BRPD Circular No. 06: Prudential Regulations for Consumer Financing (Credit Card)

The document replaces the age stipulation in Credit Card PPG Guideline No.2 to resolve inconsistencies regarding customer age limits. It establishes that primary cardholders must be 18 years or older, while supplementary cardholders must be 18 or older, with a relaxation to 16 years permitted for students directly dependent on the principal cardholder. All other instructions within the referenced guidelines remain unchanged.

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Website: www.bb.org.bd
Banking Regulation and Policy Department
Bangladesh Bank
Head Office
Dhaka-1000
20 June, 2018
BRPD Circular No- 06 Date:-------------------------- 06 Ashar, 1425 Chief Executives All Scheduled Banks in Bangladesh Dear Sir, Prudential Regulations for Consumer Financing (Credit Card). Please refer to Appendix-XX (Product Program Guideline-Credit Card) of Prudential Guidelines for Consumer Financing & Small Enterprise Financing, circulated vide BRPD Circular no-07; dated 03 November, 2004 and Section-8(a) & Section 10(a) of ‘Guidelines on Credit Card Operations of Banks’ circulated vide BRPD Circular no-07; dated 11 May, 2017.
02. To remove the inconsistency in terms of age limit of customers stipulated in the
above guidelines, it has been decided to replace the Credit Card PPG Guideline No.2-Age (BRPD Circular no-07/2004) which will now stand as under:
For Primary Card - 18 years and above
For Supplementary Card - 18 years and above, the age may be relaxed to 16 years for students who are directly dependent on the Principal Cardholders.

All other instructions mentioned in the above Guidelines will remain unchanged.

Yours sincerely,
(Abu Farah Md. Nasser)
General Manager
Phone: 9530252

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Lineage: Superseded

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Timeline

Amended 1 time · last 2026-03-15

2026-03-15BBGuidelines on Credit Card Operations of Bankssupersedes

Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works