Product Type & Tenure:
- Fixed Term Deposit. Tenure options: 1, 3, 6 months; 1–5 years.
Target Customers:
- Individuals (resident or NRB), minors (via guardian), businesses house, institutions.
Profit Payment:
- Profit-sharing: accrued over deposit term, paid at maturity (weightage-based).
Key Features / Benefits:
- Minimum BDT 10,000 no upper limit.
- Auto-renewal available (principal or principal + profit).
- Withdrawal Facility to 80% of deposit value allowed against lien.
- No profit if closed before 1 month; if closed early, profit may be given at savings rate or nearest shorter-tenor rate as applicable.
