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 3, 5 and 7 years
- Monthly installment amount: any multiple of BDT 1000, starting from BDT 5000 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 | EBL Aspire | |||
Installment | Maturity Amount | 3 | 5 | 7 |
5,000 | 208,136 | 382,531 | 586,500 | |
10,000 | 416,272 | 765,062 | 1,173,000 | |
15,000 | 624,408 | 1,147,593 | 1,759,500 | |
20,000 | 832,544 | 1,530,124 | 2,346,000 | |
25,000 | 1,040,680 | 1,912,655 | 2,932,500 |
* Multiple of 1,000; Minimum amount 5,000; Maximum 100,000 Monthly Installment
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 studentbanking@ebl.com.bd