Fixed Term Deposit

BASIC Bank offers fixed term deposit to boost up customers savings in time. One can deposit a lump sum of money for a fixed period to get attractive rate of return.


  • A non-transferrable instrument (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 90% of deposit amount but conditions applied.

Fixed Term Deposit can be opened in the name of:

  • Individual (Single).
  • Two or more Individuals (Joint)
  • Sole Proprietorship Concern.
  • Partnership Concern (Firm).
  • Limited Companies (both Public and Private).
  • Society / Club / Association / Local Bodies / Govt./Semi Govt. Organization, etc.

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.

For opening of FDR accounts for joint stock companies, associations and clubs etc.:

  • Copy of Registration or Incorporation certificate (in case of company or registered organization)
  • Copy of certificate of commencement (only for public limited company). 
  • Copy of Memorandum and Articles of Association (in case of limited company)
  • Copy of Constitution and By-law (in case of association)
  • Copy of minutes of board of directors / managing committee / governing body meeting for account management
  • Certified copy of the names of directors / officials and their signatures
  • Declaration.

Tenure wise Interest Rate:

*Interest rate is subject to change from time to time.

Tenure Currency Slab Wise Rate Effective Date
01 month (individual) BDT 4.00% Feb 01, 2024
03 months (individual) BDT 8.00% Feb 01, 2024
06 months (individual) BDT 8.00% Feb 01, 2024
12 months (individual) BDT 8.00% Feb 01, 2024
24 months (individual) BDT 8.00% Feb 01, 2024
01 month (Corporate) BDT 4.00% Feb 01, 2024
03 month (Corporate) BDT 7.00% Feb 01, 2024
06 month (Corporate) BDT 7.25% Feb 01, 2024
12 month (Corporate) BDT 7.50% Feb 01, 2024
24 month (Corporate) BDT 7.50% Feb 01, 2024
- - - Feb 01, 2024