Mercantile Bank Limited


 Special Savings Scheme (SSS)

 Objectives Mode
  • Give maximum benefit.
  • Help in meeting specific needs like education, marriage etc.
  • Deposit becomes more than three (03) times in ten years.
  • Tenure of the deposit is 10(Ten) years.

 Amount of Deposit Period Amount Payable
50,000 10 Years 1,58,793.00

Other Features
  • The Minimum amount of deposit is BDT 50,000.00(Fifty Thousand) or its multiples.
  • All taxes/duty/levy and /or any other surcharges presently in force or that may be imposed by the Government of Bangladesh (GOB) from time to time will be deducted/ recovered from the deposit account under this scheme.
  • In case of premature encashment (after one year) interest will be more than running Savings and SND interest rate. In case of premature encashment before one year, no interest will be applicable.
 

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