Add Money from Bank to Nagad Islamic

To ensure faster and improved Shariah-compliant and Interest-free transaction service, Nagad Islamic, the Digital Financial Service of Bangladesh Post office, has brought the “Bank to Nagad Islamic” Add Money Feature. From now on, Bank’s Internet Banking users can “Add Money” to any Nagad Islamic Account without any charge whenever they want.

From now on, you can “Add Money” to your Nagad Islamic account without any charge, whenever you want. You can use this feature to make Add Money 5 times a day amounting from 50 Taka to the maximum of 30,000 Taka. In this way, you can make Add Money up to 20 times a month for up to a total of 200,000 Taka.

Currently, you can instantly transfer money from the internet banking services of the following Islamic Banking Organizations. Click on your desired bank from the list to go to the respective bank’s Internet Banking Portal.

Islamic Banking Organizations:

• Islami Bank Bangladesh PLC
• Social Islami Bank PLC
• Shahjalal Islami Bank PLC
• Export Import Bank of Bangladesh PLC
• First Security Islami Bank PLC
• Union Bank PLC
• Standard Bank PLC
• Prime Bank PLC
• Dhaka Bank PLC
• The Premier Bank PLC
• The City Bank PLC
• AB Bank PLC
• NRB Bank PLC
• Trust Bank PLC
• Midland Bank PLC
• Mutual Trust Bank PLC
• South Bangla Agriculture and Commerce Bank PLC
• Meghna Bank PLC

Other Banking Organizations:

• Rajshahi Krishi Unnayan Bank (RAKUB)
• Mercantile Bank PLC
• Bangladesh Development Bank PLC
• NRBC Bank PLC
• IFIC Bank PLC
• Padma Bank PLC
• National Bank PLC
• Bengal Commercial Bank PLC
• Southeast Bank PLC
• Community Bank PLC
• NCC Bank PLC
• United Commercial Bank PLC
• Sonali Bank PLC
• Modhumoti Bank PLC
• Janata Bank PLC
• Basic Bank PLC
•  Jamuna Bank PLC
• Shimanto Bank PLC
• Bank Asia PLC
• Pubali Bank PLC
• Citizen’s Bank PLC
•  Bangladesh Commerce Bank PLC
• Agrani Bank PLC
•  Prime Bank PLC
•  EXIM Bank PLC

Adding Beneficiary:

1. Tap the “Add Money” icon from Nagad Islamic App home screen
2. Select “Bank to Nagad Islamic”
3. Select the Bank name
4. Log in to Bank’s internet banking portal (app / web)
5. Click “Add Beneficiary” or “Manage Beneficiary” under Fund Transfer / Transfer to Nagad Islamic account
6. Add Nagad Islamic Account as a beneficiary by following the steps
7. Now fund can be transferred to the added Nagad Islamic beneficiary Account

How to “Add Money” from Bank to Nagad Islamic Account:

1. Tap the “Add Money” icon from Nagad Islamic App home screen
2. Select “Bank to Nagad Islamic”
3. Select the Bank name
4. Log in to Bank’s internet banking portal (app/ web)
5. Select fund transfer/transfer to Nagad Islamic
6. Select ‘Nagad Islamic’ Account from the beneficiary list
7. Select Bank Debit / From Account
8. Type the amount and state the reason
9. Type OTP
10. Click on the confirm button
11. You will receive a confirmation SMS upon successful transfer

Special Note:

• “Bank to Nagad Islamic” Add Money service is completely free
• Nagad Islamic is completely an Interest-free MFS account. Its operation is in accordance of the supervision of Shariah Supervisory Committee
• You can also “Add Money” to any Nagad Islamic Account from outside the country using Bank’s internet banking app/web. However, the Nagad Islamic App can only be used in Bangladesh