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8/13/2019 Internship report on National Credit and Commerce Bank Ltd
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
Introduction
National Credit and Commerce Bank Ltd started its journey since 1985 as an investment
company in Bangladesh. The aim o the company !as to mo"ili#e resources$ develop country%s
&ndustrial and Trade 'ector and playing a catalyst role in the ormation o capital market as !ell.
&ts mem"ership !ith the "ro!se helped the company to a great e(tent in this regard. The
company operated up to 199) !ith 1* "ranches. Therea ter !ith the permission o the Central
Bank converted in to a ull ledged private commercial Bank in 199+. Their paid up capital !as
Tk. +9.,, crore at their starting period. 'ince its "eginning NCC Bank Ltd has ac-uired e(cellent
reputation "y providing sincere personali#ed service to its customers in a technology "ased
environment.
The Bank has set up a ne! standard in inancing in the &ndustrial$ Trade and oreign e(change
"usiness. &ts various deposit / credit products have also attracted the clients0"oth corporate and
individuals !ho eel com ort in doing "usiness !ith the Bank.
Direction & Management of NCC Bank Ltd
)+0mem"er "oard o directors$ including the chairman and a vice0chairman oversees the a airso the "ank. The managing director is its chie e(ecutive. The unctions o "ranches are carried
out under direction and surveillance o 2eneral 3anager and his 4eputy 3anager. The "ank had
58 "ranches and 1,18 employees. The registered head o ice o the "ank is at 4haka. The "ank
conducts traditional commercial "anking unctions as !ell as oreign e(change "usiness and
provision o other inancial services.
Capital Structure of NCC Bank Ltd
The "ank has a strong capital "ase. &ts authori#ed capital is T . )5,,.,, million !hile it6s paid
up capital is Tk.1),1.79 million. The share price o the "ank is par value Tk.1,,.,,. To meet the
overall re-uirement the "ank "orro!s rom Bangladesh Bank and other "anks and inancial
institutions. 'o ar the "ank has "een a"le to meet its capital ade-uacy re-uirement success ully.
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
Corporate Culture of NCC Bank Ltd
NCC Bank is one o the most disciplined Banks !ith a distinctive corporate culture. &n this "ank$
it "elieves in shared meaning$ shared understanding and shared sense making. The people o "ank can see and understand events$ activities$ o"jects and situation in a distinctive !ay. They
mould their manners and eti-uette$ character individually to suit the purpose o the Bank and the
needs o the customers !ho are top importance to them. The people in the Bank see themselves
as a tight knit team amily that "elieves in !orking together or gro!th. The corporate culture
they "elong has not "een imposed. &t has rather "een achieved through their corporate culture.
Mission & Vision of NCC Bank Ltd.
Mission
To mo"ili#e inancial resources rom !ithin and a"road to contri"ute to gricultures$ &ndustry /
'ocio0economic development o the country and to pay a catalytic role in the ormation o
capital market.
Vision
To "ecome the Bank o choice in serving the Nation as a progressive and 'ocially esponsi"leinancial institution "y "ringing credit / commerce together or pro it and sustaina"le gro!th.
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
Board of Directors
Tofazzal ossain
Chairman$ Board o 4irectors
!.S.M. Main "ddin Monem
:ice Chairman$
Board o 4irectors
!l#a$ Md. Nurun Ne%az
Chairman$
;(ecutive Committee o the Board
! dus Salam
Chairman$ udit Committee o the Board
Ma# u ul !lam Tara
4irector
'.( Ma#mud
4irector
Md. S#a#$a#an
4irector
Mo#ammad !li
4irector
4irector
Manzurul assan Talukder
4irector
)o$ e#an Banu
4irector
Masuda Begum
4irector
!n$uman !ra Begum
4irector
Mo#ammed Nurul !min
3anaging 4irector
*ak#rul !n%ar
4irector
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
)ationale of T#e Stud+The purpose o the study is to make a "etter understanding o major activities and
pro"lems in the "anking sector o Bangladesh. By this !ay people can kno! ho! the
Bank6s o our country attempts to ind solutions in competitive "usiness environment. By
this study it is possi"le to kno! ho! NCC Bank provides their service$ ho! they interact
!ith their customer$ and ho! they earn pro it.
, $ecti-e of T#e Stud+
The primary o"jective o this study is to kno! the overall "anking activities o NCC
Bank Ltd. There are some speci ic o"jectives. These are as ollo!sC4?$
'avings 4eposit >'4?$ 'pecial 'aving 'cheme >'''?$ 'hort Term 4eposit >'T4?$ /
i(ed 4eposit eceipt > 4 ?. The interest rates are also distinctive or di erent kind o
account. 'uch as or 'avings account interest rate is *@$ or Current account interest rate
is ,@$ or 'hort Term 4eposit interest rate is 1,@$ and i(ed 4eposit interest rate is 9@
to 9.5,@. 'pecial 'aving 'cheme >'''? also kno!n as 4eposit Aension 'cheme >4A'? is
a monthly installment "asis account. &t is a more competitive product o NCCBL compare
!ith any other "ank6s 4A' account. 4ue to no deduction o money !hich they declared
a ter the maturity date o this account a huge amount o customer open it in NCCBL. The
interest rate also higher compare !ith any other "ank. &ts interest rate is 1).1,@.
/-aluation of !ccount ,pening !cti-ities
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
ccount opening procedure o NCCBL is very good. They collected all the necessary
documents !henever they open an account. ,nl+ fi-e to ten minutes are re0uired to
open an account if all t#e documents are correct. 1eoples are %illingl+ comes to
open an account in t#is ank. T#e+ don2t need to force or con-ince to t#eir client to
open an account in t#eir ank.
There are some negative sides also of t#eir account opening acti-ities. Sometimes
peoples are #ig#l+ dissatisfied %#ene-er t#e+ found t#at lots of information t#e+
#a-e to pro-ide. T#e aut#orit+ of NCCBL does not manage an+ introducer for t#eir
potential client. 3it#out introducer it is not possi le to open an account. So t#e+
loss man+ ne% client. Still NCCBL perform t#eir transaction %it# c#e0ue ook.
1eoples are dissatisfied of t#eir traditional ser-ice. T#eir interest rate is not more
t#en #ig#er compare %it# t#eir competitor. 3#en t#eir ne% client fill up t#e
account opening prescri ed form t#en t#e account opening officer don2t input all
t#e information into #is computer s+stem. It is -er+ ad for future in0uir+.
1rocess of C#e0ue Book Issues
NCCBL provides three kinds o che-ue "ooks. These are current$ savings and ' 4 > ?.
Current che-ue "ook6s pages are consisting o t!enty to i ty pages$ savings account
che-ue "ook6s pages are consisting o ten pages and ' 4 > ? consists o t!enty pages.
hen they provide a che-ue "ook they deduct a charge !hich value is Tk 1) or savings$
Tk )+0 58 or current and Tk )+ or ' 4 > ?. Che-ue "ooks are provided "y t!o !ays$
one is providing "y re-uisition slip and another is direct re-uisition slip.
C#e0ue Book2s re0uisition slip4 Customers 'ervice icer receives these types
o slip rom the client6s and gives the che-ue "ooks under processing. Arocessingmeans Che-ue Book6s collect rom the volt and then put an account num"er in the
che-ue "ook$ !rite do!n the serial num"er o the che-ue "ook in the re-uisition
slip and che-ue "ook register$ then :eri ied client signature. ter all this things
the Arincipal icer sign in the che-ue leaves and sent the che-ue "ook to
another Arincipal icer or sign. ter his sign the client can receive the che-ue
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NCC Bank Limited [OVERALL BANKING SYSTEM
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"ook. Then the o icer posting the serial num"er o the che-ue "ook6s lea in the
computer.
Direct re0uisition slip4 hen a ne! account is open then the o icer provides a
direct re-uisition slip to the ne! account holder or getting his her ne! che-ue
"ook. & an account holder "roke or lost his her e(isting che-ue "ook or
re-uisition slip then also these direct re-uisition slip is to "e provided.
/-aluation of C#e0ue Book Issue 1rocess
The che-ue "ook o NCCBL in not more secured. There is no security layer e(ist in theirche-ue "ook. 'o$ anyone can make copy or counter eit o their che-ue "ook. The che-ue
"ook6s lea is very short. &t is containing 1, to 5, lea s. Aeople !ant more lea in their
che-ue "ook. There are some positive sides also. They can issue a che-ue "ook very
-uickly. henever they issue a che-ue "ook it is checking three times.
!ccount Closing and Transfer !cti-ities
&n NCC Bank Ltd account is closing "y t!o !ays. ne is closing "y "anker$ and anotheris closing "y customer re-uest. & any customer doesn6t maintain any transaction !ithin
si( years or the account > C? "alance "ecomes lo!er than the minimum "alance$ "anker
has the right to inactive or closes an C. 'ometime many account "ecomes inactive due
to Bangladesh Bank6s circulation.
& the customer !ants to close their C$ they !rite an application to the manager and
re-uest him to close their C.
'ometime customer !ants to trans er their account to another "ranch o NCCBL. &t may
occur or many reasons. Transportation pro"lem$ home shi ting$ to get oreign e(change
acility$ are signi icant reasons to trans er account. 'ometime it may occurred to maintain
relationship !ith the "anker !ho trans er to the another "ranch.
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
/-aluation of !ccount Closing and Transfer !cti-ities
NCCBL doesn6t maintain letter !ith their client !ho are irregular to continue their
account. 3any clients don6t kno! their account "alance is insu icient. & NCC Bank Ltd!arns their customer a"out their "alance statement then many o their account may not "e
closed. hen customers are !illingly !anted to close their account then there is no
prescri"ed orm availa"le in the "ank. This is a great pro"lem or uneducated customer
!ho doesn6t kno! ho! to !rite an application. & there is prescri"ed orm availa"le then
it is easy to apply to the "ank to close an account.
ccount trans er process o NCCBL is very good. Customers are not hampered i they
!ant to trans er their account to another "ranch..
)emittance Department !cti-ities
NCC Bank is the mem"er o 3oney 2ram and ' & T >'ociety or orld!ide &nter0
Bank inancial Telecommunication Net!orks?. Dsing the services o this glo"al net!ork$
non0resident Bangladesh nationals can send money rom a"road to their home country
!ithin a e! minutes !ithout any risk. NCC Bank has also arrangement !ith oreign
money e(change companies like D ; ;(change Co$ edha0 l0 nsari Co$ Alacide(press$ Ea"i" ;(press Company$ F0Aress 3oney etc.
/-aluation of )emittance Department !cti-ities
NCC Bank is an authori#ed dealer o many oreign maney e(change companies. But their
many oreign currency collections are per ormed "y 3oneygram. Customer "rings an
eight digit A&N num"er. 'ay it to the authori#ed o icer. Then the o icer trans ers the
amount to his her account. & the customer has no account in this "ank then the o icerissues a voucher e-uivalent o the amount.
This all steps are accomplished "y more secured !ay. Because !ithout the A&N num"er
and the avoring person money has not dis"ursed. lthough this total step is per orm "y
computer system. 'o there is not as much o possi"ility o error.
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
!ccounts or Cas# Department !cti-ities
This department starts the day !ith cash in vault. &t should "e dealt very care ully. 'o this
department is to handle !ith highly secured consideration. ll cash receipts and payments are made through this department. 4epositors deposit money in their account
through this section "y deposit slip. This section also receives cash rom customer or
opening pay order$ Bank dra t. This department also responsi"le or cash payment against
the !ritten che-ue. ter matching signs and checking "alance authori#ed o icer pay
cash. ;lectricity "ill and 2as "ill also taken "y this department.
/-aluation of !ccounts or Cas# Department !cti-ities
There are ive cash o icers are al!ays dedicated to serve their client highly. They don6t
leave their place in service period !ithout any cause. Three CCT: cameras monitor all
the activities or security purpose.
Their cash department is not !ell decorated. lthough there is no A ' machine is e(ist in
the cash department. 3ost o the time ake note is ound in their cash department. &t is
ocus on their irresponsi"ility. No training session is occurred or their cash department6s
o icers.
C#e0ue Clearing Department !cti-ities
&n Bangladesh Bank there is a very large room !hich contains i ty or more ta"les or
each "ank that is called the clearing house. There are t!o types o clearing house. These
are as ollo!sBanks !hich are conducting !ithin 1km o Bangladesh Bank?). ) nd Clearing Eouse >Banks !hich are not conducting !ithin 1km o Bangladesh
Bank?
Clearing ouse 1rocess
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
NCC Bank Ltd has a che-ue clearing department !here an o icer al!ays per orms to
complete this process. This process is starting !ith collecting other "anks che-ue rom
their client. The "ank takes the responsi"ility to collect the amount o money o this
che-ue on "ehal o their client rom the desired "ank. rom 9am to 1)pm this di erent
"ank6s che-ue and pay orders is collected. ter collecting these che-ues the authori#ed
o icer posting all this che-ue6s amount and the "ank6s name in the computer system.
Then the o icer print out a copy o this posted value. ter doing that the o icer sorting
all the che-ue "ank and "ranch !ise and attach a counter o every che-ue. ter doing
this jo" the o icers take so t copy in their pen drive. Then they !rite an advice copy
!here the total value is included or mentioning !hich is de"ited rom this "ank.
/-aluation of C#e0ue Clearing Department !cti-ities
Che-ue clearing department is very sensitive department or any "ank. By this
department NCC Bank Ltd take the responsi"ility to pass the other "ank6s che-ue on
"ehal o their client. t this "ank many o icer o their di erent "ranches are per ormed
o this process. Their clearing house is very active. No che-ue is dishonored !ithout any
reason. They pass the che-ue only i the amount is availa"le in the client6s account. Big
amount che-ue is passed "y the permission o higher authority.
1a+ment ,rder 51,6 Department !cti-ities
The Aay rder is an instrument issued "y "ank. &t should not "e dishonored "ecause the
customers purchase it "y cash payment. 3any government or private o ices !ant it !hen
someone applying or jo" or some time it is used or "usiness purpose. The maturity o
A is ten years.
& any customer !ants to take a Aay rder >A ? at irst he she deposit money and
commission along !ith A application orm. &n the application orm he she included
their necessary in ormation such as payee6s name$ date$ A no$ etc. ter checking and
approval o the instrument "y the authority$ it is delivered to customer. 'ignature o
customer is taken on the "ack side o the counterpart o Aay rder.
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
/-aluation of 1a+ment ,rder 51,6 Department !cti-ities
The task o A issue is very sa e or any "anker. ;veryday NCC Bank Ltd issues i teen
to t!enty A . They can issue a A very -uickly. Their customers are very pleased or
their s!i t service. They use three seal and t!o signatures or issuing a A . Though using
these three signatures is very time consuming "ut it is much secured also. They maintain
a registered "ook. &n this registered "ook all the in ormation is included o every A .
They are using Bangla and ;nglish language or issuing a A . 'ome A is issued "y
Bangla and some A is issued "y ;nglish. 'o it makes con using !hen to add totalamount.
!d-ance Banking or Loan Department !cti-ities
dvance inancial products o NCCBL are mainly categori#ed "y Continuous loan$ Term
loan$ Loan under '3;. They provide loan "y assessing all the criteria as per Bangladesh
Bank La!. The interest rate o their loan product is ourteen to si(teen percent. They may
collect mova"le product or asset or the hundred percent cash payment against loan
dis"ursement. They are using C&B report$ C 2 rating !henever they lending money. By
C 2 rating they can determine the per ormance o any loan project. C&B >Credit
&nvestigation Bureau? is a prescri"ed orm provided "y Bangladesh Bank. &t has to
maintain or lending purpose.
Loan )eco-er+ !cti-ities
&t is the duty o the Bank to recover the landed und !ithin the speci ic time. & the
"orro!er ails to repay the money !ithin the mentioning period "ank !ill declare him as
a de aulter. Bank recovers the und "y selling the securities given "y the "orro!er or "y
ree#ing his account.
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
ecovery o loan can "e made "y three !ays. These are Aersuasive$ voluntarily$ and
legally.
Aersuasive recovery means i the "orro!er didn6t paid the due amount o loan in timethen the irst step o "ank is private communication !ith him. &t creates a mental pressure
on "orro!er to repay the loan amount. &n this case "ank can provide some advice to the
"orro!er or repaying the loan.
:oluntarily recovery method is applying "y some steps. These are "uilding task orce$
a rranging seminar$ loan rescheduling policy$ !aiver o interest rate$ etc.
hen all steps ail to keep an account regular and the "orro!er does not pay theinstallments and interests then "ank take necessary legal steps against the "orro!er.
/-aluation of !d-ance Banking or Loan Department !cti-ities
ter dis"ursing any loan they continuously monitor it. They maintain letter to
communicate !ith their loan customer. & any loan installment is overdue they
immediately negotiate !ith the "orro!er. Their every employee o advance department is
highly educated and smart. Their loan customers get highly support rom this "ank.
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
!ppendi7
Aer ormance at 2lance o NCC Bank Ltd
Aarticulars Taka in million),,+ ),,= ),,5 ),,* ),,7uthori#ed Capital 75,.,, 75,.,, )$5,,.,, )$5,,.,, )5,,.,,
Aaid up Capital 55).55 *,7.81 975.,= 1$),1.79 1+5).,1eserve und 51,.7+ 7*1.18 88=.9, 1$)15.58 1995.+*
;-uity und 1$,*+.)8 1$,*9.)+ 1$859.9= )$=17.+7 ++)*.5)
4eposits1=$*7+.=
)1*$,*9.)
+)1$=78.)
))8$1=7.+
= +=9,1.77
Loans and dvances1)$85,.8
515$)11.1
5),$5++.1
+)=$*78.+
* +)*87.75&nvestment )$9**.,) =$+85.)+ +$,1,.=5 +$55).,8 *)**.*)
etained Aro it ,.5= 1=.)8 1,.+1 7.8+ 8.1+
&mport Business1+$,89.9
=1+$)7=.,
81*$)9*.+
,17$*=*.8
, )8779.)1;(port Business =$9*7.++ 5$771.*5 7$77*.+, 8$557.,, 9577.9)4ividendG Cash >@? 1,.,, 0 1,.,, 1,.,, 0Bonus >@? 1,.,, +,.,, 1,.,, 1).5, +,.,,
perating income )$)*).8* )$)8+.+7 )$9+).,, +$91+.19 5)*9.,+perating ;(penses 1$*+7.9) 1$5*).88 1$91+.** )$*=5.*) +=88.78
Aro it Be ore Ta( *)=.9= 7),.=9 1$,18.+= 1$)*7.57 1+5*.+)Aro it ter Ta( 79.1) )85.1* +5).,8 =79.)) *77.18
Total ssets17$=+9.9
+)1$=*9.,
))*$11=.1
++)$*15.,
1 =)5)).85i(ed ssets +,,.=1 )97.)) +,8.1= +5+.71 5)).,,
,.=5@ 1.++@ 1.+5@ 1.=7@ 1.59@; 1*.1,@ ),.8+@ 18.9+@ 19.8)@ ),.)+@
;A' +,.99 =*.91 +*.11 +5.== 5,.,9;nd o year share price >Tk.? 189.75 5==.75 +1).75 )89.)5 ==1.5Capital de-uacy atio 9.,1 9.,5 9.,) 9.78 1,.*1
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
Non per orming Loans as @o Total dvances
9.75 7.87 =.8) =.95 =.17
:olume o Non0per ormingLoans 1$)5+.+5 1$188.=, 981.5= 1$)1).)* 1+5+.+1
dvance 4eposit atio >@? 87.58@ 9=.**@ 95.*,@ 87.*8@ 9+.**@mount o provision againstclassi ied loans 7++.8* *5,.,* =,5.75 5)+.58 *==.11
mount o provision againstunclassi ied loans 118.+= 1+8.9, ),).1= )8).,9 +88.78
,rgan gram of NCC Bank Ltd
Business , $ecti-es of NCCBL
3ake good relationship !ith client / sound investments
3eet capital ade-uacy re-uirement at all the time
;nsure 98@ recovery o all advances
;nsure a satis ied !ork orce
ocus on ee0"ased income
dopt an appropriate management technology
&nstall a scienti ic 3&' to monitor Bank6s activities
1roduct & Ser-ices
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
!. *inance8Loans4
B. *oreign /7c#ange4 Non esident oreign Currency
4eposit ccount >N C4?
Non esident B4T 4eposit
ccount >N T ?
esident oreign Currency
4eposit ccount > C4?
oreign Currency 4eposit
ccount
3oney2ram
D ; ;(change
Alacid ;(press
ra" National Bank > NB?
4haka Hanata
Ea"i" Iatar
l ardan
C. Deposit Sc#eme4
NCC Bank 'pecial 'avings 'cheme>'''?
i(ed Term 4eposit > 4 ?
Page 15 of 30
Cash Credit 'ecured verdra t
Bank 2uarantee Long Term and 'hort term inancing Eouse Building Loan Car Loan 'mall Business Loan
Loan gainst &nvestment &nland Bill Aurchase Lease inance 'chemed Aersonal Loan scheme estival 'mall Business Loan 'pecial Eouse Building Loan Credit Card
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
'hort Term 4eposit >'T4?
'aving Bank ccount >'B C?
Current 4eposit ccount >C4 C?
T+pes of !ccounts
Current Deposit
&nterest ate ,.,,@
&ndividual ccount
Hoint ccount
Aroprietor 'hip ccount
Limited Company ccount
S#ort Term Deposits
&nterest ate 1,.,,@
&ndividual ccount
Hoint ccount
Aroprietor 'hip ccount
Limited company ccount
Page 16 of 30
Sa-ings Deposits &nterest ate *.,,@ &ndividual ccount Hoint ccount Aroprietor 'hip ccount Limited Company ccount
*i7ed Deposit &nterest ate 909.5,@ &ndividual ccount Hoint ccount Aroprietor 'hip ccoun Limited company ccount
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
*i7ed Deposits G
i(ed deposit is one$ !hich is repaya"le a ter the e(piry o a predetermined period i(ed "y
account opener. The period varies orm + months to 1) months. These deposits are not repaya"leon demand "ut they are !ithdra!a"le su"ject to a period o notice. Eence$ it is a popularly
kno!n as JTime 4eposit6 or JTime Lia"ilitiesK. Normally the money on a i(ed deposit is not
repaya"le "e ore the e(piry o a i(ed period.
Interest )ate of *D) at NCCBL
or + months9.5,@
or * months9.)5@or 1) months 9.,,@
The 4 "ecomes rene!ed automatically in NCCBL i the customer does not !ithdra! it a ter
the date o maturity.
C#ecklist of Documents to e , tained for Various T+pes of !ccounts
Sa-ing !ccount4
Collect an ccount opening orm rom the Bank.
ill all the re-uirements o the orm.
Nominee is to "e speci ied i the applicant re-uired.
) copy passport si#e photograph !ith introducer6s signature and account num"er
The account holder sign o his her o!n sel in ront or the speci ic "ank Arinciple icer
in the account opening orm.
National &4 card6s photocopy
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
Current Deposit !ccount G
Collect an ccount opening orm rom the Bank.
ill all the re-uirements o the orm.
Nominee is to "e speci ied i the applicant re-uired Ahotograph is most important or
any account.
National &4 card6s photocopy
Sole 1roprietors#ip4
Ahotograph o signatories attested "y introducer.
Copy o valid Trade License.
T&N Certi icate.
180 permission rom Bangladesh Bank
'ignature !ith "usiness seal
1artners#ip4
'ignature Card
Ahotography o signatories attested "y introducer
Aartnership 4ee
Aartners letter o authority to open account and authori#ation or operation
Copy o valid Trade License
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
180 permission rom Bangladesh Bank
Limited Lia ilit+ Compan+
'ignature Card
Ahotograph o signatories attested "y introducer.
Copy o 3emorandum and rticles o ssociation
Copy o Certi icate o &ncorporation and commencement o "usiness >&n case o pu"lic
Ltd. Co?
Copy o Board esolution to open the account and authori#ation or operation.
List o 4irectors and signatories along !ith addresses
'ignature !ith company seal
!ssociation8Trust8Societ+4
'ignature Card
Ahotograph o signatories attested "y introducer
Copy o esolution o governing "ody to open the account and authori#ation or
operation
Copy o consolation "yla!s rules.
Certi icate o registration
List o authori#ed signatories and mem"ers o the governing "odies along !ith address
Trust 4eed
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
Ser-ices of NCC Bank Ltd.
Brokerage Eouse
3em"er$ 4haka 'tock ;(change Ltd.
ull 'ervice 4epository Aarticipant
Treasury 'ervice
Arimary 4ealer o 2ovt. pproved 'ecurities
emittance 'ervice
Correspondence arrangement !ith more than ++, inancial &nstitutions all over the
orld or age ;arners emittance they have gency arrangement !ith 1) reputed ;(change
Eouses covering major locations.
NCC Bank Card Di-ision
NCC Bank has launched its :isa Credit Card 'ervice on ugust ))$ ),,5 and they are o ering
three types o cards !hich are :isa Classic$ :isa 2old >Local? and :isa 4ual Currency Card
>2lo"ally and locally?. 'ince then !ere a"le to reach 5,,, cards$ "oth corporate and general.
3#+ NCC Bank Credit Card9
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
Lo!est interest rate in the country >)@ per month?
4ual Currency :isa Credit Card
ne supplementary card ree o cost or li etime >'pouse only?
Treasure point acilities including oreign part
'hortest process or 4ual Currency card$ only )= hours
oaming 3o"ile Ahone "ill payment acilities
Dse o additional 1=) T36s Booth and *,, A ' o 4utch0Bangla Bank
T#eir Commitments
They promise the ollo!ing servicesG
4edicated service at client6s door steps
'porty
aster service
'ecurity o cards
Team !ork
Transparency
Iuick decisions
3ide )ange of !cceptance
NCC "ank :isa Credit Card is accepted at over 5$,,, merchant outlets around the country. Their
!ide range o merchants include Eotels$ estaurants$ irline and Travel gents$ 'hopping
3alls$ Eospitals$ He!ellery 'hops$ 3o"ile Ahone and &nternet 'ervice Aroviders$ Aetrol Aumps
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
and many more. No! NCC Bank :isa Credit Cards can also "e used at all 1=) T36s Booth
and *,, A ' >Aoint o 'ale? o 4utch0Bangla Bank.
Instant Cas# !d-ance
Clients do not need to carry cash any more i they have a NCC Bank Credit Card. They can
!ithdra! cash up to 5,@ o their credit limit rom any T3 across the country that sho!s :isa
logo.
Credit *acilities
NCC Bank :isa Credit Card o ers ree Credit acility up to =5 days and minimum o 15 days
!ithout any interest >Aurchase only?.
Supplementar+ Card
NCC "ank :isa Credit Card holder can also enjoy spouse Credit Card ree o cost or li etime
and issue more 'upplementary card
)e%ard 1rograms
s a NCC Bank :isa Credit Card holder$ client !ill accumulate Treasure points or every
purchase made "y using :isa Credit Card. or every Tk. 5, and D'4 1 spent on their Credit
Card and !ill earn 1 and 1.5 Treasure Aoint accordingly and "e closer to redeeming the re!ard
o their choice.
*le7i le 1a+ment ,ption
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
ith the NCC Bank :isa Credit Card$ customer have the convenience to pay as little as 5@ o
their outstanding >or Tk. 5,,$ !hichever is higher? on the Card account every month$ thus having
the po!er and le(i"ility to plan their payments.
!uto:De it 1a+ment *acilit+
ith the NCC "ank Credit Card$ customer no longer has to stand in long -ueues or paying their
monthly "ill. They can pay their monthly "ill through NCC Bank ccount "y instruction uto0
4e"it.
Corporate Visa Credit Card
The ne! dimension o NCC Bank :isa Credit Card is Corporate Credit Card !hich has already
started to "ene it the Corporate Eouses.
, $ecti-e of Corporate Customers
ast and ccurate 'ervices
; ective Communication
ttractive Aricing > nnual ee 5,@ discount on card ee?
'trong Communication
'miling aces o the Bankers
2ood m"ience in the Bank
Balance Transfer *acilities
& anyone holds other Bank Credit Card$ then NCC Bank !ill issue a credit card !ith e-uivalent
limit and !ill issue a pay order "y de"iting card C rom "alance trans er option or the
e-uivalent amount o total outstanding in order to ull settlement and cancellation o other Bank
C.
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
)emittance 1roducts
'pecial &nterest rate on 'avings and Term 4eposits
age ;arners el are 4eposit Aension 'cheme
Loans or eal ;state >Land purchase and Eouse construction renovation?
dvance against egular emittance
Indicati-e )ates
4eposit Aroducts
'avings Bank 4eposit C ,*.,,@
'hort Term 4eposit C 1,.,,@
'pecial 'avings 'cheme 1).1,@
4 MThree 3onth 9.5,@
4 M'i( 3onth 9.)5@
4 M ne Oear 9.,,@
!d-ance 1roducts
National Credit and Commerce Bank Limited is a ne! generation Bank. &t is committed to
provide high -uality inancial services products. Bank is a service oriented industry and deals
!ith various inancial products. dvance inancial products o NCCBL are mainly categori#ed
as under ? is a loan account in avoring o NCCBL6s client !ho has also a deposited account in
NCCBL such as 'pecial 'aving 'cheme or i(ed 4eposit eceipt. They collect loan rom this
account 8,@ o total amount o their deposit account !ithout any collateral. The interest rate is
1=@ or this account.
S,D 5;6 Secured ,-er Draft 5;eneral6
This is also a loan account. The loan collector can collect loan rom this account "y lean their
!ork order !ith the "ank. The "ank give the guarantee on "ehal o loan collector to the
"ene iciary company that they !ill give the amount o money o this !ork order i the collector
are ailed. Then the "ank gives 8,@ o total value o the !ork order. nd a ter completed some
portion o the !ork !hen the loan collector get irst payment o this !ork rom the "ene iciary
company then he she give it to the "ank. By the end o the last payment !ith interest the loan
collector can close their ' 4 > ? account. Eere the interest rate is 1=@ and commission is
1,,, taka or processing ee.
CC 5 +pot#ecation6
The mortgage o mova"le property or securing loan is called hypothecation. Eypothecation is a
legal transaction !here "y goods are made availa"le to the lending "anker as security or a de"t
!ithout trans erring either the property in the goods or either possessing. 'ince the goods al!ays
remain in the physical possession o the "orro!er$ there is much risk to the "ank. 'o$ it is granted
to parties o undou"ted means !ith highest integrity. &nterest rate is 1*@.
CC 51ledge6
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
&n case o pledge$ the "ank ac-uire the possession o the goods or a right to hold goods until the
repayment o loan and "ankers have special right to sell a ter due notice to the "orro!er in the
event o non0repayment. &nterest rate is 1*@.
Term loan4
ouse Building Loan
This loan is provided against 1,,@ cash collateral$ "esides< the land / "uilding are also
mortgaged !ith the "ank. &nterest rate is 1*@ p.a. overdue installment o this loan is o"liged to
pay very shortly.
Lease *inance
This type o inancing are usually provided to transportation sector. No! a day this Lease
inancing is one o the popular inancing projects. ate o interest is 15@.
Loan under SM/
Consumer Credit Sc#eme
This scheme is aimed to attract consumers rom the middle and upper middle class population
!ith limited income. The "orro!er should have saving or current deposit account !ith the "ank.
3inimum )5@ o the purchase cost o the product is to "e deposited "e the "orro!er !ith the
"ank is e-uity "e ore the dis"ursement o the loan. The rest 75@ is to "e kept as cash collateral!ith the "ank.
3orking capital loan
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
Loans allo!ed to the manu acturing unit to meet their !orking capital re-uirement$ irrespective
o their si#e "ig$ medium or large all under the category.
ouse )epairing8)eno-ation Loan
This loan is o ered or renovation and moderni#ation o the house "uilding lat. The genuine
residential o!ners can avail this kind o loan. Loan can "e repaid "y monthly e-ual installments
including interst !ithin ma(imum 5 years. &nterest rate is 1*@.
Small Business Loan
This loan is o ered to the small and promising entrepreneurs to meet their capital re-uirement
and ena"le them to operate and e(pand the "usiness purposely. The range o this type o loan is
one to ive lac taka.
1ersonal Loan
This loan is provided to salaried persons in various organi#ations to meet any emergency cash
needs. &nterest rate is 15@ p.a. and ma(imum credit ceiling is Tk1$ ,,$,,, 0
Loan sanctioning 1rocedure in NCC Bank Ltd
4ocuments re-uired or the proposal o loan
1. e-uest or credit limit o customer
). Aroject pro ile o pro ile o "usiness
+. Copy o trade license duty attested
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NCC Bank Limited [OVERALL BANKING SYSTEM
OF NCCBL ]
=. Copy o T&N >Ta( &denti ication Nu""er? certi icate
5. Certi icate copy o 3emorandum and eticles o ssociation$ certi icate o
incorporation$ certi icate o commencement o "usiness$ resolution o the "oard$
partnership deed >!here applica"le?
*. Aersonal net !orth statement o o!ner$ directors$ partners etc
7. :aluation certi icate o the collateral security in "ank6s orm !ith photograph security
8. C&B >Crediot in ormation Bureau? in-uary orm duly illed in > or Aroposal 1, lac?
9. 'tock report duly veri ied >!here applica"le?
1,. &ndent Aro orma invoice Iuotation
11. Arice veri ication report
1). 'tatement o accounts
1+. 4eclaration o the name o the sister consern and their lia"ility
Steps In-ol-ed on t#e Sanctioning a Loan
1. The applicant needs to apply in prescri"ed application orm
There are three prescri"ed orms as illed up$ these are icer?$ NCC Bank Ltd$ 3irpur Branch
). 3rs. Tania > icer?$ NCC Bank Ltd$ 3irpur Branch
+. 3d. "u Oousu $ 3anaging 4irector$ Aaci ic urnishers Ltd
=. !!!.ncc"ank.com."d