RAKUB Bangabandhu Special Monthly Savings Scheme (RBSMS)

Overview:

The government of Bangladesh has announced the commemoration of 2020-2021 as the Mujib Year on the occasion of the centennial birth anniversary of the founding leader of the country, Sheikh Mujibur Rahman . To celebrate Mujib Year RAKUB has introduced the scheme RAKUB Bangabandhu Special Monthly Savings Scheme (RBSMSS).

Savings Period:

05 Years, 07 Years & 10 Years

Interest Rate:

6.25% compound rate

Monthly Installment Deposit:

500/-, 1000/-, 2000/-

Maturity Paid:

For 05 years, 34357/-, 68715/- and multiplication respectively.
For 07 years, 50876/-, 101603/- and multiplication respectively.
For 10 years,

Penalty:

2% on Monthly Installment.

Loan Facility:

Upto 80% on Account Balance

Eligibility:

1. Age must be 18 Years old or Above.
2. Children less than 18 Years old with guardian can open account.
3. Citizen of Bangladesh and Same person can open account.
4. Joint account and more than one account can be opened.

Details Information:

Contact nearest branch.

N.B. : Rate of interest is variable time to time by the Bank Interest Rate Principles.