5 Years Bangladesh Sanchayapatra

Introduced: 1977

Denomination: Tk.10/-, Tk.50/-, Tk.100/-, Tk-500/-, Tk.1000/-, Tk.5000/,Tk.10,000/,Tk.25,000/, Tk.50,000/-, Tk.1,00,000/-, Tk.5,00,000/-,&  Tk.10,00,000/-

From where can be purchased: National Savings Bureaus, Branches of Bangladesh Bank, Schedule Banks and Post offices.
Duration: 5 Years
Rate of Profit: 11.55%(on maturity)
Profit Chart:

Time period	Rate of profit	Payable with profit per Tk.100
On completion of 1st year	8.00%	108.00
On completion of 2nd year	8.75%	117.50
On completion of 3rd year	9.50 %	128.50
On completion of 4th year	10.25%	141.00
On completion of 5th year	(11.00+SSP 0.55)=11.55%	155.00

 

Other features:

• This Savings Certificate can be purchased by all classes of people even minor also.
• The maximum limit is Tk.30 lacs for Single or Tk.60 lacs 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.
• Recognized Provident Fund of the Institutions can be invested.
• Sanchayapatra can be transferred from one issuing office to another of the similar type.
• At the time of purchase it will be compulsory to show and entry the National Identity Card number /passport no./registration no. of birth certificate in the purchase form.
• Source tax is applicable when necessary.
• Social Security Premium (SSP) will be payable after maturity.
• Source tax will  deduct without SSP.