Bangladesh Bank has increased the maximum loan limit against credit cards to Tk 4 million, up from the previous Tk 2.5 million. The central bank also raised the unsecured loan ceiling to Tk 2 million from Tk 1 million. The Banking Regulation and Policy Department issued a guideline on Sunday outlining these changes.

According to the guideline, the use of credit cards in Bangladesh is steadily rising due to convenience, improved security, more electronic point-of-sale terminals, and various incentives from issuers. Bangladesh Bank stated that the updated framework aims to ensure safe, secure, and efficient credit card operations while promoting digital payments.

The new directives are designed to strengthen risk management, encourage responsible lending, and enhance financial discipline among cardholders. Bank officials noted that the higher limits could increase lending volumes and profitability for banks, though they also acknowledged a potential rise in credit risk.