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. 10,000 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
  • All the relevant source tax, excise duty and other levies as per govt. laws and regulation or instruction of NBR.

Maturity Value at the end of tenor

Monthly Saving

3 years

5 years

7 years

10 years

12 years

500 19,000 33,500 50,000 82,000 110,000
1,000 38,000 67,000 100,000 164,000 220,000
2,000 76,000 134,000 200,000 328,000 440,000
3,000 114,000 201,000 300,000 492,500 660,000
4,000 152,000 268,000 400,000 656,000 880,000
5,000 190,000 335,000 500,000 820,000 1,100,000
8,000 304,000 536,000 800,000 1,312,000 1,760,000
10,000 380,000 670,000 1,000,000 1,640,000 2,200,000