Easy Way Deposit Scheme (EWDS)
Product Specification:
- Tenure: 2-5 Years
- Profit withdrawal: On maturity
- Profit charging: One year / maturity basis
- Minimum deposit amount: BDT. 1000.00 to open the account
- Scheme Deposit amount: Any amount but not less than minimum amount of BDT. 1000.00
- Scheme deposit frequency: Not fixed, Clint can deposit any amount and any time but not less than minimum amount of BDT. 1000.00
- Matured Amount: Not fixed since scheme amount is not fixed
- Profit rate: A prevailing provisional profit rate
- Excise duty and income tax are applicable as per government laws and regulations which will be realised on maturity or encashment whichever is earlier