BASIC Bank Limited. Serving people for progress
BASIC Double Deposit Scheme

This scheme will make one's money double after a certain period of time.


Individual(s) in single and joint names.

Minor jointly with Natural / Legal Guardian.

Initial deposit amount is minimum Tk. 25,000/- (Tk. Twenty Five Thousand) and multiplies thereof; but not exceeding Tk.50,00,000/- (Tk. Fifty Lac).

A non-transferrable instrument like FDR to be issued in favor of account holder.

Taxes and duties will be applied as per govt. rule.

Premature encashment will be allowed with attractive interest rates but conditions applied.

Loan facility available up to 90% of deposit amount but conditions applied.

Auto-renewal is not allowed.

Interest Rate & Tenure:

7.17% p.a. (approx.) and the tenure is 10 years.

Interest rate & Tenure are subject to change from time to time.
Required Information & Documents:

Duly filled up Account Opening Form.

Present and Permanent Address.

NID / Birth Certificate / Valid Passport

TIN (if any)

Two copies of recent passport size Photographs of account holder duly attested by the Introducer.

One copy of Passport Size Photograph of Nominee duly attested by the Account Holder.

In case of minor account holder, one copy of Passport Size Photograph of Nominee duly attested by the legal guardian of account holder.

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