Overview

Double Benefit Plus is a scheme deposit product to provide maximum benefit to clients with the most competitive features. At the end of tenure customer will receive double of his / her deposited money (Principal + Interest).

Key Features:

  • Attractive and competitive interest rates
  • Double the amount in just 8 years 6 Month
  • No hidden charges
  • SOD loan facilities is available
  • Deposit amount starts with Tk. 50,000 or its multiple
  • Maximum deposit amount under single name is Tk. 4,000,000
  • Maximum deposit amount under joint name is Tk. 6,000,000

Documents Required

  • Account Opening Form
  • Photo ID/ National ID/ Passport / Driving License of customer & Nominee(s)
  • Recent photograph of customer & Nominee(s)
  • Proof of Address
  • Signed Terms & Conditions
  • TIN Certificate (if applicable)

Terms & Conditions:

  • Only individuals can open this account
  • Maximum two persons can open joint account.
  • All the relevant source tax, excise duty and other levies as per govt. laws and regulation or instruction of NBR.
  • Conditions for premature encashment: In case of early encashment below rate will be applicable
    • 0-11 months: no interest
    • 12-35 months: Savings interest rate of 1st band on simple basis
    • 36-59 months: Savings interest rate of 1st band plus 1 on simple basis
    • 60 months to else before maturity: Savings interest rate of 1st band plus 2 on simple basis