Overview

• Rupali Monthly Profit for Women (RMPW) – Shiuli is a monthly profit earning fixed deposit scheme specially dedicated to Women only. This scheme is designed to empower women and ensure solvency among them. Customers will receive monthly profit in their settlement account against a fixed deposit. This will ensure financial stability in different tier of the society. Customers can also auto-renew their account upon maturity (condition applies).

Features

• Deposit Amount: BDT 1,00,000.00 and its multiplication, no maximum limit
• Maturity: 01 year and 03 years
• Interest Rate: 8.00% for 01 year, 8.50% for 03 years
• Monthly Earning: For every BDT 1,00,000.00 deposit, customer will earn BDT 667.00 for 01 year maturity account or BDT 708.00 for 03 years maturity account.

Required Documents

• National ID Card (NID)/Passport/Birth Certificate/Driving License/Any other govt issued photo ID of Depositor and Nominee
• TIN Certificate (optional)
• 02 Passport Size picture for the Account Holder and 01 Passport Size picture of the Nominee

Terms and Conditions

• Account Holder must be 18 Years or older woman, Bangladeshi Citizen with a sane mind. Nominee information is a must
• Account holder must have/open a settlement account before opening this account
• Demise of account holder before account maturity will result in a shutdown of account immediately effective from the day of passing away, or Nominee can receive the monthly earning in his/her settlement account upon maturity. If nominee wants to close the account immediately, pre-mature encashment rule will be applied
• Govt taxes applicable