Experience the magic of turning your monthly small amount of saving into a million over a given period of time. This product is especially suitable for the parents who are looking for an investment scheme to secure their child’s future. The borrower will be given option to withdraw the equivalent amount of third year balance only after expiry of 5th year.
Features & Benefits
- Choice of term: 5 years, 7 years and 10 years
- Depositor scan choose any denomination (mentioned below) of deposit per month at the time of opening the scheme which cannot be changed later
- Depositor is also provided with choice of how to enjoy their earned benefit, as reflected in below table.
|Tenure||Rate of Interest||Maturity Value|
- If the depositor chooses Option A, the maturity value Tk. 10 lac will be given as maturity value
In case of Option B, the depositor will get the value after 5 years which is equal to 3 years balance and the remaining balance will be paid at maturity.
- Bangladeshi citizen with valid identification document
- The account can be opened in the name of an individual only
- Photocopy of Citizenship Certificate / Passport / Voter I.D. Card / National I.D. Card / Driving License.
- Two copies of recent passport size photograph duly attested by the introducer.Certified document(s) for source of income.
- The account requires to be introduced by an existing and satisfactory account holder of Trust Bank Limited.
- Nominee form and photograph of nominee(s) (signature attested by the account holder). In case of minor nominee, copy of the birth certificate and photograph required.
- Personal Information Form.
- KYC Form.