Monthly Deposit Scheme (MDS)

(Updated as on 11-Oct-2023)

 

Introduction :

Your familiar Time Deposit Account – now with more safety and return !

‘MDS Account’ is the account where you can deposit your money in installment with full confidence. It’s an account tailor-made to provide you a very good return for different tenure – making it the classic choice for you. You can deposit here in a single or joint name.

 

Best for you if you have

• The willingness of regular Savings
• The requirement of the highest Safety of your money

 

Features :

• More than one account can be opened
• Pre-matured Encashment facility on condition
• installment size: BDT.500/-, 1000/-, 2000/-, 5000/-, 10000/-, 15000/-, 20000/-, 25000/-, 30000/-
• Tenure : 05 years & 10 years
• No Service/maintenance Charge

 

Chart of installment, Tenure & Payable after Maturity:

 

                    *The payable amount might be changed; Govt. Tax/Duty would be paid by the client.

 

Eligibility :

• Minimum Age : 18 years
• Bangladeshi Citizen

 

Required Documents :

• 02 (two) copies of PP size Photograph attested by introducer
• Photocopy of NID / Passport / Driving License
• Application for opening account (available at all branches)

 

Facilities :

• Available Loan facility against face value after one year