Base Rate
In compliance with the DFIM Circular # 6 “Guidelines on the Base Rate System for Non-Bank Financial Institutions” issued by Bangladesh Bank on August 20, 2013, Meridian Finance reviews the Base rate on a monthly basis. Base rate is the minimum rate below which it is not viable for a Non-Bank Financial Institution to lend in the market. As per the Base Rate Guideline, the actual lending rates charged to the borrowers would be the Base Rate plus borrower-specific charges, which would include product-specific operating costs, risk premium and tenor premium.
The Base Rate of Meridian Finance is exhibited at all branches (Corporate Head Office, Principal Branch, Chattogram, Gazipur & Bogura) along with website and the determination and application of this Base Rate is in accordance with the Base Rate Guidelines of Bangladesh Bank for being transparent in the pricing of floating rate lending products.
| Month | Regular | Adjusted |
| Dec 2022 | 11.65 % | 12.07 % |
| Nov 2022 | 11.71 % | 12.14 % |
| Oct 2022 | 11.85 % | 12.25 % |
| Sep 2022 | 11.78 % | 12.24 % |
| Aug 2022 | 11.54 % | 11.98 % |
| Jul 2022 | 11.56 % | 11.70 % |
| Jun 2022 | 12.27 % | 12.83 % |
| May 2022 | 12.55 % | 13.07 % |
| Apr 2022 | 12.87 % | 12.99 % |
| Mar 2022 | 12.84 % | 12.98 % |
| Feb 2022 | 12.87 % | 13.01 % |
| Jan 2022 | 12.89 % | 13.02 % |
| December 2021 | 13.22 % | 13.64 % |
| November 2021 | 13.21 % | 13.61 % |
| October 2021 | 13.26 % | 13.67 % |
| September 2021 | 13.35 % | 13.75 % |
| August 2021 | 13.43 % | 13.82 % |
| July 2021 | 13.52 % | 13.90 % |