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MB+ is a 5-year scheme that lets the customer earn monthly benefit of Tk. 850/- or its multiple by minimum initial deposit of Tk. 100,000 or its multiple.
Features of this product are:
MB+ is a 5-year scheme that lets the customer earn monthly benefit of Tk. 850/- or its multiple by minimum initial deposit of Tk. 100,000 or its multiple.
Features of this product are:
- Only individuals can open this account.
- The individual must have a Savings account with the bank in which the monthly benefit will be credited automatically. This link account will not be charged for incidental charges.
- Deposit amounts will be Tk. 100,000/-or it’s multiple, and maximum will be Tk. 2,500,000/-under single name and Tk. 4,000,000/-under joint name.
- The tenure of deposit will be 3 years and 5 years. The person will get monthly benefit of Tk. 975/-for deposit amount of Tk. 100,000/-for 3 years term deposit and Tk. 1,000/-for deposit amount of Tk. 100,000/-for 5 years term deposit.
- In case of premature encashment, the applicable rate will be the simple savings rate of the Bank; however, there will be no interest payment for premature encashment within six months life of the account. The principal amount will be adjusted at the time of providing savings account rate.
- Loan facility will be available against the account.
Deposit and monthly payment matrix
Deposit amount (In Taka) |
Monthly interest amount |
100,000 |
850 |
200,000 |
1700 |
300,000 |
2550 |
400,000 & onwards |
3400 & onwards |
100,000 |
850 |
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