objection Certificate (Each Product Year)

Free Tk.250 Per Issue

Early Settlement Calculation Statement

Tk.760 Tk.760 Per Issue

Tax Certificate (Each Tax Cycle)

Free Tk.250 Per Issue

Credit Rating Letter

Tk.250 Tk.250 Per Issue

Distributor Finance Statement

At the Time of IADA Replenishment
: Free
Any Other Time (beside Replenishment)
: Tk.100 Per Statement

C. LEGAL COST REIMBURSEMENT

At Actual

D. DUTIES, TAXES, CHARGES AND LEVIEW

As Per Prevailing NBR regulations and Govt. directives.

E. SERVICE CHARGES REIMBURSEMENT

Disbursement Processing
Cost Reimbursement*
Record Maintenance
Cost Reimbursement
Invoice Processing and
Collection Cost Reimbursement*

Revolving Loan

Ranges from 0.01% to 0.05%
of Disbursement amount
N/A N/A

Pre-Delivery Financing (PDF)

Ranges from 0.20% to 0.30%
of Disbursement amount
N/A N/A

Credit-Sale Financing (CSF)

Ranges from 0.01% to 0.05%
of Disbursement amount
Tk.100 Per Debtor Per Month
(Min Tk.500 to Max Tk.1,500)
Ranges from 0.25% to 0.50%
of Invoice Value

Distributor Financing

Ranges from 0.20% to 0.30%
of Disbursement amount
N/A N/A
  • *The aggregate percentage of Disbursement Processing Cost Reimbursement and Invoice Processing & Collection Cost Reimbursement must not be less than 0.30%

F. INTEREST ADJUSTMENT DEPOSIT ACCOUNT (IADA)

Distributor Finance Revolving Loan

Required Balance

6.50% of Facility Limit 10% of Facility Limit

Minimum Balance

4.50% of Facility Limit 3% of Facility Limit

Effective from: August 20, 2017

A. PAPER STATEMENT OR OTHER CHARGES

Amount of Fees and Charges*

Duplicate Instrument Issue of Deposit

Tk.1000

Duplicate Acknowledgement of Deposit

Tk.1000

Duplicate Tax Certificate

Tk.300

Embassy Letter/ Solvency Certificate Issue

Tk.300

Other Statements

Tk.300
  • *All Fees and Charges are Inclusive of VAT

B. INCOME TAX DEDUCTED AT SOURCE**

Deduction Rate

If E-TIN is Submitted to United Finance

10%

If E-TIN is Not Submitted to United Finance

15%

C. EXCISE DUTY YEARLY PER ACCOUNT**

Duty Amount

Balance up to Tk.1 Lac

N/A

Balance above Tk.1 Lac but not more than Tk.5 Lac

Tk.150

Balance above Tk.5 Lac but not more than Tk.10 Lac

Tk.500

Balance above Tk.10 Lac but not more than Tk.1 Crore

Tk.2,500

Balance above Tk.1 Crore but not more than Tk.5 Crore

Tk.12,000

Balance above Tk.5 Crore

Tk.25,000
  • **As Per Prevailing NBR Regulations and Government Directives
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