Platinum Deposit

This is the most lucrative Deposit Scheme for the cautions saver, who can place his/her valued funds for 15 months. At the end of 15 interest would be capitalized and customer has the option to renew the same for another term.

Product Feature

  • Deposit tenure is 15 months
  • Profit will be paid on completion of the term
  • Minimum Deposit amount of BDT 50,000
  • Up to 80% quick loan facility is offered against deposit at only 2.50% higher rate from the rate of FDR
  • Early encashment is allowed after 3 months
  • Auto FDR renewal option available with or without interest according to your choice

Eligibility

  • Minimum Age: 18 years
  • Citizen of Bangladesh

Privilege offer

Senior Citizens and Home Loan customers are eligible for preferential rate over the prevalent rate.

Requirements

  • Recent Passport size photograph of A/C Holder and Nominee
  • Photograph of Nominee has to be duly attached by the account holder
  • Photocopy of NID/Passport/Driving License of A/C Holder and Nominee
  • TIN Certificate of A/C Holder ( IF available)
  • Download the MDS Form/ Collect the Form from your nearest BD Finance Branch
  • Provide completed Account Opening Form with all required documents.
  • Pay your opening amount by BEFTN/Cheque/Pay order in favor of “Bangladesh Finance And Investment Co. Limited” and provide payment details to nearest BD finance Branch.
  • Once your Payment has been cleared, an MDS account opening receipt will be issued to your name for delivery or pick up.
INCOME TAX DEDUCTED AT SOURCE

Deduction Rate

(on interest)

If E-TIN is Submitted 10.00%
If E-TIN is Not Submitted 15.00%

 

EXCISE DUTY YEARLY PER ACCOUNT Duty Amount
Balance up to Tk.1 Lac N/A
Balance above Tk.1 Lac but not more than Tk. 5 Lac Tk.150.00
Balance above Tk.5 Lac but not more than Tk. 10 Lac Tk.500.00
Balance above Tk.10 Lac but not more than Tk. 1 Crore Tk.2,500.00
Balance above Tk.1 Crore but not more than Tk. 5 Crore Tk.12,000.00
Balance above Tk. 5 Crore Tk.25,000.00