Monthly Savings Scheme (MSS)

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/-

20,550

37,425

57,400

94,400

124,800

181,300

1000/-

41,100

74,850

114,800

188,800

249,600

362,600

5000/-

205,500

374,250

574,000

944,000

1,248,000

1,813,000

10000/-

411,000

748,500

1,148,000

1,888,000

2,496,000

3,626,000

15000/-

616,500

1,122,750

1,722,000

2,832,000

3,744,000

5,439,000

20000/-

822,000

1,497,000

2,296,000

3,776,000

4,992,000

7,252,000

25000/-

1,027,500

1,871,250

2,870,000

4,720,000

6,240,000

9,065,000

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 rate of interest would be 15.00% p.a.
  • Tax & Excise Duty to be deducted as per Rule.