Dhaka Bank has recently refurbished its Gift Cheque. The features of the gift cheque are as follows:

• Can be encashed at any branch even if the encashing branch is not the issuing branch of the instrument.
• Interest will be applicable only if the instrument is encashed after three months from the date of issue in the following manner:
  1. No Interest if encashed before three months from the date of issue.
  2. 6% if encashed after three months and before twelve months from the date of issue.
  3. 7.25% if encashed after twelve months from the date of issue.
• The gift cheque may be encashed using either of the two modes, (a) cash or (b) Fund Transfer. Encashment of gift cheque is not allowed over clearing.
• No service charge is applicable
• Dhaka Bank Limited issues gift cheques in three denominations of Tk.100, Tk.500 and Tk.1000