Prime Bank Limited

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MSME Fixed Deposit Receipt

Fixed Deposit Accounts provides a higher rate of interest in return for leaving your money in for a fixed amount of time (or term). This is usually for 1 month, 3 months, 6 months and 12 months. The basic features of MSME Fixed Deposit Receipts are as follows:

	At maturity FDR may be auto renewed principal amount with net interest amount (after deducting AIT) for the next tenor.

	As per client instruction interest amount may be transferred to the link account maintained by the client.

	Prime Bank Limited reserves the right not to allow premature encashment of FDR

	Premature encashment shall be allowed as per FD encashment policy of the Bank. Required Documents

For Sole Proprietorship

	Two Passport Size Photographs of the Proprietor

	One Passport Size Photograph of the Nominee

	Copy of valid & updated Trade License

	Copy of Utility bill (recently paid but not exceeding 2 months)

	Permission from Bangladesh Bank (For buying house, indenting or other specific businesses)

	Copy eTIN Certificate.

For Partnership

	Copy of Certified Partnership Deed/Agreement

	List of the Partners with Address

	Copy of valid Trade License

	Copy of Utility bill (recently paid but not exceeding 2 months)

	Photographs and Photo ID (NID/Passport) of the signatories / Partners

	Evidence of the trading address

	Copy of eTIN Certificate

	Copy of VAT Certificate (if applicable)

For Private Limited Company

	Copy of RJSC Certified Memorandum & Articles of Association of the Company

	Copy of RJSC Certified Certificate of Incorporation

	Board Resolution / Extract of the Board Resolution (Original in Company’s letter head pad)

	Copy of RJSC certified Form X& Form XII

	Photograph of the signatories

	Copy of NID of Signatories/ Directors

	Copy of Utility bill (recently paid but not exceeding 2 months)

	Copy of eTIN Certificate

	Copy of VAT Certificate (if applicable)

	Copy of Valid & Up to dated Trade License

For Club/Society/NGO Account

	Two Passport Size Photographs of the Account holder(s)/ Signatory(s)

	Photo Identification (NID/ Passport) of the signatory(s)

	Copy of Permission from the NGO Bureau / Ministry of Social Welfare (in case of NGO)

	Original copy of Resolutions of the Executive Committee (in Company’s letter head pad)

	Copy of RJSC certified Trust Deed

	Copy of Utility bill (recently paid but not exceeding 2 months)

	Copy of RJSC certified Article of Association

	Copy of RJSC Certified Memorandum of Association

	Copy of eTIN.

In addition to the above, RM/BDM/ Head of Branch may seek additional documents for their comfort and to fill up KYC requirement.