Senior Citizen Monthly Benefit Scheme is a specially designed investment solution for senior citizens to ensure a steady and reliable monthly income from their savings. The scheme helps customers maintain financial independence and comfortably manage regular expenses such as healthcare, household costs, and personal needs while keeping their investment safe and secure.

Title		Details
Key Features		Fixed monthly income facility against deposited amount Minimum deposit amount starts from BDT 50,000 and its multiples Available in both Conventional and Digital formats Attractive and competitive profit rates Monthly benefit auto credited to linked Current or Savings Account Multiple accounts allowed for one customer Joint account facility available Loan/Overdraft facility against deposit Free SMS alert service Safe and secure investment solution for senior citizens
Customer Segments		Senior citizens aged 59 years and above Individuals seeking stable monthly income from savings Retired persons planning financial security
Account Type		Non-transactional Monthly Benefit Scheme account
Eligibility		Any Bangladeshi citizen with Valid Photo ID (NID / Birth Certificate / Passport) Minimum Age: 59 years
Account Availability		All Branches, Sub-Branches, Agent Banking Centers & Digital Platform
Tenure		6 Months 1 Year 1.5 Years 2 Years & 3 Years
Mode of Deposit		Monthly benefit automatically transferred linked Current or Savings Account
Force Closure		Account may be treated as irregular if three (3) consecutive installments are missed. Closure may occur as per Bank policy
Premature Encashment		Premature encashment is allowed as per the prevailing policy of the Bank.
Nominee Facility		Nominee is mandatory Nominee can be changed at any time through written instruction
Terms & Conditions		The Bank reserves the right to change product features and conditions when necessary