AB Bank Personal Overdraft Secured

The lending table is headed "Interest Rate on Loan w.e.f. September 01, 2025" and prints a mid rate beside a range. The page says the proposed rate is variable and compounding, with quarterly rests, or an annual rest for agricultural credit, and that it may be revised every 3 months. The page prints 90% of the face value or current value of an instrument issued by AB Bank or another bank, for up to 36 months. The processing fee is 0.5%, with a minimum of Tk. 2,000 and a maximum of Tk. 5,000. It prints an AB Bank instrument as the instrument rate plus a 2% to 3% spread, and another bank's instrument as 9%. The lending table prints an AB Bank FDR, DDS, or MSDS at a maximum of 90%, and an AB Bank MIDS at a maximum of 80%, as the instrument rate plus a 2.00% to 3.00% spread. The same table prints another bank's FDR, scheme deposit, Wage Earner Development Bond, US Dollar Premium Bond, or US Dollar Investment Bond at a mid rate of 14.50% and a range of 13.50% to 15.50%. Lending table: https://abbl.com/rates-and-charge/lending-rates/ Confirm the current rate with the institution before comparing.