City Bank Limited: City Ichchapurun

 

 

 

City Bank

Phone: +880-2-8813483, 8814375, 8813126

Fax: +88-02-9884446

Email: info@thecitybank.com.bd

Name :City Ichchapurun

Category:Fixed Deposit

Description

- Great opportunity to earn against your savings every month!

Benefit

- This product allows you to earn interest and enjoy interest every month that accrues in your fixed deposit account, no matter what the term of the deposit is.
- It helps make your financial planning more disciplined, and your life more organized. While your fixed deposit remains untouched and well-kept for future, you keep on getting the profit on a monthly basis.
- What better way to take care of your monthly recurring expenses like children’s education or school fees, house tutor’s remuneration, utility bill payments, saving money in some DPS
- there is the scope of getting personal loan worth up to 90% of your City Ichchapuron value!

DPS Type:Fixed

Interest Rate

Term Interest Rate

1 (One) Year 7.50

2 (Two) Years 7.75

3 (Three) Years 8.00

5 (Five) Years 8.50

Eligibility

- Age: At least 18 years.
- Nationality: Bangladeshi

Posted by Editorial Team on 8:50 AM in City Bank, Fixed Deposit

Bank Al-Falah Limited: Alfalah Kifayat

Bank Al-Falah Limited

Phone: +880-2-7168821-05

Fax: +880-2-9557413

 

Name :Alfalah Kifayat

Category :Fixed Deposit

Description

Any Pakistani resident over the age of 18 can open this account. This account is for individual/joint customers only. Other customers like companies, corporate etc are not eligible for opening of this account.

Benefit

- All service charges are as per the prevailing ‘Schedule of Charges’
- Account statement will be generated on half yearly basis.
-There is no restriction on deposit transactions.

DPS Type : Deposit

Initial Deposit : Tk. 10,000/-

Posted by Editorial Team on 8:40 AM in Bank Al-Falah Limited, Fixed Deposit

Bank Al-Falah Limited: Alfalah Education

 

 

 

 

 

Bank Al-Falah Limited

Phone: +880-2-7168821-05

Fax: +880-2-9557413

 Name : Alfalah Education

Category :Fixed Deposit

Description

Alfalah Education is a Term Deposit product with No Additional Cost (NAC) education insurance cover for account holders with school going children.

Benefit

- Deposits can be placed in multiple of 100,000 units with maximum 3 units allowed per depositor, i.e. a maximum deposit per customer of Rs. 300,000 across all BAL branches.
- All 3 units can be purchased for 1 child or each for up to 3 children.
- No evidence of insurability (medical examination/health decoration) is required.
- Maximum entry point age is 55 years (renewable up to 64th birthday)
- Benefit payment increases with age/class of the child.

DPS Type : Deposit

Interest Rate : 7 %

Posted by Editorial Team on 8:34 AM in Bank Al-Falah Limited, Fixed Deposit

Mercantile Bank Limited 1.5 Times Benefit Deposit Scheme

Mercantile Bank Limited

Phone: +880-2-9559333, 9553892, 9561140

Fax: +880-2-9561213

Email: mbl@bol-online.com

 

Name:1.5 Times Benefit Deposit Scheme

Category:Fixed Deposit

Benefit:Loan may be granted up to maximum 80% of the deposited amount.

DPS Type: Fixed Deposit

Initial Deposit: Minimum BDT 50,000.00 (fifty thousand)

Maturity Period: 4.25 years

Maturity Amount :1.5 times of the deposited amount will be paid back to the account holder.

 

Posted by Editorial Team on 8:20 AM in Fixed Deposit, Mercantile Bank Limited

Mercantile Bank Limited Deposit Scheme

Mercantile Bank Limited

Phone: +880-2-9559333, 9553892, 9561140

Fax: +880-2-9561213

                     Email: mbl@bol-online.com

 

Name :Advance Benefit Deposit Scheme

Category: Fixed Deposit

Description

Under this Scheme, one can deposit a certain amount of money for two years. The depositor will receive the benefit on yearly basis. The benefit amount of first year will be received in advance at the time of deposit. On maturity, the depositor will get back the principal amount with the benefit amount of second year. That is Interest is paid in two phases, first phase paid initially BDT 9,500 and second phase paid BDT109,520 after maturity against BDT 1,00,000. Loan may be granted up to maximum 70% of the deposit. This is Also known as "Agrim Munafa Amanat Prokolpo (AMAP)". BDT 76.92 million was deposited under this scheme at the end of 2009.

 

 

Posted by Editorial Team on 8:13 AM in Fixed Deposit, Mercantile Bank Limited

Bank Al-Falah Limited Fixed Deposit

Bank Al-Falah Limited

Phone: +880-2-7168821-05

Fax: +880-2-9557413

Bank Alfalah SME Alfalah Mahana Amdan

Category

Fixed Deposit

Description

Alfalah Mahana Amdan is a 3 year TDR with expected rate of profit of 10% p.a. This term deposit will provide an opportunity to individual/joint customers to enjoy higher returns that will automatically be credited to his/her current/PLS/RP/BBA account on 1st working day of each month.

This facility is not available for business and corporate customers.

Benefit

- Profit will be automatically credited on the 1st working day of each month into customers Current/PLS/RP/BBA account
- Free Personal Accident Insurance coverage up to the deposit amount or Rs. 1,500,000/- whichever is lower.
- Customer can avail financing facility up to 90% of the deposit(as per banks policy)
- Alfalah Mahana Amdan TDR will be issued for three years tenure with auto renewal facility of principal amount i.e. the facility will be renewed automatically on maturity (i.e. 3 years)

DPS Type

Deposit

Minimum Installment

Rs. 100,000/-

Interest Rate

10% Per annum

Posted by Editorial Team on 9:58 AM in Bank Al-Falah Limited, Fixed Deposit