bKash Personal Retail Account opening is completely free. You can also open a bKash personal retail account if you are 18 years old.
Some important documents will be needed including NID for opening a bKash personal retail account. Let’s learn in detail about a bKash personal retail account.
What is a bKash Personal Retail Account?
Introducing the bKash Personal Retail Account, a swift and seamless solution designed exclusively for small traders, floating entrepreneurs, and online-based business enthusiasts.
Open your account effortlessly, and enjoy the ease of accepting payments from over 5 crore bKash customers, 24/7, while efficiently managing your business finances.
With a generous transaction limit of Rs 30,000 per transaction, all you need to get started is a valid national identity card and proof of mobile number ownership.
bKash Personal Retail Account Facility
The bKash Personal Retail Account offers a range of benefits tailored to your convenience and business needs:
- You can open a bKash Personal Retail Account from the comfort of your home through a designated agency or via the self-registration process.
- There’s no requirement for a trade license to open a bKash Personal Retail Account, making it accessible to a broader range of entrepreneurs.
- You can open a personal retail account with a new mobile number using the same identity card alongside your personal bKash account.
- Customers can make payments to you through their Bkash app, by dialing *247#, or utilizing payment gateways and payment links.
- As a personal retail account holder, you have the flexibility to send money to any bKash customer.
- You can withdraw money at your convenience through BKash Agents or authorized ATMs.
- Personal Retail Account Holders can send money to other Personal Retail Account Holders or any bKash merchant for business purposes. You can also utilize the bKash Merchant App and other payment platforms to facilitate business growth.
Who Can Open a bKash Personal Retail Account?
To be eligible to register for a bKash Personal Retail Account, you need to meet the following criteria:
- Bangladeshi Citizenship: You must be a citizen of Bangladesh.
- Age Requirement: You must be 18 years of age or older.
- National Identity Card: You must possess a valid National Identity Card.
- Business Profile: You should fall into the category of a small, micro, or marginal trader.
Meeting these criteria will enable you to register for a bKash Personal Retail Account and enjoy its benefits for your business and financial needs.
Required Document to Open a bKash Personal Retail Account
To register for a bKash Personal Retail Account, you’ll need to have the following:
- Valid Mobile Number
- National Identity Card
- Photo
How to Open a bKash Personal Retail Account Step-by-Step
Here is a step-by-step guide for registering a bKash Personal Retail Account:
- Start by visiting the Bkash Personal Retail Account website.
- Here, you can find all the information related to the Personal Retail Account, including conditions and transaction limits.
- In this step, you need to fill out your personal information in English.
- This includes your name, parent’s name, spouse’s name, national identity card number, date of birth, gender, occupation, and source of income.
- Additionally, specify your monthly income and click on the ‘Submit’ button.
- On the next page, provide the OTP provided on your mobile phone.
- Finally, provide an email address and a contact mobile number, and then click ‘Continue’ to proceed.
- In this step, provide information about your nominee.
- If your parents are your nominee, no additional information is required.
- However, if your parents are not your nominees, provide accurate details about your nominee to avoid application rejection.
- In the final step, you’ll need to upload certain documents.
- This includes a photograph of yourself, the front and back of your National Identity Card, proof of ownership of your SIM, and a screenshot of your website or Facebook page (if applicable).
- You may also provide a copy of a utility bill (optional).
- After uploading these documents, click ‘Submit’
- If you’ve completed the application correctly, you will receive a congratulatory message and a notification will be sent to your mobile phone containing your application ID.
- The bKash team will then verify your application, and you will be informed whether your application has been approved or canceled.
Also, know about the bKash to Bank Fund Transfer Process
Checking bKash Personal Retail Account Registration Status
- Visit the bKash Personal Retail Account page.
- Click on the ‘Check Status’ option.
- Provide your mobile number and the application ID you received via message after completing your application.
- Click ‘Submit’ to check the status of your application. You can determine whether your application has been approved or rejected.
Setting up your PIN
To set up a PIN for your bKash Personal Retail Account, follow these steps:
- Dial *247# from your mobile phone.
- Select the ‘Activation’ mobile menu option by sending ‘1‘
- Choose a 5-digit PIN for your account.
Once the PIN is set, your bKash Personal Retail Account will be activated. Ensure you complete this step within 24 hours of receiving the message on your phone.
Address Verification for bKash Personal Retail Account
To complete the address verification process for your bKash Personal Retail Account, follow these steps:
- You will receive a letter from bKash for address verification. Typically, this letter will arrive at the address you provided within 1-2 working days. In case the letter doesn’t arrive, contact your local post office for assistance.
- When you receive the letter, open it to find a code and a link provided.
- Visit the address verification page by following the link in the letter or by clicking on the provided link.
- On the verification page, enter your mobile number, the code sent by bKash, and your date of birth.
- Click the “submit” button to verify your address.
Completing these steps will ensure that you can successfully check your application status, set up your PIN, and complete the address verification process for your bKash Personal Retail Account.
bKash Cash Out Using Agent Account
- Step 1: Dial *247# on your mobile phone.
- Step 2: Select option 3 for “Agent Cash Out.”
- Step 3: Enter the agent’s account number.
- Step 4: Enter the amount you want to cash out.
- Step 5: Enter a reference for the transaction.
- Step 6: Confirm the Cash Out by following the instructions on your screen.
- Step 7: You will receive an SMS notification from the sender and the recipient detailing the transaction, including the amount, reference, fee (if any), balance, and transaction ID.
bKash Receiving Money from a Merchant
Step 1: You will receive an SMS notification with the following details:
- Sender: <merchant name>
- Amount: Tk <amount>
- Reference: <reference>
- Fee: Tk <fee>
- Balance: Tk <curr_bal>
- Transaction ID: <trxRef>
- Date and Time: <DD/MM/YYYY hh:mm>
These steps provide guidance on cashing out using an agent account and receiving money from a merchant, along with the respective SMS notifications you may receive during these transactions.
ATM Cash Out From bKash
Introduction: ATM Cash Out allows you to withdraw cash from your bKash account through ATM machines conveniently.
- Step 1: Dial *247# on your mobile phone.
- Step 2: Select option 4 for “ATM Cash Out.”
- Step 3: Enter your bKash Mobile Menu PIN to request ATM Cash Out.
- Step 4: Enter the Security Code received through SMS.
- Step 5: Follow the instructions provided at the ATM to complete the transaction.
Charges: ATM Cash Out is generally free for customers. However, some ATM operators may charge a separate fee for cash withdrawals. Please check with the specific ATM operator for their fee structure.
Checking bKash Balance
Introduction: Checking your bKash account balance is a simple and essential feature to keep track of your financial transactions.
- Step 1: Dial *247# on your mobile phone.
- Step 2: Select option 5 for “My bKash.”
- Step 3: Select option 1 for “Check Balance.”
- Step 4: Enter your Menu PIN when prompted.
- Step 5: You will receive an SMS with your current bKash Account balance and available balance.
Charges: Checking your bKash balance is free of charge.
Requesting Statement
Introduction: Requesting a statement helps you review your recent transactions and financial activity in your bKash account.
- Step 1: Dial *247# on your mobile phone.
- Step 2: Select option 5 for “My bKash.”
- Step 3: Select option 2 for “Request Statement.”
- Step 4: Enter your Menu PIN when prompted.
- Step 5: You will receive an SMS with the latest transactions in the specified format, including merchant payments, M2D transfers, D2M transfers, and other transaction details.
Charges: Requesting a statement is free of charge.
Changing bKash Mobile Menu PIN
Introduction: Changing your Mobile Menu PIN is essential for ensuring the security of your bKash account.
- Step 1: Dial *247# on your mobile phone.
- Step 2: Select option 5 for “My bKash.”
- Step 3: Select option 3 for “Change Mobile Menu PIN.”
- Step 4: Follow the on-screen instructions to change your PIN.
Charges: Changing your Mobile Menu PIN is free of charge.
Updating Mobile Network Portability (MNP)
Introduction: Updating your Mobile Network Portability (MNP) status allows you to maintain smooth communication and financial transactions.
- Step 1: Dial *247# on your mobile phone.
- Step 2: Select option 5 for “My bKash.”
- Step 3: Select option 4 for “MNP Update.”
- Step 4: Follow the on-screen instructions to update your MNP status.
Charges: Updating Mobile Network Portability (MNP) status is free of charge.
bKash Charges for Transactions
Introduction: Various transactions within bKash may have associated fees based on the transaction type and amount.
- For receiving payments from customers, such as person-to-person (P2P) transactions, there is generally no fee.
- When cashing out from a bKash agent, the transaction fee is typically waived for the first three months, up to Tk 5,000.
- Merchant payments and payments to bKash agents usually do not incur charges.
- Send Money transactions may have fees depending on the amount sent, with charges typically around 1.3%.
bKash Transaction Limit
Receiving Payments from Customers
- Personal Retail Account to Any Amount: No Limit
- Daily Transaction Count: No Limit
- Monthly Transaction Count: 10,000
- Per Transaction Limit: 30,000
- Daily Transaction Limit: 3,00,000
bKash Payments
Personal Retail Account to Personal Retail Account
- Minimum Transaction Amount: 1 TK
- Daily Transaction Count: 10
- Monthly Transaction Count: 100
- Per Transaction Limit: 5,000 TK
- Daily Transaction Limit: 25,000 TK
- Monthly Transaction Limit: 1,00,000 TK
Merchant to Personal Retail Account (Merchant Payments Received)
- No Limit
- Daily Transaction Limit: 25,000 TK
- Monthly Transaction Limit: 1,00,000 TK
Send Money For bKash
Personal Retail Account to Customer
- Minimum Transaction Amount: 1 TK
- Daily Transaction Count: 5
- Monthly Transaction Count: 30
- Per Transaction Limit: 10,000 TK
- Daily Transaction Limit: 10,000 TK
- Monthly Transaction Limit: 1,00,000 TK
Cash Out From bKash
Know here about the Cash out details of bKash.
Agent Cash Out
- Minimum Transaction Amount: 1 TK
- Daily Transaction Count: 5
- Monthly Transaction Count: 30
- Per Transaction Limit: 20,000 TK
- Daily Transaction Limit: 20,000 TK
- Monthly Transaction Limit: 3,00,000 TK
ATM Cash Out
- Q Cash: 2,000 TK
- BRAC Bank: 2,500 TK
These transaction limits are designed to cater to various types of financial activities within the bKash Personal Retail Account, providing flexibility and convenience to users.
Please be aware that these limits may be subject to change, so it’s advisable to refer to bKash’s official website or contact their customer support for the most up-to-date information.
FAQs About bKash Personal Retail Account
Here are some frequently asked questions and answers to know additional info about a bKash Personal Retail Account.
What is the bKash Personal Retail Account, and who is it designed for?
The bKash Personal Retail Account is designed for small traders, floating entrepreneurs, and online-based business enthusiasts.
What are the benefits of opening a bKash Personal Retail Account?
Some benefits include easy account opening, no trade license requirement, the ability to open multiple accounts with a single ID, various payment options for customers, money transfer flexibility, convenient withdrawals, and opportunities for business expansion.
Who is eligible to open a bKash Personal Retail Account?
To be eligible, you must be a Bangladeshi citizen, 18 years of age or older, possess a valid National Identity Card (NID), and fall into the category of a small, micro, or marginal trader.
What documents are required to open a bKash Personal Retail Account?
You will need a valid mobile number registered in your name, a valid National Identity Card (NID), a mobile SIM capable of receiving proprietary SMS messages, and a self-picture during the registration process.
How can I check the status of my bKash Personal Retail Account registration?
You can check your registration status by visiting the bKash Personal Retail Account page, clicking on “Check Status,” and providing your mobile number and application ID received via SMS after completing your application.
What are the transaction limits for a bKash Personal Retail Account?
Transaction limits vary depending on the type of transaction. For example, the daily per transaction limit is Tk 30,000, while the monthly transaction limit is Tk 3,00,000.
How can I change my Mobile Menu PIN for the bKash Personal Retail Account?
To change your Mobile Menu PIN, dial *247#, select option 5 for “My bKash,” and then select option 3 for “Change Mobile Menu PIN.” Follow the on-screen instructions to set a new PIN.
Conclusion
The bKash Personal Retail Account offers a convenient and accessible solution for small traders and online-based entrepreneurs in Bangladesh.
This account allows users to accept payments from millions of bKash customers, manage their business finances, and conduct various transactions.
Opening a bKash Personal Retail Account is hassle-free, as it does not require a trade license, and multiple accounts can be linked to a single ID.
Users can receive payments through various methods, including the bKash app, *247# dialing, payment gateways, and payment links.
