Product Type & Tenure:
- Monthly Income Term Deposit (Tenure 1–5 years)
Target Customers:
- Individuals (including NRBs), joint, or institutions seeking regular income
Profit Payment:
- Profit-sharing: provisional profit paid monthly to linked account; final profit adjusted annually, based on actual earnings
Key Features / Benefits:
- Monthly Profit Deposit Scheme: one-time deposit (minimum BDT 100,000).
- Principal remains intact, customer receives a monthly profit payout.
- Auto-renewal option available upon maturity.
- Withdrawal Facility up to 80% of principal permitted (monthly profit payments pause during withdrawal period).
- Premature encashment allowed with reduced profit (no profit if <6 months, savings rate if >6 months but before maturity).
