Advance Earning Deposit
Its enormous, it’s beyond your expectation. We are offering to provide your investment-based income at DAY ONE. This is nothing but growing your interest in saving amount. Let’s enjoy your benefit from the very beginning of your investment.
- Minimum Age: 18 years
- Any Bangladeshi Individual
- Can be opened in single/joint name
- Can also be opened in the name of a Minor under guardianship
- Can be opened in the name of firms, companies, associations, societies, trusts, NGOs, educational institutions etc.
- Can be opened in any branch or sub-branch
- Can be renewed for further similar tenure with or without interest capitalization. In order to avail auto renewal facility, applicant must tick the appropriate box in the BAEFD application form.
- Excise Duty, VAT and Tax will be deducted as per the prevailing govt. rules.
- The Bank reserves the right to add, delete, amend or alter any of these rules and regulations. Such Changes shall become effective upon being displayed of such notice in the premises or by any other mode of communication which the Bank may deem fit.
- One can avail SOD against lien of Principal deposit amount in BAEFD Account. (Maximum 90% of the value)
- One can open more than one BAEFD.
Rate And Tenor
- Minimum opening amount is BDT50,000.00
- Tenor: 1 year, 2 year, 3 year