Shwapno (One Year Monthly Deposit Scheme)
“Shwapno” a personal savings plan to help individuals to fulfill any desired dream. It is a short-term deposit scheme and customer will get Tk. 1.00 lac just after 1 year. Our slogan is, “Design your dream with Premier Bank through monthly installments”.
- Tenor : 1 Year
- Monthly Installment : Tk. 7,915.00
- Interest Rate : 9.48% p.a. (Appx)
- Maturity Value : Tk. 100,000.00 (Excluding TAX)
- Loan Facility : Available up to 85% of deposit amount
- Customer Eligibility : Account can be opened by individual/joint/NRB and minor can also open account with their parents.
- Age : No bar
Terms & Conditions:
- It is mandatory to have an account with this Monthly Deposit Scheme
- If depositor fails to pay 2 consecutive installments at any point of time, the scheme will be cancelled and no interest will be paid. Principal amount will be transferred to link account automatically.
- In case of premature encashment, no partial interest will be allowed on the deposited amount.
- Tax or levy as imposed by the government from time to time shall be deducted at source at the time of encashment of the scheme
- A person can open more than one account for different amount of deposits under any branch of the bank.
**For any further query please contact your nearest Premier Bank Branch