This scheme will make one's money double after a certain period of time. Only adult individual(s) in single and joint name(s) can open this scheme.
Features:
A non-transferrable instrument like FDR to be issued in favor of account holder.
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 but conditions applied.
Loan facility available up to 80% of deposit amount but conditions applied.
Auto-renewal is not allowed.
Interest Rate & Tenure:
8.90% p.a. (approx.) with half-yearly compounding and the tenure is 8 years.
Interest rate & Tenure are subject to change from time to time.
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.
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