Deposits
About Term Deposit
The Term Deposit Scheme is a financial product designed for individuals looking to save towards specific future goals, providing a safe and reliable way to grow their funds over a predetermined period. Under this scheme, the profit earned on the deposit is paid at maturity, ensuring a lump-sum return that can be utilized to meet your financial needs. This scheme is particularly suitable for individuals who are planning for medium to long-term financial requirements.
Key Features
- Profit is paid on maturity
- Embedded auto renewal option
- Deposit tenure is 3, 4-6, 12, 13, 24 and 60 months
- Minimum deposit amount of BDT 25,000
- Instant loan facility up to 80% of principal amount
Required Documents
- Recent passport-size photograph of account holder and nominee
- Photograph of nominee must be duly attested by the account holder
- Photocopy of NID/passport/driving license of account holder and nominee
- TIN certificate of account holder (if available)
How It Works
- Download the account opening form or collect it from your nearest Bangladesh Finance branch.
- Submit the completed form with all required documents.
- Pay your opening amount by BEFTN/cheque/pay order in favor of 'Bangladesh Finance PLC' and provide payment details to the nearest branch.
- Once your payment has cleared, an account opening receipt will be issued for delivery or pick up.
