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Pros

Long-established bank with a history since 1985
Wide range of retail and corporate banking services
Strong digital and mobile banking platforms

Cons

No regulatory oversight for forex or investment services
Complex fee structure that may confuse customers
Suspicious regulatory license and potential high risk associated with services

NCC Bank broker Accounts

NCC Bank Account Type

NCC Bank offers a variety of account types to cater to the diverse needs of its customers. These include:

  • Retail Banking Accounts:
    • Savings Account: Minimum deposit of BDT 500, with interest rates applicable.
    • Current Account: Minimum deposit of BDT 1,000, designed for individuals and businesses requiring frequent transactions.
    • Fixed Deposit Account: Allows customers to deposit money for a fixed term, with attractive interest rates based on the duration of the deposit.
    • Corporate Banking Accounts:
      • Corporate Current Account: Tailored for businesses, offering various transaction facilities.
      • SME Accounts: Specifically designed for small and medium enterprises, providing specialized financial products.
      • Digital Banking Accounts:
        • NCC Always Account: A digital banking account that provides online banking services, allowing customers to manage their finances conveniently.
        • Loan Accounts:
          • Home Loan Account: For individuals looking to finance their home purchases.
          • Car Loan Account: Designed for customers seeking to finance vehicle purchases.

          NCC Bank Broker Account Opening Process

          Opening an account with NCC Bank involves a straightforward process. Here are the steps to follow:

          • Choose Account Type: Determine the type of account you wish to open based on your needs (e.g., savings, current, fixed deposit).

          • Visit a Branch: Locate the nearest NCC Bank branch. You can find branch locations on the bank's official website.

          • Documentation: Prepare the required documents, which typically include:

            • Valid identification document (e.g., citizenship certificate, passport, driving license).
            • Recent passport-sized photographs.
            • Proof of address (e.g., utility bill, rental agreement).
            • Fill Out Application Form: Obtain and complete the account opening application form, ensuring all information is accurate.

            • Submit Application: Visit the branch during working hours and submit the completed application along with the required documents.

            • Verification Process: The bank will verify the information provided and the authenticity of the submitted documents.

            • Initial Deposit: Depending on the account type, you may need to make an initial deposit to activate the account. The required amount varies based on the account type.

            • Account Activation: Once verification is complete and the initial deposit is made, your account will be activated, and you will receive your account details, including the account number and any relevant documents.

            • By following these steps, you can successfully open an account with NCC Bank and start enjoying their banking services.

NCC Bank accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
NCC Bank Account