Customer(s) will pay certain monthly installment for a definite period and after maturity he/she will be given an amount as agreed at time of account opening.
|Deposit at type||:||Installment monthly.|
|Amount to be deposited||:||as per Deposit Rate|
|Date for installment||:||Any time in the month.|
|Maturity/Disbursement||:||The scheme will be disbursed on the 30th of next month after the last installment.|
|Force Closure||:||If a customer fails to pay three (3) consecutive installment.|
|Taxes, Duty, Surcharges||:||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.|
|Premature Encashment||:||In case of premature encashment he/she get no interest of the deposited amount.|