Monthly Savings Scheme (MSS)
Any Person or Institution can open the MSS accounts by Depositing initially Tk. 500.00 or multiple of Tk. 500.00 and for remaining period monthly premium to be deposited on the same of initial deposit for the period of 3, 5, 7, 10, 12 & 15 years.
Monthly Installment (Tk) |
Period 3 Years |
Period 5 Years |
Period 7 Years |
Period 10 Years |
Period 12 Years |
Period 15 Years |
|
500/- and multiple of 500/- |
7.00% |
7.00% |
7.00% |
7.00% |
7.00% |
7.00% |
Terms and conditions:
- No encashment of the above deposit will be made before 12 (twelve) months.
- Monthly Premium to be deposited within 10th day of the month.
- Depositors can avail loan facility up to 90% of his deposited amount subject to minimum loan amount not less than Tk. 25,000.00
- Tax & Excise Duty to be deducted as per Rule.