AB Bank DPS Scheme

AB Bank DPS

Depositing a certain amount of money in your bank account every month for a certain period of time and getting the money with interest at the end of the period is called DPS. AB Bank has opened the facility of DPS to all. You can go to the bank and start AB Bank DPS by knowing the different DPS schemes of your choice. You can know about AB Bank DPS from this article. 

AB Bank DPS Scheme

AB Bank DPS Profit Amount

AB Bank is offering attractive interest rates on DPS. AB Bank DPS interest rate 8.50% .

AB Bank is offering attractive interest rates on DPS.

• If deposit 500 taka monthly, the customer will get 20,521 taka at the end of 3 years, 37,342 taka at the end of 5 years, 57,210 taka at the end of 7 years, and 93,961 taka at the end of 10 years.
• If deposit 1000 taka monthly, the customer will get 41,042 taka with profit at the end of 3 years, 74,684 taka at the end of 5 years, 114,421 taka at the end of 7 years, and 127,921 taka at the end of 10 years.
• If deposit 2000 taka monthly, at the end of 3 years the customer will get Tk 82,083 with profit, at the end of 5 years the customer will get Tk 149,368, at the end of 7 years the customer will get Tk 228,842, at the end of 10 years the customer will get Tk 375,842.
• If deposit 5000 taka monthly, the customer will get 205,208 taka with profit at the end of 3 years, 373,420 taka at the end of 5 years, 572,104 taka at the end of 7 years, 939,606 taka at the end of 10 years.
• If deposit 10,000  taka monthly, at the end of 3 years the customer will get 410,417 taka with profit, after 5 years the customer will get 746,841 taka, after 7 years the customer will get 11,44,208 taka, after 10 years the customer will get 18, 79,212 Tk.

You can do DPS of AB Bank for Tk 500 or more but up to Tk 10,000.

Loan facility

You can get up to 90% SOD loan facility during emergency.

Read more - Agrani Bank DPS Scheme

Documents required to open an AB Bank DPS account

1. Photocopy of account holder's NID card or passport, or birth registration.
2. Two copies of passport size photographs of the account holder must be attested by his introducer.
3. Photocopy of Nominee's NID, or Passport or Birth Registration.
4. 1 photo copy of the nominee must be attested by the account holder.
5. In case of current account i.e. business account must have trade license.
6. Customer's E-TIN Certificate (if any).

If the customer has e-tin certificate, the tax deduction will be 10%. If the customer does not have an e-TIN certificate, the tax deduction will be 15%.