Base Rate

In compliance with the DFIM Circular # 6 "Guidelines on the Base Rate System for Non-Bank Financial Institutions" issued by Bangladesh Bank on August 20, 2013, SFIL Finance PLC. reviews the Base rate on a monthly basis. Base rate is the minimum rate below which it is not viable for a Non-Bank Financial Institution to lend in the market. As per the Base Rate Guideline, the actual lending rates charged to the borrowers would be the Base Rate plus borrower-specific charges, which would include product-specific operating costs, risk premium and tenor premium.

The Base Rate of SFIL Finance PLC. is exhibited at all branches (Head Office & Principal Branch) along with website and the determination and application of this Base Rate is in accordance with the Base Rate Guidelines of Bangladesh Bank for being transparent in the pricing of floating rate lending products.

Month Regular Adjustement
May 2024 12.49% 12.49%
April 2024 12.55% 12.55%
March 2024 12.62% 12.62%
February 2024 11.69% 11.69%
January 2024 11.67% 11.67%
December 2023 11.50% 11.50%