Padma Double Benefit Deposit Scheme (DBDS)

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