Prime Hasanah Deposit Premium Scheme is a monthly installment/recurring deposit scheme where customer makes monthly deposit of equal amount over a period of time and in return gets lump sum at maturity depending on installment size & tenure.
Eligibility
- Bangladeshi citizen of any age
- Active linked/transactional CASA account
- For minors, the account can be opened singly or jointly with a parent/legal guardian, with their operating mandate
Features
- Attractive profit rate
- Instalment size of BDT 500 & its multiples
- Flexible tenure of 3/5/7/10 years
- Early encashment eligibility with favorable forfeiture rule
- Investment or overdraft facility up to 90% of the deposited amount
Matured value of Prime Hasanah Deposit Premium Scheme
|
Monthly Instalment(BDT) |
Maturity Value (BDT) |
|||
|
3 Years @ 7.75% |
5 Years @ 8.00% |
7 Years @ 8.25% |
10 Years @8.50% |
|
|
500 |
20,295 |
36,920 |
56,840 |
94,400 |
|
1,000 |
40,590 |
73,840 |
113,680 |
188,800 |
|
5,000 |
202,950 |
369,200 |
568,400 |
944,000 |
|
10,000 |
405,900 |
738,400 |
1,136,800 |
1,888,000 |
|
20,000 |
811,800 |
1,476,800 |
2,273,600 |
3,776,000 |
|
30,000 |
1,217,700 |
2,215,200 |
3,410,400 |
5,664,000 |
|
40,000 |
1,623,600 |
2,953,600 |
4,547,200 |
7,552,000 |
|
50,000 |
2,029,500 |
3,692,000 |
5,684,000 |
9,440,000 |
Note:
- Maturity value is subject to proper and regular payment of the prescribed monthly instalments
- Maturity amount mentioned above is before Tax & Excise Duty
- For other instalments maturity value will follow the above table; i.e. if monthly instalment is BDT 2,500 for 5 years, the maturity value will be 37,925*5=1,89,625 (as 2500/500=5)
- Prime Hasanah Deposit Premium Scheme can be opened at any multiple of Tk. 500 to Tk. 120,000 per month
Premature/ Early encashment Rules
|
Particular |
Profit Payable |
|
If encashed before 12 months |
No profit/provisional profit will be paid |
|
If encashed before 36 months |
As per prevailing provisional rate of Prime Hasanah Savings Account |
|
If encashed before 60 months |
36m as per provisional rate of scheme + fraction days at prevailing provisional rate of Prime Hasanah Savings Account |
|
If encashed before 84 months |
60m as per provisional rate of scheme + fraction days at prevailing provisional rate of Prime Hasanah Savings Account |
|
If encashed before 12 months |
84m as per provisional rate of scheme + fraction days at prevailing provisional rate of Prime Hasanah Savings Account |
Required Documents
- Completed Personal Savings Scheme Account Opening Form
- Active Transaction/ Link (Current/Savings) Account with Prime Bank
