RAKUB Deposit Scheme (RDS)

Overview:

RAKUB Deposit Scheme (RDS) is a scheme for mass public specially for middle class, lower middle class and low income service holder. They can save money in installment basis for their future financial certainty.

Savings Period:

03 Years, 05 Years, 07 Years & 10 Years

Interest Rate:

8% at a compound rate

Monthly Installment Deposit:

500/-, 1000/- and at multiplication rate of 1000/-

Maturity Paid:

For 03 years, 19961/-, 39921/- and multiplication respectively.
For 05 years, 35633/-, 71265/- and multiplication respectively.
For 07 years, 53509/-, 106866/- and multiplication respectively.
For 10 years, 85145/-, 169623/- and multiplication respectively.

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 Policies.
N.B. : For more details please check related Circular and Citizen Charter of RAKUB.