In compliance with the “Guidelines on the Base Rate System for Non-Bank Financial Institutions” issued by Bangladesh Bank (DFIM Circular No.-6) on August 20, 2013, PLFS reviews the Base rate on a monthly basis. Base rate is the minimum rate below which it is not viable for an NBFI to lend money in the market. The actual lending rate charged to the borrowers would be the Base Rate plus the charges payable by borrowers, which include product-specific operating costs, risk premium and tenor premium.
The Base Rate of the Company is as follows:
|September 2017||12.77 %||12.81 %|