| Target Group : |
High net worth Corporate clients, lndividuals and Proprietorship concerns. |
| Amount : |
Minimum amount BDT 1(one) crore and above. |
| Product Nature & Purpose
: |
By nature it's a Term Deposit account for the tenor of 3/6/12 months in which interest will be
compounded at monthly basis |
Product features :
|
 |
Tenor 3/6/12 months . |
|
Minimum amount BDT 1(one) crore and above. |
|
Interest rate: 12.50% p.a or as may be decided by ALCO from time to time |
|
Interest cycle: monthly compounding. |
|
| Additional features : |
|
|
For any premature encashment client will be entitled for Interest of 4% p.a or as may be decided by the management from time to time. However, to be eligible for 4% interest rate p.a the client require to invest the fund for tenor of minimum one month. |
|
All the necessary government charges will be deducted as per the prevailing laws. |
|
| Special Condition : |
| There will be an option for the clients to open Money Rotator account below BDT 1(one) crore, in such case, opening of one OBL Gold & Silver Savings accounts will become mandatory for the client. |
