Overview

• Rupali Kotipoti Deposit Scheme (RKDS) – Polash is a monthly instalment based deposit scheme. Becoming a “Kotipoti” is a dream and desire for all where Rupali Bank is offering the opportunity to turn people’s dream into reality with attractive interest rate and unique features. This scheme is designed for long term investment with high return value. This scheme is an excellent choice for the customers who want a fixed and stable saving for a long period to reach future goals. Customers can pay the instalment in any date of the month. In addition, customers can avail auto-debit deduction for tension-free payment. Customers will also receive free SMS alert after every payment. OD loan facility is available for this deposit scheme against primary deposit balance.

Features

• Interest Rate: 8.50%
• Maturity: 08 years, 10 years and 15 years
• Instalment Size: BDT 74,000.00 (08 years), BDT 54,000.00 (10 years) and BDT 28,500.00 (15 years)

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, Bangladeshi Citizen with a sane mind. For minor account, it must be a joint account with an adult.
• Nominee information is a must
• Account holder must have/open a settlement account before opening this account
• Demise of account holder/any of the account holders before account maturity will result in a shutdown of account immediately effective from the day of passing away. Nominee can claim the money with proper documents (Pre-mature encashment rule will be applied)
• Govt taxes applicable.