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Benefits of DPS
- Forced saving: DPS essentially forces you to save on monthly basis. At maturity, it pays off a handsome amount of money. However, if one fails to pay monthly DPS on consecutive basis, depending on the terms and conditions, he or she might have to pay fine, or the account might get cancelled.
- Your small savings can build a bright future: A DPS is a scheme that allows you to save on a monthly basis and get a handsome amount at maturity. DPS can give you the convenience of saving regularly in line with your monthly income stream. So, if you want to create a big savings to fulfill your cherished dream, DPS is the right solution.
- Installment sizes and DPS term DPS: Can have a range of options for both installment size and maturity. The monthly installment can be as low as BDT 500 or any multiples of it i.e. BDT 1,000.00 , BDT 2,500.00 , BDT 5,000.00 and so on.