Overview

• Rupali Monthly Savings Scheme is a monthly installment based deposit scheme. This scheme is highly flexible with installment amount starting from just BDT 500/- to BDT 25,000/- with attractive interest rate. This scheme has the flexibility to deposit the installment at any day of the month. Even if any customer fails to submit 02 (two) consecutive installments, he/she can still continue the scheme with a very small penalty in the third month. This account can be opened in Joint Name as well as in favor of Minor where Father/Mother Legal Guardian will operate the account till the Minor reaches 18 years.

Features

• Interest Rate: 5.25%-6.00% Compounding
• Monthly Installment Based Deposit Scheme
• Monthly Installment: BDT 500/-| 1,000/-| 2,000/-| 2,500/-| 5,000/-| 10,000/-| 20,000/-| 25,000/-
• Maturity: 03 years (5.25%), 05 years (5.50%) and 08 years (6.00%)

Required Documents

• National ID Card (NID)/Passport/Birth Certificate with proper validation of Account Holder and Nominee
• TIN Certificate (optional)
• 2 Passport Size picture for the Account Holder and 1 Passport Size picture of the Nominee

Terms and Conditions

• 18 Years or older any Bangladeshi Citizen with a sane mind
• Account can be opened in the name of minors and Father/Mother/Legal guardian will operate the account
• 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