This is a fixed deposit product which will enable the clients to take the interest of the
intended period at the beginning of the tenure. Highest tenure of the product will be 1 year. This will
be a non-cheque account.
Customer can open the account for 03(three)/ 06(six)/ 12 (twelve) months
3 months – 5.50% (0.50% less than prevailing FDR rate)
6 months – 5.50% (0.50% less than prevailing FDR rate)
12 months – 5.00% (1.00% less than prevailing FDR rate)
However, rate will be varied from time to time.
What is Special of this Account?
Receive profit at the time of opening the account
Support emergency fund requirement
Comfort with profit in advance
Allowed, but client (individual and non-individual) will have to maintain link CASA account.
Option of Auto Renewal?
Yes, you can auto renew
Who are eligible?
Any individual or Company either in single or in Joint name ( proprietor/ partnership farm/
limited liability company) including the existing clients of the Bank.
It can be opened by all including minors.
Minimum deposit amount
Non Individual: Tk.1,000,000
Link account mandatory?
Individual including Partnership & Proprietorship: Mandatory
Non Individual: Optional
Client disagreed to open CASA account as he intends to park the profit into account of his
1st Blood or any other accounts?
Meaning of Munafa, Profit and Interest
All are same
Tax and Excise Duty?
Excise Duty: On Maturity
Tax: Immediately on payment of profit.
Loan against Profit First?
Loan facility up to 70% of the deposit amount
Rate: Generic Savings rate for any unbroken period of 1 month.
Tax: Deducted tax is not refundable.
Death of account holder
Nominee will be entitled with the benefit, otherwise, succession certificate will be required.