Deposit Pension Scheme
Deposit Pension Scheme (DPS) is an installment-based savings’ scheme of Dhaka Bank for a single individual. Dhaka Bank DPS offers competitive interest rates and installments that are affordable for our Customers.
The scheme offers the flexibility of tailoring the amount of monthly deposit based on monthly cash flow position. The minimum monthly deposit is BDT 500 and in multiples of BDT 500, subject to a maximum of BDT 20,000.
Number of DPS Accounts:
An individual can maintain maximum 5 no. DPS accounts in a single name or in joint names, with any of your family members. If you maintain any other account with Dhaka Bank, along side DPS account, you have the option to put a standing instruction (Auto Debit) tagged with the account, to be executed as per your own instruction, without any hassle of not missing any due DPS installment.
Who Can apply:
- Any Bangladeshi Citizen, 18 years or over, is eligible to avail the facility of Dhaka Bank DPS scheme.
- A minor operated by a legal guardian may also open the account.
Closure of Account:
The account will immediately cease to operate in case of the followings:
-Death of the account holder.
-Failure to pay 5 consecutive installments
To open a DPS account, it is required to do/submit the followings :
-Fulfilling Account opening formalities
-Filling in DPS application form
-2 copy passport sized Photograph of the applicant
-1 copy passport sized photograph of the nominee attested by the applicant
Dhaka Bank DPS is a very convenient Savings plan. For details, consult the following table :
Deposit Pension Scheme : Monthly Installment vs Maturity Value
Monthly Deposit Amount
The matured value is subject to taxes and other Govt. levis during the tenure of the deposit.
For further details, please call us at :
+880.1922.101.050 and/or +880.1922.101.051 or E-Mail at “email@example.com
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