Any Bangladeshi National (Adult, sound-minded having bonafide income) and institutions / organizations incorporated and operating in Bangladesh who are not adjudicated as insolvent by any Court of Law of the land can open this scheme in his/her own name or in joint name or in name of organization by depositing any amount of Tk. 50,000 or its multiple.

•  Two copies of recent passport size Photographs of account holder duly attested by the Introducer.
•   One copy of Passport Size Photograph of Nominee duly attested by the Account Holder.
•  Duly attested photocopy of valid Passport/Employer’s Certificate/ID Card/Driving Licence/Voter ID Card/National ID Card or Certificate about credentials by the local Ward Commissioner/Chairman of Union Parishad
•  Proof of address such as copy of utility bill viz. Electricity Bill/Land Phone bill/Cell Phone Bill/Gas Bill/WASA Bill, etc. in the name of applicants.
•  Tax Certificate (if any)
•  In case of non-personal entity, related documents need to be submitted

•   Depositor may avail credit facility against deposited amount or encashment value of the scheme according to credit policy of the Bank.

•   Tenor of the scheme is 2 or 3 years.
•   Benefit will be given upon completion of each month up to maturity.
•   Renewal of the scheme is not applicable.
•   Benefit amount can be withdrawn in cash or can be transferred to customer’s account without any fee.
•   All government tax, levy, duty or surcharge etc. applicable to the scheme will be deducted from encashment value of the scheme.