MDB Double Benefit

The deposit amount will be doubled after 08 years 03 months.

Title Details
Short Description The deposit amount will be doubled after 08 years 03 months.
Amount to be deposited BDT 10,000.00 and its multiples.
Taxes All taxes/duty/levy and /or any other surcharges presently in force or that may be imposed by the Government of Bangladesh from time to time will be deducted/ recovered from the deposit account under this scheme.
Date of Maturity 08 years 03 months.
Age Any citizen of Bangladesh aged 18-55 years can open this account.
Maturity On maturity he/she will get double on initial deposited after 08 years 03 months from the date of opening.
Loan facility Loan may be granted up to maximum 80% of the deposited amount.
Premature Encashment In case of premature encashment interest will be paid as per table mentioned in terms & conditions.
Highest amount BDT 50.00 lakh for Individuals & BDT 5.00 crore for Corporate.