In this post you will learn more about what is Selfin, Selfin Account Opening Benefit, Selfin Account Opening Rules, Selfin Use Cost, etc.
What is Selfin?
CellFin is the digital wallet service of Islami Bank Bangladesh Limited (IBBL). Islami Bank is one of the top 1000 banks in the world, and Selfin is a service of this Islamic bank.
Selfin account can be opened with NID card only without bank account. Islami Bank Bangladesh Limited, one of the most popular banks in the country, has launched this digital wallet service to keep pace with popular virtual wallet services like bKash, Rocket, Cash, etc.
Benefits of banking with Selfin
- Ad money through bank account, Visa, MasterCard, etc.
- Money sent to any bank account
- Accepting foreign remittances
- Cardless Cash Withdrawal System from ATM
- QR based point of sale (POS) purchase
- Adding money to bKash account
- E-commerce transactions
- Bills and other types of payments
- Mobile top-up
- Electronic fund transfer
- Request Money
- Add IBBL Debit Card / Credit Card / Prepaid Card / MCash Account
- Adding Islamic Bank Account
- Different types of offers and promotions
- Reward cards and coupons
Besides, many more benefits are being added all the time.
Why use Selfin
There are various benefits to using Islami Bank's Selfin Digital Wallet. E.g.
- Money transactions can be done quickly using the mobile app
- Any kind of bill payment can be done sitting at home
- Can be recharged at any SIM operator in the country
- Payment can be made from all supported shopping malls or online shops
- You can request to send money to someone else
- Money can be sent to another Selfin user using any local number in the country
- Digital wallets can be managed using the app even when you are out of the country
- You can take Visa card for use within the country
The means by which Ed Money can be made
Money can be added to Selfin Account through multiple channels. E.g.
- Visa
- MasterCard
- IBBL debit card
- IBBL Khidmah Card
- Ibbiral account
- Mobile Banking (M Cash)
- Diners
Selfin is a digital wallet, which can be used to add money to bKash, Rocket, Cash, etc. accounts. Ad Money can be made in these mobile banking by selecting CellFin after selecting the Ad Money option by entering bKash, Rocket or Cash app.
What does it take to open a Selfin Account?
Selfin account can be opened without going to the bank or any kind of bank account. All you need to do is open a selfie account
- Must be at least 18 years of age
- Must have NID card i.e. National Identity Card
- A SIM card in motion
- A smartphone so that the Selfin app can be used
Rules for opening a selfie account
To open a Selfin account you will need the Selfin Official App. To download the Selfin app, go to the Play Store or App Store and search by typing "CellFin / Selfin". Or click here to download for Android.
After installing the app, tap the Register option and set the mobile number and password of the Selfin account. In the next step an OTP code will come to the phone, provide it and go to the next step.
In the next step, you will be asked to provide a picture of National Identity Card i.e. NID Card to verify your identity. Upload a picture of your NID card as per the instructions given. Automatically scan all data from NID card. Complete the account opening process to see if the information provided is correct.
After opening Selfin account in the mentioned procedure, wait for 2 to 3 days for account verification. During this time the Selfin Account will be verified. If the saleday account verification process is not successful within a few days, call 16259, 09611016259, and (+880) -2-8331090 to report the account related problem.
The cost of using selfin
Most of Selfin's services can be used for free. However, charges will apply to certain services. The cost of using selfin is highlighted.
| Types of transactions | Charge |
| Add money from IBBL account or debit card | Free |
| Ed Money from Credit Card (Khidmah) | 0.8% (+ VAT) |
| Ed Money from another bank | ২% |
| Ed Money from Mobile Cash (mCash) | ১% |
| Sending money to another selfie account | Free |
| Transfer from bank account to bank account | ৫টাকা |
| Fund Transfer (NPSB) | 0.0003% (up to Rs. 100) |
| Fund Transfer (EFT) | 0.0003% (up to Rs. 100) |
| Cash withdrawal from ATM | Free |
| Remittance Receipt | Free |
| Payment | Free |
Do you use Islami Bank's Selfin Digital Wallet service? Let us know in the comments section.