Padma Double Benefit Deposit Scheme (DBDS) is designed for individuals who want high and significant fixed deposit after a fixed tenure.
Target Customers:
The Scheme is designed for the valued customers who want attractive return after depositing a single installment initially.
Features of the Scheme:
- The initial amount deposited will be double.
- Shortest tenure 10 years 3 months.
- Minimum deposit amount is BDT 50,000 and its multiples with no upper ceiling.
- One person can open more than one “Double Benefit Deposit Scheme”.
- 80% Loan/Overdraft facility against deposited amount.
An example is presented in the following table:
Deposit Amount |
Matured Amount |
Tenure |
50,000 and its multiple |
1,00,000 |
10 Years 3 Months |
Terms and Conditions:
- For any further query please contact your nearest Padma Bank Branch or call 16612