The Minimum amount of deposit is BDT 50,000.00 (Fifty thousand) or its multiples.
All taxes/duty/levy and /or any other surcharges persently 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 interest will be paid on Saving A/C Rate.
A saving account will be needed to be maintained to receive quarterly benefit payment.
Loan may be granted up to maximum 80% of the forced encashment value on the date of loan processing. During the period of continuation of loan, monthly benefits of FMD account will be credited only to loan account.
Loan processing fee be realized BDT 50.00 only and stamp costs also be realized.
