Bank Asia Double Benefit Scheme

Bank Asia Double Benefit Scheme

Double benefit scheme refers to keeping the customer's money fixed or permanent in the bank for a certain period and getting double the amount at the end of the period. Bank Asia offers the opportunity to double your money in a short period. That means Bank Asia doubles your money in minimum time in its double benefit scheme. Bank Asia double benefit scheme duration is 7 years.

Bank Asia Double Benefit Scheme

Features of Bank Asia Double Benefit Scheme

• Bank Asia Double Benefit Scheme account can be easily opened by customers at any branch of Bank Asia.
• Customer can open account in single or joint name.
• Bank Asia double benefits scheme interest rate is 14.29% .
• There are no hidden charges
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Deposit amount  of Bank Asia Double Benefit Scheme

• Bank Asia Double Benefit Scheme minimum deposit amount 50,000 taka.
• Maximum deposit amount in single name is 1,00,00,000 taka.
• Maximum deposit amount in joint name is 2,00,00,000 taka.

Loan facility of Bank Asia Double Benefit Scheme

Bank Asia double benefit scheme provides maximum profit in addition to providing loan facilities for urgent needs of customers. The customer will get the opportunity to repay this loan in monthly installments or in one time.

Facility of withdrawing money before maturity

Bank Asia offers its customers the facility of early withdrawal under double benefit scheme. But in that case the profit rate varies. Do remember that to double your money you have to keep your money permanently deposited in Bank Asia's Double Benefit Scheme for a certain period of time. That is, if you withdraw the deposit before the maturity date, your money will not be doubled.

Read more - United Commercial Bank Double Benefit Scheme

Documents are required to open a Bank Asia Double Benefit Scheme account

1. Photocopy of Customer's NID Passport or Birth Registration or Driving License.
2. Two copies of passport size photographs of the customer must be attested by the introducer.
3. Photocopy of NID or Passport or Birth Registration or Driving License of the nominated nominee of the customer.
4. One copy of passport size photograph of the nominee must be attested by the customer.
5. Tin Certificate (if any)
6. Tax deduction will be 10% if the customer has TIN certificate if no certificate then tax deduction will be 15%
7. In case the account holder or nominee is a minor, the local councilor or chairman should provide photo attestation letter.
8. Photocopy of utility bill for customer address proof