Tenure |
03/06/12/18/24/36 month ( Renewable) |
Amount to be deposited |
BDT 50,000.00 (Fifty Thousand) only and its multiples |
Benefit |
Deposit rates |
Age |
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 facility |
Loan may be granted up to maximum 90% of the surrender value. |
Premature Encashment |
In case of premature encashment interest will be paid ( only for those with more than 6 months continuation) as per bank policy. |
Highest Amount |
Any amount can be booked without any prior approval |