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:

7.00% to 8.50% p.a.

Slab/Tenure 100 days 200 days 300 days
Tk. 25,000 to Tk. 24,99,999 7.00% 8.00% 8.00%
Tk. 25,00,000 to Tk. 99,99,999 7.50% 8.25% 8.25%
Tk. 1,00,00,000 and above 8.00% 8.50% 8.50%

*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.


© Copyright. BASIC Bank Limited 2010 - 2021. All rights reserved.