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| EBL Confidence |
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| Your small savings become BIG! |
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 See the magic of turning your monthly small amount of savings into a large amount over a period. You have the option to select the time and the amount of deposit as per your requirement. A perfect investment scheme to boost your confidence – the EBL Way. |
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The name of the scheme is “EBL Confidence” |
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Any citizen of Bangladesh can open this account. This account can be opened in the name of an individual only. |
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Under the scheme account(s) can be opened for a period of 3 (36 Monthly Installments) / 5 (60 Monthly Installments) / 7 (84 monthly installments) / 10 (120 Monthly Installments) years in any denomination at multiple of Tk. 500.00 per month but not exceeding Tk. 20,000.00 per month. |
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Depositor can choose any denomination of deposit per month at the time of opening the scheme, which cannot be changed later on. |
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The rates of interest are: for 3 years: 9.00% per annum; for 5 years: 9.50% per annum; for 7 years: 9.50% per annum; for 10 years: 9.50% per annum. |
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Any benefit from EBL confidence may come under purview of Income Tax of any other levy as decided by the government of Bangladesh. |
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Monthly installments will be automatically realized from the Customer's Personal EBL account linked with EBL Confidence. |
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Deduction of the monthly installments will start from the day of opening EBL Confidence and all subsequent installments will be deducted on the same day of following months. Sufficing available/cleared fund must be kept in the linked account on or within next three days of due date to collect the deposits. |
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If sufficient balance (full value of installment) is not available in the corresponding account for realizing monthly installment in time, Account Holder will have to pay @ 2% on the installment arrear(s) as penalty. |
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In the event of failure to pay monthly installment(s) on or within next three days of the due date, it will be the sole responsibility of the EBL confidence Account Holder to settle the arrear installment(s) before or along with the next deposit due through a written instruction to EBL. |
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If any monthly installment remains unpaid for four consecutive months, the account will be closed automatically. |
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In case of premature closure of the account Tk. 300 (Taka three Hundred Only) will be charged as closing charge. |
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In case of premature closure, the following will be applicable;
- Less than 1 year: self deposited amount without interest;
- More than 1 year but less than 3 years: self deposited amount plus interest @ prevailing savings account interest rate;
- More than 3 years but less than 5 years: matured value of 3 years plus interest @ prevailing savings account interest rate on self deposited amount for fraction period;
- More than 5 years but less than 7 years: matured value of 5 years plus interest @ prevailing savings Account interest rate on self deposited amount for fraction period;
- More than 7 years but less than 10 years: matured value of 7 years plus interest @ prevailing savings account interest rate on self deposited amount for fraction period.
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If there is any loan in the name of the depositor with EBL, then EBL holds the right to adjust the loan amount from the deposit which has been deposited by the by the EBL confidence Account Holder for deposit under the scheme of EBL Confidence. |
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These terms and conditions shall be governed by and construed in accordance with the laws of Bangladesh and the customer and the Bank is hereby irrevocably submit to the non-exclusive jurisdiction of the Courts of Bangladesh. |
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EBL reserved the right to change/alter/ratify the terms and conditions at any time without prior notice. |
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| Maturity Value Table |
| Installment Amount |
Pre-tax Maturity after
3 Years |
Pre-tax Maturity after
5 Years |
Pre-tax Maturity after
7 Years |
Pre-tax Maturity after
10 Years |
| Tk. 500 |
Tk. 20,730.68 |
Tk. 37,994.91 |
Tk. 59,800.58 |
Tk. 100,328.37 |
| Tk. 1,000 |
Tk. 41,461.36 |
Tk. 75,989.82 |
Tk. 119,601.16 |
Tk. 200,656.74 |
| Tk. 2,000 |
Tk. 82,922.72 |
Tk. 151,979.64 |
Tk. 239,202.32 |
Tk. 401,313.48 |
| Tk. 5,000 |
Tk. 207,306.80 |
Tk. 379,949.10 |
Tk. 598,005.80 |
Tk. 1,003,283.70 |
| Tk. 10,000 |
Tk. 414,613.60 |
Tk. 759,898.20 |
Tk. 1,196,011.60 |
Tk. 2,006,567.40 |
| Tk. 20,000 |
Tk. 829,227.20 |
Tk. 1,519,796.40 |
Tk. 2,392,023.20 |
Tk. 4,013,134.80 |
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Note: In case of there installment, multiple of Tk. 500 & Tk. 1,000, will follow the matured value as specified in this table. For example, if installment is Tk. 2,5000 for 3 years tenor maturity value will be Tk. 20,730 X 5 times (Tk. 2,500/500) and if installment is Tk. 7,000 for 3 years tenor maturity value will be Tk 41,461 X 7 times (Tk. 7,000/1000). |
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| EBL Products |
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 | Consumer Loan Products |
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| Consumer Deposit Products |
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| SME Products |
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| EBL Card |
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| EBL Student Banking |
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| EBL Matribhumi - NRB Banking |
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| EBL Internet Banking |
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