“Achol” is a specially designed scheme deposit products for woman. Only woman individual aged 18 years and above can open the “Achol” account. It is a DPS type account with preferential rate.

Key Features  

  • Attractive and competitive interest rates
  • No hidden charges
  • SOD loan facilities can be availed against the deposit;
  • No online charges for monthly deposit
  • Customer will enjoy charge free Savings Account which is used only for the “Achol” purpose
  • Deposit tenure: 3, 5, 7, 10 and 12 years
  • Deposit Installment size from Tk. 1,000 to Tk 10,000 monthly


Terms and Condition: 

  • Only woman individual 18 years and above can open this account.
  • Account can be opened jointly in the name of maximum 02 (Two) persons.
  • The individual must have an account, which will be linked with the scheme account. The installment of scheme account will be automatically transferred from the link account. The customer must ensure availability of the installment in the link account on or before the 10th day of the month.
  • In case of 10th day is holiday, next working day will be treated as last date for depositing the installment. The branches open on Saturday will not be treated as working day.
  • In case of failure of depositing installment in due time penalty will be imposed as per following rates:
Installment Size Penalty
BDT 1,000/- to BDT 3,000/- BDT 100/- Monthly Basis
BDT 4,000/- & BDT 5,000/- BDT 150/ -Monthly Basis
BDT 8,000/- & BDT 10,000/- BDT 200/ -Monthly Basis
  • No half yearly/yearly service charge will be applicable, if the link account is used only for scheme account. If the link account is used as normal transacting account, then service charge will be applicable.
  • A person will be allowed to open multiple number of scheme account with a single link account. However, the installment size of the scheme will not be same for each account.
  • If the account holder wants to discontinue the scheme and desires to encash the same:
    • Before completion of one year, only principal amount will be refunded after deduction of excise duty.
    • After completion of 01 year but before 02 years, she will be entitled to get 1% less than prevailing savings bank interest rate of 1st band on simple basis.
    • On completion of 02 years up to any maturity tenure, she will be entitled to get prevailing savings interest rate of 1st band on simple basis.
    • On completion of any maturity tenure other than the agreed tenure, the customer will be eligible to get the maturity value of the completed tenor considering installments were deposited duly. The amount which is deposited more than the previous tenor will be refunded only the principal amount without applying any interest on the deposited amount. Excise duty will also be deducted if applicable.
  • Loan facility against deposited amount would be available as per existing SOD policy of the Bank.
  • Be it a completed tenure or premature encashment, interest from the products is subject to deduction of Source Tax, Excise Duty and other levies (if any). Customer will bear all the relevant Source Tax, excise duty and other levies as per govt. laws and regulation or instruction of NBR.
  • In case of default in depositing for 06 (six) installments, the contract will be automatically cancelled and deposited amount will be transferred to the linked account after necessary deduction. Lien instruments will be inactive and interest accrual will be stopped.


Monthly Savings 3 years 5 years 7 years 10 years 12 years
1,000 40,640 73,760 113,600 190,000 253,150
2,000 81,280 147,520 227,200 380,000 506,300
3,000 121,920 221,280 340,800 570,000 759,450
4,000 162,560 295,040 454,400 760,000 1,012,600
5,000 203,200 368,800 568,000 950,000 1,265,750
8,000 325,120 590,080 908,800 1,520,000 2,025,200
10,000 406,400 737,600 1,136,000 1,900,000 2,531,500