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Monthly Income Deposit Scheme

Monthly Income Deposit Scheme:

Tenure 1 year 2 years 3 years
Amount to be paid per month per lac (Tk.) 850.00 875.00 900.00

Terms and Conditions:

  • Any person aged 18 (eighteen) years and above is eligible to open this account.
  • Legally formed institutions may open this account.
  • Minimum deposit amount is Tk. 1.00 (One) lac.
  • Pre-mature encashment is allowed after 3 (three) months. Interest rate shall be 6% p.a. for pre-mature encashment.
  • Loan facility may be allowed up to 80% of the deposit amount. Interest rate of loan shall be 15% p.a.
  • Tax and Excise Duty shall be as per the Govt. rules.
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