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Showing posts with label Interest Rate Banks Deposit (DPS. Fixed Diposit) - Bangladeshi Bank. Show all posts
Showing posts with label Interest Rate Banks Deposit (DPS. Fixed Diposit) - Bangladeshi Bank. Show all posts

Friday, December 7, 2018

December 07, 2018

Bank Asia Double Benefit Plus (Term Deposit)

Bank Asia Double Benefit Plus (Term Deposit)
Benefits:
Attractive and competitive interest rates
Double the amount in just 9 years
No hidden charges
SOD loan facilities is available
Rest of the terms & conditions unchanged
Other Issues:
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
Terms & Conditions:
Only individuals can open this account
In case of premature encashment, simple interest rate at existing savings deposit will apply.
December 07, 2018

Bank Asia Monthly Benefit Plus (Term Deposit)

Bank Asia Monthly Benefit Plus (Term Deposit)
Benefits:
Attractive and competitive interest rates
Monthly return up to 700 Taka for every one Lac Taka Deposit
No hidden charges
SOD loan facilities can be availed
Rest of the terms & conditions unchanged
Other Issues:
Deposit tenure: 3 and 5 years
Deposit amount starts with Tk. 1000,000 or its multiple
Maximum deposit amount under single name Tk. 4,000,000
Maximum deposit amount under joint name is Tk. 6,000,000
Terms & Conditions:
Only individuals can open this account
Customer must maintain link account with Bank Asia
No interest before one year.
December 07, 2018

Short Term Deposit of Bank Asia

Short Term Deposit of Bank Asia

  • Minimum deposit amount of Rs.1000/-
  • Minimum period of deposits – 7 days
  • Maximum – less than 12 months. ( period of 7 days to 14 days – applicable for deposits of Rs. 15 lacs and above)
  • For opening of the account – two passport size photographs, documents relating to proof of residence, and introduction from a person known to the Bank (bank’s customer/ existing account holder) are required.
  • Rate of interest depends on maturity period.
  • An additional interest @ 0.50% for Senior Citizens against their deposits of Rs. 10,000/- and above.
  • Interest payment is subject to Tax Deducted at source(TDS) as per prevailing Income Tax ACT.
  • However, tax is deducted at source (TDS) on deposits that earn interest more than Rs.10,000/- per year.

Saturday, May 19, 2018

May 19, 2018

Agrani Bank Deposit Products of Islami Banking

Deposit Products
Islamic Banking Branches and Windows collect deposits on two basic principles:

1. Al-Wadiah Account.
2. Mudaraba Account.

A. Al-Wadiah Account:
‘Al-Wadiah’ is the contract of giving total security of money of the depositors. In this regard, depositors do not participate or take any risk of business with the bank. Depositors hold the right to withdraw his or her money at any banking time. Depositors do not get profit from bank. Rather bank can deduct service charge from the account for maintaining and securing the deposit.
B. Mudaraba Account:
Mudaraba is a share based business system. Two parties involve in the contract where one party invests all the capital (owner of capital or Shahib-Al-Mal) and other uses his or her knowledge, experience, ability, skill and labor to run the business (Manager of Capital or Mudarib).
Different Types of Deposit Account
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Sl.DepositProvisional Rate of Profit
(01-04-2018)
1.Al-Wadeah Current Account
2.Mudaraba Savings Account3.50%
3.Mudaraba Special Notice Deposit(MSND)3.50%
4. Mudaraba Term Deposit Account(MTDR)
(A) 1 Month.3.50%
(B) 3 Months.5.00%
(C) 6 Months.5.50%
6 Months(above Tk. 5.00 crore)6.00%
(D) 1 Year and above.6.00%
1 Year and above(above Tk 5.00 crore)6.50%
5.Mudaraba Special Savings Scheme
(a) 5 Years7.00%
(b) 10 Years8.00%
6.Mudaraba Hajj Deposit Scheme
(a) 1 Year to 5 years7.50%
(b) 6 Years to 10 years8.50%
7.Mudaraba Mohor Savings Deposit Scheme
(a) 5 Years6.50%
(b) 10 Years7.50%
8.Mudaraba Cash Waqf Deposit Scheme8.50%
9.Mudaraba ‘Probashi kallyan’ Savings Account4.50%
May 19, 2018

Fixed Deposit Account of Agrani Bank Limited

Personal Banking » Deposits » Fixed Deposit Account
Opening a Fixed Deposit Account for different terms with any Branch of Agrani Bank Limited is very simple. Any individual or a group of individuals can step into any Branch of Agrani Bank Limited, fill out a prescribed form, handover cash or easily cashable instrument of any amount and leave the Branch with a Fixed Deposit Receipt.
Term Deposit Accounts – Fixed Deposit Receipt (FDR)
For 3 months & above, but less than 6 months4.50%
For 6 months & above, but less than 1 year4.75%
For 1 year & above, but less than 2 years5.00%

Friday, May 18, 2018