US Dollar Premium Bond is a product offered by Bangladesh Central Bank for the Non Resident Bangladeshis (NRBs) to invest their hard earned money for earning a safe and tax free income with the assurance of a very steady and lucrative interest rate.
This bond can be issued in the denomination of US $500, $1000, $5000, $10,000 and $50,000.
Can be purchased of any amount in multiples of US $500 without a maximum limit.
The tenure is three years.
The interest rate is 7.5 % per annum payable on half-yearly basis in Bangladeshi taka.
The interest is payable only in Bangladeshi Taka.
Auto renewal option available.
Can be used as security for any loan.
Tax exemption on the principal and interest amount.
The principal and interest will be payable in US Dollar.
Investors of one Million US Dollar and above shall be treated as CIP.
Death risk benefit up to 15% to 25% (Up to BDT 2,000,000) of investment.
Principal can be repatriated in the foreign country.
The slabs of the interest rates to be applied are as follows:
Tenure |
Applicable Interest Rate |
Before 1 year from the date of issue |
No Interest |
Completion of 1 Year |
06.50% |
Completion of 2 years |
07.00% |
Completion of 3 years |
07.50% |
For any clarifications, please e-mail at
nrb.banking@midlandbankbd.net
Download
For details, please feel free to contact any of our MDB NRB Service, Head Office
Download
For details, please feel free to contact any of our MDB NRB Service, Head Office
