3 Monthly profit bearing Sanchayapatra
Introduced: 1998
Denomination: Tk.1,00,000/-, Tk.2,00,000/- & Tk.5,00,000/-.
Implemented by: National Savings Bureaus, Branches of Bangladesh Bank, Schedule Banks & Post Offices.
Duration: 3 Years
Rate of Profit: 12.59% (on maturity).
Table-1: Rate of profit
Time period |
Rate of
profit * |
SSP** |
Total Rate |
Payable with profit per Tk.100 |
On completion of 1st year |
9.80% |
0.00% |
9.80% |
109.80 |
On completion of 2nd year |
10.80% |
0.00% |
10.80% |
121.60 |
On completion of 3rd year |
11.80 % |
0.79% |
12.59 % |
137.77 |
*Profit on which source tax deduction is applicable.
** SSP= Social Security Premium |
Table-2: Denomination-wise profit:
Investment
amount (Taka) |
3-monthly Profit amount (Taka) |
Amount of Profit* |
Amount of SSP** |
Amount of Total profit |
1 |
2 |
3 |
4 |
a) 1,00,000.00 |
2,950.00 |
197.50 |
3,147.50 |
b) 2,00,000.00 |
5,900.00 |
395.00 |
6,295.00 |
c) 5,00,000.00 |
14,750.00 |
987.50 |
15,737.50 |
*Profit on which source tax deduction is applicable;
**SSP= Social Security Premium
N.B: In case of premature encashment, profit will be paid by yearly basis and the excess paid amount will be adjusted from principal amount.
|
Other Features:
- After every three month profit may be drawn.
- This savings certificate can be purchased by all classes of Bangladeshi People.
- The maximum limit is Tk.30 lac for single or Tk.60 lac for joint investment.
- Nominee can be appointed.
- Duplicate Sanchayapatra may be issued in case of theft, missing or damaged.
- In case of death of the holder Nominee can encash the Sanchayapatra at any time before maturity or on maturity as per his/her wish.
- No profit is payable if it is encashed before one year. If excess profit is drawn it will be adjusted from the principal amount.
- Sanchayapatra can be transferred from one issuing office to another of the similar type.
- At the time of purchase it is compulsory to show and entry the National Identity Card number/passport number/birth certificate number in the purchase form. Source tax may impose on profit by government.
Social Security Premium (SSP) will be applicable only for mature redemption.
