Excel Account has been tailored in the manner of having both asset and liability characteristics blended into a single product for salaried individuals employed in any institution. On virtue of this product, prospective clients receive a credit interest based on the credit balance available in the account. The clients will also be required to pay the bank OD interest if the balance of the account becomes overdraft.

What is the maximum tenure for availing this facility?
The tenure of the account will be for 3 years maximum, having renewal facility for every year until the client resigns from the institution.

Is there an OD Facility against the Excel Account?
OD facility is a pre-embedded feature of the Excel Account. An OD limit is given to the account up to the amount of the salary of the individual employed at the institution.

What is the offered Interest Rate?
For a credit balance this facility provides an interest rate of 4.5% p.a. based on the daily balance of the account. If in the case, the account is utilized for an OD limit, the debit balance will be subject to a debit interest rate of 16% p.a.

What other features are available with the Excel Account?
At current, the Excel account is featured with ATM Facilities. Very soon, Dhaka Bank Ltd. will be offering Debit Card facility with Excel Account.

Pre-requisites for availing the Excel Account:

• The institution to which the individual is employed must have salary account maintained with the bank.
• The institution must have a corporate guarantee maintained with the bank.

Govt. Charges:
The account is subject to taxes and other Govt. levies during the tenure of the deposit.