Savings Bank

Ordinary Savings Bank Account
•  Rate of interest is 7.5% in simple rate.
•  Maximum Tk. 30,00,000/- can be deposited in one name.
•  Maximum Tk. 60,00,000/- can be deposited in joint name.

Can be nominated to one or more person.
Fixed deposit
Rate of Profit (%)
Rate of SSP (%)
Total Rate of Profit (%)
At the end of 1st year
10.40%
0.00%
10.40%
At the end of 2nd year
11.40%
0.00%
11.40%
At the end of 3rd year
12.40%
0.84%
13.24%
 
If a depositor withdraws profit after every 6 months the interest rate would be
Fixed deposit
Rate of Profit (%)
At the end of 1st year
10.00%
At the end of 2nd year
10.50%
At the end of 3rd year
11.00%
 

•  Maximum Tk. 30,00,000/- can be deposited in one name.
•  Maximum Tk. 60,00,000/- can be deposited in joint name.
•  Can be nominated to one or more person.
•  10% source tax will be deducted from profit deducted from according to circular