Mutual Trust Bank DPS Scheme

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.


What documents are required to open Mutual Trust Bank DPS

  1. Photocopy of account holder's NID card or passport, or birth registration or driving license.
  2. Two recent passport size photographs of the account holder. The photo of the account holder must be duly attested by the introducer or introducer.
  3. Photocopy of customer's nominated nominee's NID, or passport or birth registration or driving license to be attested by the account holder.
  4. 1 copy of recent passport size photograph of the nominee which must be attested by the account holder.

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