How to open a Nagad account?

Table of Contents

To open a Nagad account, follow these steps on mobile apps:

Step 1: Download the Nagad App from the Play Store or App Store.

Step 2:

Select your National Identity Card (NID) type.
Upload images of both sides of your National Identity Card (NID).
Take a selfie.
Read and accept the terms and conditions.
Provide your signature.

Step 3: Review all the provided information and start enjoying Nagad services!

Terms and Conditions:

Nagad offers the lowest cash-out charges in the country.
Sending money and paying bills is free of cost.
Nagad provides the highest profit rate for the amount available in the account.
Exciting mobile recharge offers are available.
Hassle-free payment options are provided.
Nagad or its authorized representatives will never ask for your One-time Password (OTP) or Personal Identification Number (PIN).
No payments should be made to anyone on behalf of Nagad.
Nagad will only contact you using the numbers 16167 or 096 096 16167. If you receive any other call claiming to be from Nagad, verify its authenticity by calling back these numbers.
Nagad is not liable for any losses or damages resulting from actions by third parties.
In case of disputes, customers should contact Nagad through the hotline numbers: 16167 or 096 096 16167.
In case of discrepancies between the English and Bangla versions of the terms and conditions, the English version prevails.

To open a Nagad account, follow these steps using USSD code:

Opening a ‘Nagad’ account using USSD code is a convenient and hassle-free process. Here are the steps you need to follow:

Dial *167# from your mobile phone.
Set your 4-digit PIN when prompted. Make sure it’s a PIN that you can remember easily but is not easily guessable by others.
Confirm your PIN by typing it again.
Choose whether you want to opt for profit entitlement.

Once you’ve completed these steps, your ‘Nagad’ account will be ready to use. Here are some terms and conditions associated with opening a ‘Nagad’ account:

‘Nagad’ offers the lowest cash-out charge in the country.
Send money facility is free of cost.
Bill payment facility is also free of cost.
‘Nagad’ offers the highest profit rate for the amount in your account.
Exciting mobile recharge offers are available.
Hassle-free payment offers are provided.

It’s important to note some key points:

‘Nagad’ or its authorized representatives will never ask you to disclose your One-time Password (OTP) or Personal Identification Number (PIN).
They will not ask you to make any payment to anyone.
If you receive a call claiming to be from ‘Nagad’, ensure it’s authentic by calling back on either 16167 or 096 096 16167.
‘Nagad’ will not be responsible for any loss or damages arising from actions of third parties.
In case of disputes, customers should contact ‘Nagad’ through their hotline numbers: 16167 or 096 096 16167.
In case of conflicts between the English and Bangla versions of the terms and conditions, the English version prevails.

Nagad transaction limits and charges

Send Money:

Daily Transaction Amount Limit: Tk 25,000
Daily Transaction Count Limit: 50
Monthly Transaction Amount Limit: Tk 200,000
Monthly Transaction Count Limit: 100
Minimum Transaction Amount: Tk 10
Maximum Transaction Amount: Tk 25,000

Cash Out:

Daily Transaction Amount Limit: Tk 25,000
Daily Transaction Count Limit: 15
Monthly Transaction Amount Limit: Tk 150,000
Monthly Transaction Count Limit: 150
Minimum Transaction Amount: Tk 50
Maximum Transaction Amount: Tk 25,000

Cash In:

Daily Transaction Amount Limit: Tk 30,000
Daily Transaction Count Limit: 15
Monthly Transaction Amount Limit: Tk 200,000
Monthly Transaction Count Limit: 150
Minimum Transaction Amount: Tk 50
Maximum Transaction Amount: Tk 30,000

Mobile Recharge:

Daily Transaction Amount Limit: Tk 100,000
Daily Transaction Count Limit: 50
Monthly Transaction Amount Limit: Tk 100,000
Monthly Transaction Count Limit: 1,500
Minimum Transaction Amount: Tk 10 for Teletalk, Tk 20 for other networks
Maximum Transaction Amount: Tk 50,000 (Pre-paid & Skitto mobile recharge – Max. Tk 1,000)

Remittance:

Daily Transaction Amount Limit: Tk 256,250 (including 2.5% Govt. Incentive)
Daily Transaction Count Limit: 15
Monthly Transaction Amount Limit: Tk 1,000,000 (including 2.5% Govt. Incentive)
Monthly Transaction Count Limit: 60
Minimum Transaction Amount: Tk 50
Maximum Transaction Amount: Tk 256,250 (including 2.5% Govt. Incentive)

Transfer Money:

Daily Transaction Amount Limit: Tk 50,000
Daily Transaction Count Limit: 50
Monthly Transaction Amount Limit: Tk 300,000
Monthly Transaction Count Limit: 100
Minimum Transaction Amount: Tk 10
Maximum Transaction Amount: Tk 50,000

Add Money from Bank & Card:

Daily Transaction Amount Limit: Tk 50,000
Daily Transaction Count Limit: 25
Monthly Transaction Amount Limit: Tk 300,000
Monthly Transaction Count Limit: 100
Minimum Transaction Amount: Tk 50
Maximum Transaction Amount: Tk 50,000

Bill Pay:

Charges vary depending on the category and biller name. For example, for electricity bills, charges range from Tk 5 to Tk 25, based on the bill amount. Gas and water bill charges are typically 0.90% of the bill amount, with maximum charges varying between Tk 5 and Tk 30.

Please note that these limits and charges are subject to change and may vary depending on the specific terms and conditions of Nagad’s services.