OBPLC Insured Deposit Scheme

OBPLC Insured Deposit Scheme is a monthly recurring deposit scheme product with free insurance coverage for OBPLC Retail CASA account holders.

Features:

  • Free insurance coverage facility to cover the risk of death, accidental death and hospitalization expenses.
  • Amount of insurance benefit:
    • Maximum BDT 10,00,000/- for Life Insurance (in case of death)
    • Maximum BDT 20,000/- yearly cash coverage for Health Insurance (hospitalization expenses)
  • Nominee or Beneficiary will receive insurance benefit in addition to principal deposited amount.
  • Bank will bear the insurance premium.
  • Maximum 90% Loan facility.
  • Automatic realization of monthly installments from linked OBPLC Retail CASA accounts.
  • Interest Rate:
    • 3 years: 9.50%
    • 5 years: 10.00%
  • Available Installment Size: BDT 2,000, BDT 5,000, BDT 7,000, BDT 10,000, BDT 15,000 and BDT 20,000.

Additional Benefits:

  • Yearly free Two Online healthcare session for clients
  • Clients can submit health claims through web portal from round the world
  • Up-to 50% discount at more than 100+ medical partner outlets in Bangladesh
  • Each client will get 1 free tele-video consultation with Foreign Doctor*
  • Mobile Apps for health insurance claim submission
  • Dedicated hotline number for OBPLC Insured Deposit Scheme account holders
    * 48 hours’ prior notice<>/span>

Eligibility:

  • Must have a Retail CASA account with OBPLC
  • Any individual who are in good health and age is between 18 to 60 years old can open this account.
  • Account holder must be Bangladeshi citizen

Retail Deposit