| Deposit Amount: | In multiples of Tk.50,000.00 (Taka Fifty Thousand Only). |
| Initial Deposit Date: | Any day of the month. |
| Interest Due: | One month after the initial deposit date, the interest will be credited to the savings/current account. |
| Tenure: | 5 Years |
| Monthly Income on Tk.1,00,000: | Tk.800.00 (Taka Eight Hundred Only) before deduction of 10% Income Tax. Tk.720.00 (Taka Seven Hundred Twenty Only) AFTER deduction of tax @10% Tax will be deducted before the amount is credited to the savings/current account. |
| Rate of Interest: | 12% (simple) |
| Savings Account: | Clients must have or open a savings/current account through which initial deposit will be collected. The monthly interest accrued on the deposit will be disbursed to the client through this savings/current account. |
| Interest Payout Mode: | Interest payout mode should be transfer to savings/current account. |
| Interest Payout Frequency: | Interest Payout Frequency should be monthly. |
| Auto Closure of Account: | The account will immediately cease to operate in case of death of the depositor. |
