MIDAS Financing PLC

Bangladesh Bank Hotline No: 16236

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Monthly Base Rate

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, MFL reviews the Base rate on a monthly basis which is approved by the Asset Liability Management Committee (ALCO).

The Base rate of MFL is exhibited at all branches along with on the website for being transparent in the pricing of floating rate lending products.

Month	Regular	Adjusted
January 2023	11.76%	11.78%
February 2023	11.41%	11.42%
March 2023	11.45%	11.47%
April 2023	11.52%	11.53%
May 2023	11.43%	11.44%
June 2023	11.62%	11.63%
July 2023	11.70%	11.71%
Aug 2023	11.38%	11.39%
Sep 2023	12.42%	12.43%
Oct 2023	14.11%	14.13%
Nov 2023	14.35%	14.37%
Dec 2023	14.99%	15.01%
Jan 2024	13.00%	13.02%
FEB 2024	12.88%	12.90%
MARCH 2024	13.63%	13.65%

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