Cautionary notice against illegal online forex trading/dealing | Disclosures on Risk Based Capital (Basel-III)
 
Monthly Money Maker
Monthly Money Maker Scheme is a special type of Fixed Deposit Account which provides the applicant with monthly interest accrued from the Fixed Deposit to the applicant's savings/current account. The key features of this product are:
 
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.
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.
 
Amount Monthly Amount Monthly Amount After deduction of Tax @ 10% Monthly Amount After deduction of Tax @ 15% Tenor Interest Rate
Tk.1,00,000.00 500.00 450.00 425.00 1 Year 6.00%
583.33 525.00 495.83 3 Years 7.00%
666.67 600.00 566.67 5 Years 8.00%
 
 
Deposit Products