MDB Double Benefit

DESCRIPTION

The deposit amount will be doubled after 08 years 03 months..

Title Details
Short Description : The deposit amount will be doubled after 08 years 03 months.
Amount to be deposited : BDT 10,000.00 and its multiples.
Taxes : All taxes/duty/levy and /or any other surcharges presently in force or that may be imposed by the Government of Bangladesh from time to time will be deducted/ recovered from the deposit account under this scheme.
Date of Maturity : 08 years 03 months.
Age : Any citizen of Bangladesh aged 18-55 years can open this account.
Maturity : On maturity he/she will get double on initial deposited after 08 years 03 months from the date of opening.
Loan facility : Loan may be granted up to maximum 80% of the deposited amount.
Premature Encashment : In case of premature encashment interest will be paid as per table mentioned in terms & conditions.
Highest amount : BDT 50.00 lakh for Individuals & BDT 5.00 crore for Corporate.

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