BDBL Monthly Deposit Scheme is a fixed monthly deposit scheme for clients where the amount deposited will reach ten million on maturity.

Features and Benefits:
    =>Tenor: 03/05/10 years term;
    =>Deposit amount: TK.500/1000/2000 or more and maximum taka 10,000.00 / -
    =>Deposit on monthly installment basis (within 1 to 10 days of the month);

    =>Attractive interest rate 03 years Term: 5.75%
    =>Attractive interest rate 05 years Term: 6%

    =>Attractive interest rate 10 years Term: 7%;
    => Account can be opened on any working day of the month;
    => Monthly installments can be credited from a fixed CD/SB account via a fixed debit instruction;
    => Monthly installments can be deposited in advance;
    => Credit facility for maximum 1 year can be availed at any time during the scheme period;
    => The applicant can get an overdraft loan of 80% of the total deposit amount;
    => Loan must be repayable within 12 months;
    => Overdraft loan interest rate above 3% then deposit scheme rate;
    => If one month's installment is in arrears then the customer can deposit the arrears with the next month's installment with a maximum penalty of TK. 100;
    => Accounts will be closed automatically if two consecutive installments are due;
    => If the account is closed prematurely, the customer will get the interest rate on savings but if the account is closed before one year, no interest will be charged;
    => Multiple scheme accounts are allowed for different amounts in any branch of the bank;

Eligibility of application:
    => MDS accounts can be opened for both private and corporate organizations.
    => Only resident Bangladeshi nationals are allowed to open MDS accounts.
    => Age bar for opening personal BDBL monthly deposit scheme account: 18 years or more.
    => Single/joint account can be opened.
    => Accounts can be opened in the name of minors. In that case, his legal guardian will manage the account.

Document Requirement:

Applicants must meet the following documentation requirements:
    => Citizenship Certificate / Passport / Photocopy Card of National Identity Card / Driving License.
    => Three recent passport size photographs of the applicant duly attested by the identifier.
    => Two recent passport size photocopies of the nominee duly certified by the account holder.
    => TIN Certificate (if any).
    => Cash deposit check;
    => Single/Joint Account can be opened.
    => Fees and Charges: According to the existing schedule of charges which are displayed separately on the website.

Contact one of our branches.

Conditions: Government tax and excise duty are applicable.

For the application form and required documents, please see our forms and documents

For more information about our other products, contact any of our branches.