It is a special monthly installment basis deposit scheme having tenure 5, 10, 15 & 20 years. At the end of maturity, customer will get the total deposited amount with applicable interest. Monthly installment should be paid within the last day of each month to keep the scheme regular.
Features:
• Individual(s) in single and joint names.
• Minor jointly with Natural / Legal Guardian.
• Monthly installment sizes are respectively Tk.2200/- (Tk. Two Thousand Two Hundred), Tk.3500/- (Tk. Three Thousand Five Hundred), Tk.6200/- (Tk. Six Thousand Two Hundred) & Tk.14500/- (Tk. Fourteen Thousand Five Hundred)
• Taxes and duties will be applied as per govt. rule.
• Premature encashment includes immediate earlier maturity value.
• Loan facility available up to 90% of deposit amount but condition applied.
Required Information & Documents:
• Duly filled up Account Opening Form.
• Present and Permanent Address.
• NID / Birth Certificate / Valid Passport
• TIN (if any).
• Two copies of recent passport size Photographs of account holder duly attested by the Introducer.
• One copy of Passport Size Photograph of Nominee duly attested by the Account Holder.
• In case of minor account holder, one copy of Passport Size Photograph of Nominee duly attested by the legal guardian of account holder.
Tenure wise Interest Rate:
|
Monthly installment amount at 6.50% interest
|
Estimated Receivables/Payables at the end of the term* |
Tenure |
|
Tk. 14,500 |
Tk. 10,25,574 |
5 Years |
|
Tk. 6,200 |
Tk. 10,39,334 |
10 Years |
|
Tk. 3,500 |
Tk. 10,51,410 |
15 Years |
|
Tk. 2,200 |
Tk. 10,61,076 |
20 Years |
*Interest rate is subject to change from time to time as per schedule of interest rate on deposit.