Unlike CD, SND and SB account, Branch shall accept deposit of fixed amount of money from the customers for a fixed period of time with interest under the term plan time to time. FDR is neither Transferable nor Negotiable and as such payment against this instrument with interest shall normally be made to the depositor on maturity. Payment against FDR can also be made to nominee or assignee after observing essential formalities.
Any Bangladeshi National (Adult, sound-minded having bonafide income) and institutions / organizations incorporated and operating in Bangladesh who are not adjudicated as insolvent by any Court of Law of the land can open Fixed Deposits Account for fixed tenure with any amount but not less than BDT 10,000 (Ten thousand).
Tenor |
Interest Rate (with effect from 15th January, 2025) |
|
Daily Basis |
61D to 99D |
|
Below Tk.1.00 Crore |
7.50% |
|
Tk.1.00 Crore & Above |
8.00% |
|
100D to 199D |
8.75% |
|
200D to 299D |
9.00% |
|
300D to 360D |
9.25% |
|
Monthly Basis |
1M |
3.50% |
3M |
|
|
Below Tk.1.00 Crore |
8.50% |
|
Tk.1.00 Crore & Above |
9.50% |
|
6M |
|
|
Below Tk.1.00 Crore |
9.00% |
|
Tk.1.00 Crore & Above |
10.00% |
|
12M |
|
|
Below Tk.1.00 Crore |
10.00% |
|
Tk.1.00 Crore & Above |
10.25% |
|
24M |
10.25% |
|
36M |
10.50% |
Currency Exchange Rate