Overview

Bank Asia Offers various type of deposit products ensuring handsome income of the customers. In Bank Asia Shanchay Plus one can deposit BDT 1,00,000 or it’s multiple and will receive a handsome amount of interest from his/her investment

Key Features:

  • Attractive return on deposit amount
  • Flexible deposit tenures 12 months, 24 months, 36 months
  • No hidden charges
  • Freedom to encash at three mentioned points of time with interests.
  • SOD loan facilities
  • Maximum deposit tenure is 3 years
  • Deposit amount starts with Tk. 100,000 or its multiple
  • Maximum deposit amount under single name Tk. 10,000,000
  • Maximum deposit amount under joint name is Tk. 20,000,000

Documents Required

  • Completed account opening form
  • Passport size photograph for each account holder and nominee(s)
  • Proof of identification such as national/Voter's ID, Passport or Driving License of customer & Nominee(s)
  • Tax Identification Number (TIN)

Terms and Conditions:

  • Only individuals can open this account
  • Maximum two person can open a joint account
  • Conditions for early encashment:
    • 0-11 Months: No interest will be paid
    • 12-23 Months: Only one year interest will be paid. Interest Amount : BDT 7,500/-
    • 24-35 Months: Only two years interest will be paid. Interest Amount : BDT 16,000/-
    • 36 Months: Maturity Value. . Interest Amount : BDT 27,000/-
  • All the relevant source tax, excise duty and other levies as per govt. laws and regulation or instruction of NBR.