It is an attractive deposit scheme for those who are interested to get high profit rate at a time fixed amount and with installment.

 Key Features:

• Initial Fixed Deposit Tk. 50,000/- & Monthly Installment Tk. 2,000/-, Initial Fixed Deposit Tk. 1,00,000/- & Monthly Installment Tk. 3,000/-, Initial Fixed Deposit Tk. 2,00,000/- & Monthly Installment Tk. 5,000/-.
• Tenure: 3 Years.
• 50% Profit rate.
• Installment fixed by choosing the installment & Fixed amount. Once chose the installment & Fixed amount can’t rectify it further.
• Installment deposited facility by others savings account standing instruction in free of cost.
• Facility for depositing due installment the penalty is 25 tk and more.
• If any customer failed to pay the installment for consecutive three (3) months, the account will be closed automatically.
• In case of early encashment, Profit calculation will be as below;

– Closed Before One Year – Only principal amount will be paid.

– Closed After one Year but before Maturity- Profit at Mudarabah Savings Rate.

Note:

• Maturity value is subject to proper and regular payment of the prescribed monthly installments.
• Maturity Amount showed here is subject to income tax and/or other levies.

Documents needed for availing the service:

1. One copy passport size photograph of the applicant.
2. One copy passport size photograph of the nominee (photograph to be attested by the applicant).
3. Photocopies of National ID/Passport of both applicant and nominee.
4. TIN Certificate (if applicable).

 Eligibility:

• Minimum Age: 18 years.
• Citizen of Bangladesh.

For details, please visit your nearest branch of FSIB.