BASIC Monthly Income Scheme

Any adult individual(s) can open this scheme in single or in joint names by depositing a certain sum of money for a certain period of time to get fixed amount of monthly income. The scheme holder(s) must have savings / current / SND account with the Bank to receive monthly income.


� Initial deposit amount is minimum Tk.1,00,000/- (Tk. One Lac) and multiples thereof; but not exceeding Tk.50,00,000/- (Tk. Fifty Lac).

� 1 year, 2 years & 3 years tenure.

� A non-transferrable instrument like FDR to be issued in favor of account holder.

� Taxes and duties will be applied as per govt. rule.

� Premature encashment will be allowed but conditions applied.

� Loan facility available up to 80% of deposit amount but condition applied.

� Auto-renewal is not allowed.

Tenure wise Interest Rate and gross monthly benefit:

Tenure Interest Rate Gross Monthly Benefit  per Lac Tk.
1 year 6.72% Tk. 560
2 years 6.96% Tk. 580
3 years 7.20% Tk. 600


*Interest rate is subject to change from time to time as per schedule of interest rate on deposit.
Required Information & Documents:

� Duly filled up Account Opening Form.

� 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.

Tenure Currency Slab Wise Rate Effective Date
1 year BDT 6.72% (Gross Monthly Benefit per Lac Tk. 560) Dec 17, 2021
2 years BDT 6.96% (Gross Monthly Benefit per Lac Tk. 580) Dec 17, 2021
3 years BDT 7.20% (Gross Monthly Benefit per Lac Tk. 600) Dec 17, 2021