Product Type & Tenure:

  • Fixed Term Deposit. Tenure options: 1, 3, 6 months; 1–5 years.

 

Target Customers:

  • Individuals (resident or NRB), minors (via guardian), businesses house, institutions.

 

Profit Payment:

  • Profit-sharing: accrued over deposit term, paid at maturity (weightage-based).

 

Key Features / Benefits:

  • Minimum BDT 10,000 no upper limit.
  • Auto-renewal available (principal or principal + profit).
  • Withdrawal Facility to 80% of deposit value allowed against lien.
  • No profit if closed before 1 month; if closed early, profit may be given at savings rate or nearest shorter-tenor rate as applicable.