Prime Fixed Deposit Plus is a new variant of FD where customers make deposit a lump sum amount at a time for a fixed tenor which exerts benefits on maturity
Eligibility
- Bangladeshi Citizen of any Age
- Active linked/transactional CASA Account
- For minors, account can be opened singly with the operating mandate of a parent/ legal guardian or jointly with them, with their operating mandate
Features
- Attractive Interest rate (91days@9.75% & 181days@10.00%)
- Flexible tenor of 91 days & 181 days
- Minimum amount of deposit is BDT 10,000
- No maximum limit of deposit
- Auto renewal option: With interest & principal only
- Loan or overdraft facility of up to 90% of the deposited amount
Interest forfeiture or pre mature encashment rules
|
If encashed |
Interest payable |
|
Before 91 days |
As per prevailing rate of Prime Savings Account |
|
Before 181 days |
91d as per FD Plus rate + fraction days at Prime Savings Rate |
Required Documents
- Completed Personal Fixed Deposit Account Opening Form
- Active Transaction/Link (Current/Savings) Account with Prime Bank
