||03/06/12/18/24/36 month ( Renewable)
|Amount to be deposited
||BDT 1,00,000.00 and its multiples.
||Any citizen of Bangladesh aged 18-65 years can open this account. Minors will be allowed to open account subject
to completion of due formalities.
|Taxes, Duty, Surcharges
||10% AIT will be deducted from each month's benefit subject to production of TIN Certificate; otherwise 15% will be deducted from each month's benefit
||Loan may be granted up to maximum 90% of the surrender value.
||In case of premature encashment interest will be paid ( only for those with more than 6 months continuation) as per bank policy.
||Any amount can be booked without any prior approval