Blog onPersonal Financefor Bangladesh
Everything you need to start saving and investing in Bangladesh, explained simply — the Universal Pension Scheme, provident fund and gratuity, the Deposit Insurance Scheme, the CIB, home loans and credit cards. Pick a topic below and you are away.
What is a savings account and how much does it pay?
A savings account keeps your money safe and pays interest that changes over time. How the interest, the 10% TDS and the Deposit Insurance Scheme work — and when a savings account is enough.
Read the full article →What is compound interest and how does it work?
Compound interest is return on your return — the engine behind long-term saving. Here is the formula, how big a role time plays, and how to use the rule of 72.
Read the article →Investing in Bangladesh: a guide for beginners
From a savings account to unit trusts, a provident fund and shares on the DSE — a step-by-step guide for anyone who wants to start investing in Bangladesh from scratch.
Read the article →What are unit trusts and mutual funds, and how do you choose?
Equity funds, balanced funds, money-market funds and bond funds — how the different types work, what the management fee means over time, and how to avoid the expensive options.
Read the article →Savings accounts, fixed deposits and bond funds compared
For money that needs to stay safe there are several routes — savings accounts, fixed deposits and bond funds. How they differ in risk, return, access and tax.
Read the article →What is the Deposit Insurance Scheme and what does it protect?
The DIS protects your money in a bank or housing finance company if it fails — up to Tk 2 lakh per depositor, per bank. How it works, and how much is covered.
Read the article →State bank, private bank, NBFI or mobile money: where to keep your account
State-owned banks have the widest reach, private banks the better apps and service, NBFIs pay more on deposits with more risk, and bKash/Nagad handle everyday payments. How to weigh them.
Read the article →How to choose your first bank account in Bangladesh
Your everyday account is the hub of your money. How to compare fees, the debit card, the app, bKash, minimum balances and online banking — and avoid the costs that slip past.
Read the article →What is a credit report and the CIB in Bangladesh?
Before any bank loan, the lender pulls your CIB report from Bangladesh Bank. How the CIB works, the loan classifications (Standard, SMA, Substandard…), what stays on your file, and how to see your own report.
Read the article →How credit cards work in Bangladesh
The grace period, the statement, the minimum payment and interest — how a credit card works step by step, and how to use it without it costing you a lot.
Read the article →The interest rate and the cost of credit: how to compare loans in Bangladesh
Bangladesh does not have a single mandated APR figure, but lenders must disclose the interest rate and all fees. How to add them up and compare loans, cards and hire purchase fairly.
Read the article →Credit card, debit card or mobile money: which should you use?
A debit card and bKash take the money straight away; a credit card gives a grace period and stronger purchase protection. How to choose for everyday spending, online and travel.
Read the article →The Universal Pension, provident fund and gratuity
Bangladesh has no automatic contributory state pension for private-sector workers. What you get instead — a provident fund, gratuity, and the voluntary Universal Pension Scheme — and how they fit together.
Read the article →Emergency fund: how much do you need?
An emergency fund of 3-6 months of expenses protects you from unexpected costs without expensive debt. Bangladesh has no unemployment benefit, so it matters even more. How to work out your figure and build it.
Read the article →Financial independence: how to calculate your number
Financial independence means your investment returns cover your spending. How to use the 4% rule, how much your savings rate matters, and how to account for tax, inflation and the absence of a state pension.
Read the article →How income tax and payroll deductions work in Bangladesh
The tax-free ceiling, the 5% to 30% slabs, minimum tax, TDS on your salary, and the investment tax rebate — an overview of what comes out of your pay and what you can claim.
Read the article →Home loans, BHBFC and buying a flat in Bangladesh
How a home loan (bank, housing finance company or BHBFC) works, the deposit and rate to expect, and the heavy registration and transfer costs a buyer pays.
Read the article →What happens if you lose your job in Bangladesh
Bangladesh has no unemployment benefit. What compensation the Labour Act gives on retrenchment or termination, your gratuity and provident fund, and why an emergency fund is the main safety net.
Read the article →18 articles available · Informational content, not financial advice.