DEPOSIT PRODUCTS


Deposit Schemes:

 

 
1.  Short Term Deposit
 
2.  Semi Annual & Annual Term Deposit
 
3.  Double Money Deposit
 
4.  Monthly Benefit Scheme
 
5.  Quarterly Benefit Scheme
 
6. Cumulative Term deposit

 

Deposit Rates:
 
 

 

Term Deposit
 
 

 

Term
Interest rate
1 Year
10.00%
6 Months
9.50%
3 Months
9.25%
 
 
 
Cumulative Term Deposit
 
 
 
Term
Interest rate
2 Years
9.75%
3 Years
9.75%

 

Double Money Deposit
 
 

 

Term
Interest rate
6 Years 6 Months
11.23%
 
 

 

Benefit Scheme
 

 

 
Particular

Interest Rate

Monthly Benefit Scheme (1 year)
9.80%
Quarterly Benefit Scheme (1 year) 9.80%
 

 

** The Interest rate will be subject to Income TAX & Excise Duties as per Govt. rules & regulations.
** All other rates will remain same.
** Senior citizens over 60 years of age will be entitled extra 0.10% over the prevailing rates of all products except Double Money Scheme and Deposit Pension Scheme.
** This rate will be effective from 11 September, 2017 and will continue until further notice.
** Minimum deposit amount is Tk 20,000/=
** Tenor or Quick loan will not be more than maturity of term deposit lien.
** On maturity the deposit may be encashed after adjustment of outstanding balance of Quick loan, if any.
** The deposit can not be encashed before completion of 3 (Three) months without Bangladesh Bank’s permission. However, it can be encashed prematurely after 3 (Three) months as per company’s rules and regulations set by the management.
** Advance Income taxes on interest and excise duties are applicable as per government rules and regulations
** This rate is not applicable for banks & other financial institutes.