Mutual Trust Bank DPS
Mutual Trust Bank DPS is where a customer deposits a certain amount of money in the bank every month and after the expiry of the term the customer gets a good amount of money returned.
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| Mutual Trust Bank DPS Scheme |
Features of Mutual Trust Bank DPS
- Mutual Trust Bank's DPS account can be opened at any branch, sub-branch or agent banking center.
- Mutual Trust Bank provides emergency loan facility to the customer against the money deposited in DPS.
- Mutual Trust Bank DPS provides facility of withdrawal before maturity..
Mutual Trust Bank DPS monthly installments, interest rate, and amount of money received at the end of the term
- Mutual Trust Bank pays 3156 taka to the customer after 1 year term at 9.50% profit on monthly deposit of 250 taka. At the end of 3 years 9% profit is paid to the customer 10339 taka. 18,793 taka at a profit of 8.75% over a period of 5 years to the customer. Pays 34,228 taka at 8.50% profit for 8 years. 46,980 taka at 8.50% profit for 10 years.
- A monthly deposit of 500 taka for 1 year period pays 6 thousand 312 taka at 9.50% profit. Pays 20 thousand 679 taka in 9% profit for 3 years. Pays 37 thousand 585 taka at 8.75% profit for 5 years. 93 thousand 960 taka paid for 10 years.
- Monthly deposit of 1000 taka pays 12,625 taka in 1 year. Paying 41 thousand 359 taka for 3 years. Paying 5 years 75172 taka. Paying 136912 taka for 8 years. 187921 taka paid for 10 years.
- A monthly deposit of 2000 taka pays 25 thousand 250 taka for 1 year. 82 thousand 718 taka paid in 3 years. Paying 5 years 150345 taka. Paying 375842 taka for ten years.
- With a monthly deposit of 5000 taka, Mutual Trust Bank pays the customer 63 taka thousand 126 in a year. 267960 Taka for 3 years. Paying 375863 taka for 5 years. 8 years pay 684560 taka. 949605 taka paid for 10 years.
Read more - City Bank DPS Scheme
What documents are required to open Mutual Trust Bank DPS
- Photocopy of account holder's NID card or passport, or birth registration or driving license.
- Two recent passport size photographs of the account holder. The photo of the account holder must be duly attested by the introducer or introducer.
- Photocopy of customer's nominated nominee's NID, or passport or birth registration or driving license to be attested by the account holder.
- 1 copy of recent passport size photograph of the nominee which must be attested by the account holder.