Overview

Bank Asia is offering wide variety of deposit products. Deposit pension Scheme (DPS) is one of those. It is a special savings plan with various tenures and amount which allows customers to deposit monthly and receive a handsome amount at maturity.

 

Key Features

  • Attractive and competitive interest rates
  • No hidden charges
  • Tax benefits as investment rebate
  • SOD loan facilities can be availed
  • No online charges for monthly deposit
  • Customer will enjoy charge free Savings Account which is used only for DPS purpose
  • Tenure: 3, 5, 7, 10 and 12 years
  • Installment Size: Deposit amount starts from Tk. 500 to Tk. 20,000 monthly

Documents Required

  • Account Opening Form
  • Photo ID/ National ID/ Passport / Driving License of customer & Nominee(s)
  • Recent photograph of customer & Nominee(s)
  • Proof of Address
  • Signed Terms & Conditions
  • TIN Certificate (if applicable)

Terms & Conditions:

  • Only individuals can open this account
  • Can be opened both in single and joint names.
  • All the relevant source tax, excise duty and other levies as per govt. laws and regulation or instruction of NBR.
Monthly Savings After 3 years After 5 years After 7 years After 10 years After 12 years
500 21,000 39,000 59,000 99,000 133,000
1,000 42,500 78,000 118,000 198,000 266,000
2,000 84,000 156,000 236,000 396,000 532,000
3,000 126,000 234,000 354,000 594,000 798,000
4,000 168,000 312,000 472,000 792,000 1,064,000
5,000 210,000 390,000 590,000 990,000 1,330,000
8,000 336,000 624,000 944,000 1,584,000 2,128,000
10,000 420,000 780,000 1,180,000 1,980,000 2,660,000
15,000 630,000 1,170,000 1,770,000 2,970,000 3,990,000
20,000 840,000 1,560,000 2,360,000 3,960,000 5,320,000