Fulfill limitless dreams with savings from your business!
Attractive Interest
Loan or Overdraft Facility
Features
- Interest bearing deposit scheme with 9.00% interest per annum.
- Installment size of BDT 1,000 & its multiples.
- Set Tenure as per your need of 1,2,3,4 & up to 5 years.
- Avail loan or overdraft facility for our business with up to 90% of the deposited amount.
- Early encashment eligibility with favorable forfeiture rule
Eligibility
- Business must fall under the SME category defined by Bangladesh Bank.
- Any non-individual legal entity like firm/company with legal and valid existence, associations, societies, trusts, NGOs, educations institutes etc.
- Active linked/transactional CASA Account of the business.
Monthly Instalment (BDT) |
Maturity Value (BDT) |
||||
1 Years @ 9% |
2 Years @ 9% |
3 Years @ 9% |
4 Years @9% |
5 Years @9% |
|
1,000 |
12,585 |
26,300 |
41,250 |
57,550 |
75,315 |
5,000 |
62,925 |
131,500 |
206,250 |
287,750 |
376,575 |
10,000 |
125,850 |
263,000 |
412,500 |
575,500 |
753,150 |
15,000 |
188,775 |
394,500 |
618,750 |
863,250 |
1,129,725 |
20,000 |
251,700 |
526,000 |
825,000 |
1,151,000 |
1,506,300 |
30,000 |
377,550 |
789,000 |
1,237,500 |
1,726,500 |
2,259,450 |
40,000 |
503,400 |
1,052,000 |
1,650,000 |
2,302,000 |
3,012,600 |
50,000 |
629,250 |
1,315,000 |
2,062,500 |
2,877,500 |
3,765,750 |
Please Note:
- Maturity value is subject to proper and regular payment of the prescribed monthly installments.
- Maturity Amount mentioned above is before Tax & Excise Duty.
- For other installments maturity value will follow the above table; i.e. if monthly installment is BDT 7,000 for 3 years, the maturity value will be 41,250*7=288,750 (as 7000/1000=7).
- Prime Business DPS can be opened at any multiple of Tk. 1,000 to Tk. 120,000 per month.
- Premature/Early encashment Rules:
Particular
Interest Payable
If encashed before 12 Months
No interest
If encashed before 24 Months
As per prevailing rate of Prime Savings Account
If encashed before 36 Months
As per prevailing rate of Prime Savings Account
If encashed before 48 Months
36 months as per Scheme Rate + fraction days at Prime Savings Account rate
If encashed before 60 Months
48 months as per Scheme Rate + fraction days at Prime Savings Account rate