BASIC Bank Limited. Serving people for progress
Sata Barsha Shanchoy Prakalpo


It is a monthly installment basis deposit scheme introduced on the occasion of centennial of 'Father of the Nation' for a period of 100 months (8 years & 4 months). At the end of maturity, customer will get the total deposited amount with applicable interest benefit. Monthly installment should be paid within the 17th day of each month to keep the account regular.

Features:

Any adult individual(s) who has savings/current or such account can open this scheme in single or in joint names.

Monthly installment size is minimum Tk.2,500/- (Tk. Two Thousand & Five Hundred) and multiples thereof; but not exceeding Tk.20,000/- (Tk. Twenty Thousand).

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

Premature encashment will be allowed but conditions applied.

Loan facility available up to 100% of deposit amount but condition applied.

Interest Rate:

Simple Interest rate is 9.50% p.a.

Monthly Installment Tenure Total Deposit Amount Total Interest
2,500 100 months 2,50,000 1,00,000
5,000 100 months 5,00,000 2,00,000
7,500 100 months 7,50,000

3,00,000

10,000 100 months 10,00,000

4,00,000

12,500 100 months 12,50,000

5,00,000

15,000 100 months 15,00,000

6,00,000

17,500 100 months 17,50,000

7,00,000

20,000 100 months 20,00,000

8,00,000

 

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.

NB: Customers are allowed to open accounts under this scheme till March 2021.


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