It is a monthly installment basis deposit scheme introduced on the occasion of centennial of 'Father of the Nation' for a period of 100 months (8 years & 4 months). At the end of maturity, customer will get the total deposited amount with applicable interest benefit. Monthly installment should be paid within the 17th day of each month to keep the account regular.
Features:
* Any adult individual(s) who has savings/current or such account can open this scheme in single or in joint names.
* Monthly installment size is minimum Tk.2,500/- (Tk. Two Thousand & Five Hundred) and multiples thereof; but not exceeding Tk.20,000/- (Tk. Twenty Thousand).
* Taxes and duties will be applied as per govt. rule.
* Premature encashment will be allowed but conditions applied.
* Loan facility available up to 100% of deposit amount but condition applied.
Interest Rate:
* Simple Interest rate is 9.50% p.a.
| Monthly Installment |
Tenure |
Total Deposit Amount |
Total Interest |
| 2,500 |
100 months |
2,50,000 |
1,00,000 |
| 5,000 |
100 months |
5,00,000 |
2,00,000 |
| 7,500 |
100 months |
7,50,000 |
3,00,000
|
| 10,000 |
100 months |
10,00,000 |
4,00,000
|
| 12,500 |
100 months |
12,50,000 |
5,00,000
|
| 15,000 |
100 months |
15,00,000 |
6,00,000
|
| 17,500 |
100 months |
17,50,000 |
7,00,000
|
| 20,000 |
100 months |
20,00,000 |
8,00,000
|
Required Information & Documents:
* Duly filled up Account Opening Form.
* 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.
NB: Customers are allowed to open accounts under this scheme till 16 December, 2021. |
