Padma Bank

Padma Double Benefit Deposit Scheme (DBDS) is designed for individuals who want high and significant fixed deposit after a fixed tenure.

Features:

• The initial amount deposited will be double.
•  Shortest tenure 5 years 6 months (5.5 Year).
•  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	Interest
50,000 and its multiple	1,00,000	5 Years 6 Months	13.45%

 

Target Customers:

The Scheme is designed for the valued customers who want attractive return after depositing a single installment initially.

Terms and Conditions:

•  For any further query please contact your nearest Padma Bank Branch or call 16612