''পদ্মা নবান্ন ফিক্সড ডিপোজিট'' / ''Padma Nobanno Fixed Deposit'' a new Fixed Deposit product for 06 months period with very attractive return.
Product Rate:
- Only for new/ fresh deposit @ 7.50%
Features:
- Auto renew options (principle amount only or interest plus principle amount) available.
- 6 months tenure.
- Customers will avail savings rate for premature encashment after 1 month. Encashment before 1 month, no benefit will be proceed.
- 80% SOD (Secure Overdraft) available.
- All Government levies will apply.
- Nominee can continue after applicant’s demise.
- FD receipt is non transferable.
Target Customers:
- All types of customers like personal, Joint and Partnership. Every Retail, SME, Corporate, Limited organizations can apply for the product.
- Citizenship: Bangladeshi.
Requirements:
- 2 copy passport size photographs of applicants, 1 copy passport size photograph of nominee and NID of applicant and nominee is required.
- All other documents related to open FD will be required.
*The Bank reserves the right to change any clause/ conditions as and when required.