Monthly Earning Scheme
Know About
Monthly Earning Scheme
Benefit Features:
- The period of the deposit will be 1 Year, 3 Years and 5 Years.
- The revised Interest rate will be 10.50% p.a.
- The benefit / interest shall be credited to the Depositor’s Account on the last working day of the month.
- Credit facilities up to 80% of the deposited amount will be allowed against lien on balance of the account at the prevailing rate of interest of Bank.
- This product will be auto renewable.
The payment schedule of Monthly Earning Scheme [MES] of all different periods i.e.; 1 Year, 3 Years & 5 Years will be as follows:
|
Deposit Amount (Tk.) |
Monthly Interest |
Net Payable (Tk.) After 10% Tax |
Net Payable (Tk.) After 15% Tax |
|
100,000.00 |
875.00 |
787.50 |
743.75 |
|
500,000.00 |
4,375.00 |
3,937.50 |
3,718.75 |
|
1,000,000.00 |
8,750.00 |
7,875.00 |
7,437.50 |
|
1,500,000.00 |
13,125.00 |
11,812.50 |
11,156.25 |
|
2,000,000.00 |
17,500.00 |
15,750.00 |
14,875.00 |
|
3,000,000.00 |
26,250.00 |
23,625.00 |
22,312.50 |
|
5,000,000.00 |
43,750.00 |
39,375.00 |
37,187.50 |
|
10,000,000.00 |
87,500.00 |
78,750.00 |
74,375.00 |
*Quoted amounts are indicative. Account can be opened for any amount that is a multiple of Tk. 100,000.00.
Eligibility
Notes:
- In case of providing credit facilities against scheme deposits opened from 04 August 2025, above stated interest rates are to be used in determining Minimum Lending rate.
- Other than the revisions mentioned above, all other features of the respective scheme deposit will remain unchanged until further notification.
- The Scheme Deposits opened on or before 03 August 2025 will continue as it is. Revised interest rates and encashment features will be applicable for those scheme deposits opened / renewed from 04 August 2025.
- Excise Duty, VAT & Income Tax are to be realized from the account as circulated by the Government time to time.
- The calculations of deposit schemes shown above have been calculated excluding Excise Duty, VAT, Income Tax and other charges (if any). The matured value / receivable amount of above Scheme Deposits can differ due to deductions as per Government rules.
- Installment amounts of Scheme Deposits have been rounded off.
Ways to Apply
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