EBL Aspire Scheme

EBL Aspire is a midterm recurring deposit protection scheme (DPS) with higher return which will help you to save for your child's future.

Features:    

  • Choice of Tenure is available for 1, 2, 3, 5 & 7 years
  • Monthly instalment amount: Any multiple of BDT 500, starting from BDT 500 not exceeding BDT 100,000.
  • Any EBL Junior and Campus account holder can open this account    
  • No Initial Deposit needed    
  • Automatic realization of monthly installments    
  • Maximum 90% Loan facility against EBL Aspire Scheme for Campus account holders    
  • In case of Early encashment, Interest forfeiture will be as below:
    • Closed Before One Year – No Interest will be provided
    • Closed After one Year but before three Year- Interest at Savings Rate
    • Closed After 3 Year- 2% less than EBL Aspire Scheme Rate

The below Maturity Value Table shows the different installment amounts on available tenures:

Maturity Amount

Product Name

Maturity Amount

EBL Aspire

Installment

1

2

3

5

7

500

6,309

13,227

20,813

38,253

58,650

1,000

12,618

26,455

41,627

76,506

117,300

5,000

63,092

132,275

208,136

382,531

586,500

10,000

126,185

264,551

416,272

765,063

1,173,000

15,000

189,278

396,827

624,409

1,147,595

1,759,500

20,000

252,371

529,102

832,545

1,530,126

2,346,000

25,000

315,464

661,378

1,040,682

1,912,658

2,932,500

 

*Installment amount must be any amount Multiple of BDT 500; Monthly Installment Minimum amount BDT 500; Maximum BDT 100,000

 

Note:    

  • For other installments maturity value will follow the above table; i.e. if monthly installment is BDT 8000 for 5 years, the maturity value will be 1.6*345982=553571.2 (as 8000/5000=1.6).    
  • Above Monthly Installments are based on prevailing interest rate, and will change with rate change.    
  • Maturity value is subject to proper and regular payment of the prescribed monthly installments    
  • Maturity Amount showed here is subject to income tax and/or other levies.

Eligibility:    

  • Must be EBL Campus/Junior Account Holder    
  • Citizen of Bangladesh

For more information please contact our Contact Center 16230 or visit your nearest EBL Branch or email to [email protected]