Eligibility:
- Must be a Non-resident Bangladeshi
- 18 years & above
Instalment Amount:
Minimum BDT 1000.00 with no upper limit (multiple of BDT 1000)
| Tenure |
Minimum Instalment Size |
Maturity Value |
| 5 Year |
BDT 1000 |
76,267.97 |
| 7 Year |
BDT 1000 |
118,941.95 |
| 10 Year |
BDT 1000 |
201,608.43 |
Key Features:
- Instalment shall be deposited on the DPS account opening date of each month
- Free auto instalment transfer from link account. No need to stand in Branch queue
- 7-days grace period for instalment payment after due date without penal charge
- Missed instalment(s) within the stipulated time will incur penal charge as per product interest rate on the overdue amount
- Fulfill urgent financial requirements without encashing the DPS by availing credit facility up to 90% of the deposit
Note:
- Credit facility/Loan can be availed after 1 year completion of the scheme subject to proper & timely payment of the prescribed monthly instalments
- Income tax on interest & Excise Duty will be as per prevailing regulatory guidelines
- A current/savings account in UCB is mandatory for opening DPS account
- Conditions applied
