How the loan works
The bKash Digital Nano Loan — also called Pay Later — is a City Bank loan you take inside the bKash app. You can borrow ৳500–50,000 and repay it over 3 or 6 months. About 99% of borrowers repay within 3 months.
What a loan costs — worked examples
| Loan | Tenure | Interest | Total to repay | Monthly instalment |
|---|---|---|---|---|
| ৳10,000 | 3 months | 450.00 | 10,450.00 | 3,483.33 |
| ৳10,000 | 6 months | 900.00 | 10,900.00 | 1,816.67 |
| ৳50,000 | 3 months | 2,250.00 | 52,250.00 | 17,416.67 |
City Bank told The Business Standard (July 2026) that borrowing ৳10,000 means repaying about ৳10,400 over 3 months. The same loan at 18% in this calculator comes to ৳10,450 — close to the published example. The small gap is because the exact calculation method is shown in the app.
Processing fee, late payment and early repayment
- Processing fee: 0.575% of the loan amount (0.5% + VAT), deducted upfront. On ৳10,000 that is ৳57.50, so you receive ৳9,942.50.
- Late penalty: 0.50% a year on the overdue amount.
- No early-settlement charge — repay early and you pay interest only for the period the loan remains outstanding.
Who can get it
- Biometric e-KYC with your NID.
- An active bKash account with regular usage.
- Your limit is set by an automatic credit assessment — the loan is offered to a limited group of customers.
Common questions
Is the result on this page exact?
No — it is an estimate using flat simple interest on the full amount. Interest accrues daily on the outstanding balance, and the exact instalment is shown in your bKash app before you accept.
Can I repay early?
Yes — there is no early-settlement charge, and you pay interest only for the period the loan remains outstanding.
What happens if I pay late?
A late penalty of 0.50% a year applies to the overdue amount.
Does everyone get this loan?
No — it is offered to a limited group of customers, and your limit depends on an automatic credit assessment of your bKash usage.