Brac Bank Unit Fixed Deposit
Key Product Features
| Interest Rate | 4.75% |
|---|---|
| Tenure | 1 year |
| Interest Rate Additional Info | #Customer can partially encash their Fixed Deposit even before it reaches maturity. The remaining (non-encashed) amount of Fixed Deposit will be continued to earn interest at the initially agreed rate for the rest of the tenure. |
| Compounding | Yearly |
| Double/Triple Deposit? | N/A |
| Islamic/Conventional? | Conventional |
| Min. Amount | 10000 BDT |
| Max. Amount | N/A |
Fees and Charges
| Monthly Interest Before Tax | N/A |
|---|---|
| Excise Duty | N/A |
| Bank Charge | N/A |
| VAT | 15% |
Eligibility
Eligibility
#Minimum 18 years old. #Bangladeshi Citizen.
Documents
#Applicant's and the nominee's 2 copies PP size Photograph. Nominee's Photo will be attested by the account holder. #Applicant's photocopy & the main copy of NID and nominee's photocopy of NID and a valid photo ID. #Utility Bill Copy.
#Minimum 18 years old. #Bangladeshi Citizen.
Documents
#Applicant's and the nominee's 2 copies PP size Photograph. Nominee's Photo will be attested by the account holder. #Applicant's photocopy & the main copy of NID and nominee's photocopy of NID and a valid photo ID. #Utility Bill Copy.
Other Information
Features & Benefits
#Each Bangladeshi taka will be considered as One unit (BDT 1 = 1 Unit) #No ceiling on the Maximum amount of Fixed Deposit. #Loan facility against lien on Fixed Deposit.
#Each Bangladeshi taka will be considered as One unit (BDT 1 = 1 Unit) #No ceiling on the Maximum amount of Fixed Deposit. #Loan facility against lien on Fixed Deposit.