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Deposit Pension Scheme
Benefits:
Attractive and competitive interest rates
Up to 90% loan facilities
No hidden charges
Tax benefits as investment rebate
No online charges for monthly deposit
Customer will enjoy charge free Savings Account
Other Issues:
Tenure: 3, 5, 7, 10 and 12 years
Deposit amount starts from Tk. 500 to Tk. 10,000 monthly
Terms & Conditions:
Only individuals can open this account
In case of premature encashment, customer maybe given the maturity amount of previous tenure if that is completed by the time of encashment. Than for remaining period, existing saving rate maybe applied.
Return Schedule
Monthly Saving 3 years 5 years 7 years 10 years 12 years
500 20,500 39,000 62,000 106,000 150,000
1,000 41,000 78,000 124,000 212,000 300,000
2,000 82,000 156,000 248,000 424,000 600,000
3,000 123,000 234,000 372,000 636,000 900,000
4,000 164,000 312,000 496,000 848,000 1,200,000
5,000 205,000 390,000 620,000 1,060,000 1,500,000
8,000 328,000 624,000 992,000 1,696,000 2,400,000
10,000 410,000 780,000 1,240,000 2,120,000 3,000,000
Effective Rate 8.62% 10.43% 10.94% 10.96% 11.59%
*Calculation based on Tk. 100,000.00
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