Nagad hits record BDT 34,705 crore in October

Nagad, the Bangladesh Postal Department's digital financial platform, recorded its highest monthly transaction volume ever during October, processing over BDT 34,705 crore. This milestone exceeded its prior record of BDT 34,000 crore set in March 2025 and reflected substantial growth from BDT 32,000 crore in June 2024. Disbursing government allowances to 7.9 million beneficiaries significantly boosted the figure, alongside routine services like cash transfers, bill payments, and mobile recharges.

Administrator Md Motasem Billah credited the achievement to collective dedication and strengthened customer trust under the current leadership. Daily transactions peaked on October 15 at BDT 1,645 crore. Billah noted that continuous service improvements since Nagad's launch have driven rapid user expansion, with thousands joining daily through its mobile application. These results highlight Nagad's expanding influence in advancing Bangladesh's digital payment ecosystem while maintaining its position as the nation's most utilized mobile financial service.
 

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