EBL Little Star

Let’s make a better future for your child

EBL Little Star is yet another attractive deposit protection scheme (DPS) with higher return, which will help you save for your child’s future. This is a monthly recurring savings scheme is operated by parents.


Key Features:

  • Choice of tenure available 3,5,7 & 10 years
  • Competitive interest rate
  • Monthly instalment amount : any multiple of BDT 1,000 starting from BDT 1,000 not exceeding BDT 50,000 per month
  • Parents must have a linked EBL account to open EBL Little Star scheme
  • Operating parent can open multiple DPS in the name of the child
  • Automatic realization of monthly instalment
  • There is no loans will be created against this product
  • EBL Little star comes with a robust insurance package named Green Delta Protisruti which includes Hospitalization coverage, outpatient care, and a daily allowance of BDT 2,500 during hospitalization.


Identification Document

  • Photocopy of Birth Certificate of Child/Provided Birth Certificate from Hospital/ Tika Card of Child.
  • Photocopy of Operating Parent’s NID/Passport/Birth Certificate (with attested photo ID (Should be available with operating parent’s CASA)
  • One copy passport size photograph of the child.
  • One copy passport size photograph and NID/Passport/Birth Certificate Copy of nominee.

 

KYC requirement and other required documents as per Bangladesh Bank Guidelines & circulars.

Separate CIF and KYC will be filled for the new-born.

Relevant Charges

  • All Fees are as per Prevailing Schedule of Charges


Eligibility:

  • Any Bangladeshi resident
  • Aged below <05 years for the children
  • Account Agreement to be signed by the father or mother on behalf of the minor ( Son or Daughter)

In case of early encashment, Interest forfeiture will be as below:

  • Closed Before One Year – Only Principal Amount
  • Closed After one Year but before three Year- Interest at Power Savings Rate
  • Closed After 3 Year- 2% lower than booked Rate


Calculator

Product Name

EBL Little Star

Rate

Maturity Amount

9.25%

9.25%

9.25%

9.25%

Instalment

3

5

7

10

1000

41,627

76,506

118,443

197,786

5000

208,135

382,530

592,215

988,930

10000

416,270

765,060

1,184,430

1,977,860

15000

624,405

1,147,590

1,776,645

2,966,790

 

  • *Any multiple of BDT 1,000 starting from BDT 1,000 not exceeding BDT 50,000 per month
  • * Subject to ALCO decision