Mercantile Bank Fixed Deposit Account
Key Product Features
| Interest Rate | 6.50% | 6.00% | 5.25% | 3.50% |
|---|---|---|---|---|
| Tenure | 1 year | 6 months | 3 months | 1 month |
| Interest Rate Additional Info | #Loan may be granted up to maximum 80% of the forced encashment value on the date of loan processing. During the period of continuation of loan, quarterly benefits will be credited only to loan account. | |||
| 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
# 18 year old. # Bangladeshi Citizen.
Documents
#Name of applicant(s) together with name(s) of parents and spouse(s). #Present and Permanent Address. #Date of Birth. #Nationality. #TIN (if any). #Duly attested photocopy of valid Passport / Employer’s Certificate / ID Card / Driving Licence / Voter ID Card / National ID Card or Certificate about credentials by the local Ward Commissioner / Chairman of Union Parishad. #Two copies of recent passport size Photographs of account holder duly attested by the Introducer. #One copy of Passport Size Photograph of Nominee duly attested by the Account Holder. #Copies of Utility Bills, viz. Electricity Bill / Land Phone bill / Cell Phone Bill / Gas Bill / WASA Bill, etc. in the name of applicants.
# 18 year old. # Bangladeshi Citizen.
Documents
#Name of applicant(s) together with name(s) of parents and spouse(s). #Present and Permanent Address. #Date of Birth. #Nationality. #TIN (if any). #Duly attested photocopy of valid Passport / Employer’s Certificate / ID Card / Driving Licence / Voter ID Card / National ID Card or Certificate about credentials by the local Ward Commissioner / Chairman of Union Parishad. #Two copies of recent passport size Photographs of account holder duly attested by the Introducer. #One copy of Passport Size Photograph of Nominee duly attested by the Account Holder. #Copies of Utility Bills, viz. Electricity Bill / Land Phone bill / Cell Phone Bill / Gas Bill / WASA Bill, etc. in the name of applicants.
Other Information
Features & Benefits
N/A
N/A