Objectives
- Help the retired persons for investing their retirement benefits.
- Create investment opportunities for Non-Resident Bangladeshi.
- Explore investment opportunities for school, college, university etc.
- Give investment opportunities for Trust; Foundation etc.
- Deposit a fixed amount of money for a minimum tenure of 03 (Three) year to a maximum tenure of 05 (Five) years.
- Depositor will get a certain sum of money in each month proportion to his/her deposit during the entire tenure.
Benefits
- Minimum amount of required deposit is TK.50,000.00 or its multiple
Masik Munafa Amanat Prokolpo (MMAP) Rates
|
Tenure
|
Simple Interest Rate
|
Effective Interest Rate
|
|
3 & 5 years
|
|
10.68% p.a.
|
|
Tk.890 per month per Tk.100,000/- Before Tax
Effective from 1st January 2025
|
Other Features
- A savings account will be needed to be maintained to receive quarterly benefit payment
- The bank may at any time change, add, or amend any of the terms of this scheme, and the account holder has to accept such changes.
- The Minimum amount of deposit is BDT 50,000.00 (Fifty thousand) or its multiples.
- All taxes/duty/levy and /or any other surcharges persently in force or that may be imposed by the Government of Bangladesh (GOB) from time to time will be deducted/ recovered from the deposit account under this scheme.
- In case of premature encashment interest will be paid on Saving A/C Rate.
- A saving account will be needed to be maintained to receive quarterly benefit payment.
- Loan may be granted up to maximum 80% of the forced encashment value on the date of loan processing. During the period of continuation of loan, monthly benefits of MBS account will be credited only to loan account.
- Loan processing fee be realized BDT 50.00 only and stamp costs also be realized.
Terms & Conditions
Auto renewal option with deposit amount of Tk. 50,000/-or its multiple.
Currency Exchange Rate