

Mercantile Bank VISA Gold Local Credit Card
A Smart Local Gold Card for eligible persons
Key Product Features
Interest Rate |
27.00% |
---|---|
Minimum Monthly Income |
BDT 35000 |
Balance Transfer |
Yes |
Annual Fee | BDT 1500 |
Fees and Charges
Over limit fee N/A Fee for supplementary holder BDT 750 |
Vat on fees and charges 15% Late Payment fees 250 |
Other Charges Cash advance charges N/A Cash advance interest charges N/A Cheque Advance / Withdrawal Charge After 45 days1.50% processing fee will be charged on total credit amount for one time. Return cheque fee N/A Card Replacement fee : BDT 500 and First Supplementary Card is free of cost. |
Other Features
Islamic/Conventional | Conventional |
---|---|
Credit Limit | Min: BDT 100000 Max: BDT 300000 |
Cash Advance / Withdraw Amount | 50% of total credit limit within 24 Hours a day. |
Cash back limit (Max) | N/A |
Reward points |
N/A Expires: N/A |
Protection Plan / Insurance Coverage | N/A |
InstaBuy / Installment Features | N/A |
Airport | Lounge access: N/A Luggage service: N/A Other service: N/A |
Eligibility
Min. Age Requirement: 21Years
Min. Monthly Income: BDT 35000
Employment Eligibility
Min. Monthly Income: BDT 35000
Employment Eligibility
- Salaried Employee
- Self Employed/Businessman
- Land Owner
Documents requirements
Salaried person:
- Filled Application Form
- Photo of the applicant.
- Copies of E-Tin, Passport & Salary Certificate.
- Bank Statement (Last 6 Month)
- Visiting Card
- Spouse Pone
- Office ID
- Holding Tax Paying Reaccept/ Utility bill copy
- Two relatives reference with full address & phone number.
Business Person:
- Filled Application Form
- Photo of the applicant.
- Copies of E-Tin, Passport
- Partnership Deed
- Bank Statement (Last 6 Month)
- Spouse Pone
- Holding Tax Paying Reaccept/ Utility bill copy
- Two relatives reference with full address & phone number.