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EBL 50+ FD
It's time your money works for you!
EBL 50+ FD is a term deposit scheme for people over 50 that offers attractive monthly return on their fixed deposit over one, two or three year period. Make your money work for you!
FD Amount, Tenure
Minimum opening Amount is BDT One Lac or its multiple
Tenure is 1 year, 2 year and 3 year
Key Features
Any Bangladeshi Citizen aged 50 years or above are eligible
Attractive Monthly interest- please see http://www.ebl.com.bd/home/Interest_Rates
interest credited automatically to EBL Current/Savings Account every month*
Credit facility against EBL 50+ FD account is available (maximum 85% of the value).
Auto renewable option available
Premature Encashment*
One year 50+ FD: For Pre mature encashment after minimum 3 month, interest is calculated at Prevailing Savings rate.
Two/Three year 50+ FD: For Pre mature encashment after minimum 6 month, interest is calculated at Prevailing Savings rate.
Interest amount is subject to income tax and/or other levies.
In case of Premature Encashment before the minimum period, no interest will be paid; any additional interest paid will be adjusted from the Principle amount
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