Brac Bank Unit Fixed Deposit

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.

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.