Brac Bank FDR
FDR refers to a fixed or permanent deposit of a certain amount of money in a bank for a specified period of time and return with capital profit at the end of the period. BRAC Bank FDR rate has increased compared to earlier.
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| Brac bank fixed deposit rate |
Advantage of BRAC Bank FDR
- BRAC Bank FDR or Fixed Deposit Account can be opened at any branch or agent banking center of BRAC Bank.
- BRAC Bank has facility to open single or joint FDR account. Customers can open more than one FDR account if they want.
SOD Loan Facility
- BRAC Bank's FDR provides attractive interest or profit as well as SOD loan of up to 90% against the deposited amount for your urgent needs.
- 1,00,000 or its multiple amount to be opened by the customer. In this case customer can open FDR account with 10,000 on Astha App.
Rate of profit received on deposits
BRAC Bank offers 9% profit below Rs 1,00,000 to Rs 1,00,00,000 and 9% above Rs 1,00,00,000 or above on FDRs with tenors of 18 months, 24 months and 36 months.
- 1,00,00,000 or above 9% if 8.75% for 12 months or one year.
- 8.50% on 180 days 8.75% on 1,00,00,000 or above.
- 1,00,00,000 or 8.50% for three month term 8%.
- 1,00,00,000 or 6% for two month term 5%.
- 1,00,00,000 or above 2% in one month period gives 4% profit.
- BRAC Bank offers 9% profit for 15 months, 9% on 1,00,00,000 or above.
- 8.75% profit for 13 months period, 9% on 1,00,00,000 or above.
- 8.50% on seven and nine month tenure FDR, 8.75% on 1,00,00,000 or above.
- 8% for 150 days tenure, 8.50% for 1,00,00,000 or above.
- 1,00,00,000 or 8.50% on four month FDR 8%.
- 1,00,00,000 or above 8% on 100 day FDR 8.50%.
How much profit for deposit 1 lakh taka
- Deposit 10,00,000 taka for3 months term customer will get 21,870 taka.
- Deposit 10,00,000 taka for 6 months term customer will get 43,750 taka.
- Deposit 10,00,000 taka, you will get 87,500 taka in one year.
Please note that in case of withdrawal of profit, your tax deduction will be 10% if you have TIN certificate and 15% tax deduction if you do not have TIN certificate.
Read more - UCB Bank Fixed Deposit Rate
Documents are required for BRAC Bank Fixed Deposit Rate
- To open an account in this well-known bank, the customer has to provide 2 copies of photographs which must be attested by the introducer.
- Nominee has to provide one photocopy which has to be attested by the account holder.
- Photocopy of NID card of account holder and nominee should be provided if photocopy of NID card is not available then photocopy of passport or birth registration card should be provided.
- Photo attestation must be provided in case of birth registration.