BASIC Bank Limited. Serving people for progress
BASIC Century Deposit Scheme


This is a 100 days, 200 days or 300 days fixed deposit product. Eligible individual (single or jointly) can deposit a lump sum of money to get attractive rate of return.

Features:

• A non-transferrable instrument like FDR to be issued in favor of account holder.

• Initial deposit amount will be Tk. 25,000/- (Tk. Twenty Five Thousand) or multiples thereof.

• Taxes and duties will be applied as per govt. rule.

• Premature encashment will be allowed but conditions applied.

• Loan facility available up to 90% of deposit amount but conditions applied.

BASIC Century Deposit Scheme may be opened in the name of:

• Individuals

• Two or more Individuals (Joint)

• Minor jointly with Natural / Legal Guardian.

Slab & Tenure wise Interest Rate:

• 6.25% to 6.75% p.a.


Slab/Tenure 100 days 200 days 300 days
Tk. 25,000 to above 6.25% 6.50% 6.75%

*Interest rate is subject to change from time to time; continuity of the product is at management discretion
Required Information & Documents:

• Duly filled up Account Opening Form.

• NID/ Birth Certificate/ Valid Passport

• TIN (if any).

• Two copies of recent passport size Photographs of account holder duly attested by the Introducer.

• One copy of Passport Size Photograph of Nominee duly attested by the Account Holder.

For opening Account in the name of minor:

• NID / Birth Certificate / Valid Passport of Natural / Legal Guardian.

• 2(two) copy recent passport size Photographs of account holder and 2(two) copy recent passport size Photographs of natural / legal guardian duly attested by the Introducer.

• One copy of Passport Size Photograph of Nominee duly attested by the legal guardian of account holder.


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