Cautionary notice against illegal online forex trading/dealing | Disclosures on Risk Based Capital (Basel-III)
OBL School Savers
OBL School Savers is a monthly recurring deposit scheme with free insurance coverage for the students under School Banking.
Insurance coverage facility to cover the risk of death or permanent total disability of an insured parent or legal guardian
Insurance benefit up to BDT 10,00,000/-
Free insurance coverage facility for the customer. Bank will bear the insurance premium
Student will receive insurance benefit in addition to principal deposited amount
Maximum 90% Loan facility for parents
Flexible installment size and tenure
Automatic realization of monthly installments
Rate of Interest is
- 3 years – 7.15%
- 5 years – 7.50%
Applicant age must be from 6 years to below 18 years with prior permission of parent/ legitimate guardian
Deposit Products