Post Office Savings Bank

1.Ordinary Accounts:

Rate of Profits: 7.50%(Simple rate)

Permissible Limit: Tk. 30 lacs Single and Tk. 60 lacs jointly.

Other features:
  • Nominee can be appointed.
  • Profit is calculated on monthly basis.
  • Ordinary accounts may be opened only with Tk.10/-.
  • At the time of open an Account it will be compulsory to show and entry the National Identity Card number in the form.
  • Profit : liable to income-Tax



 

2. Fixed Deposit Accounts:

For 1 year term, 2 years term and 3 years term may be opened. Account holder may draw profit every after six months.

  • Every after six months profit is payable @8.00%. If invested principle amount is withdrawn before maturity profit is payable @7.50% for the 1st year @ 7.75% for the 2nd year.
    • Profit is payable @ 8% for one year term.
    • Profit is payable@ 9% from for two years term.
    • Profit is payable @ 10% for three years term.
  • Permissible limit: Tk. 30(Thirty) lacs singly or Tk.60(sixty) lacs jointly.
  • Nominee can be appointed.
  • Fixed Deposit accounts may be opened only with Tk.100/-
  • At the time of open an Account it will be compulsory to show and entry the National Identity Card number in the form.
  • Profit : liable to income-Tax
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