NCC Bank PLC

Watch Your Money Grow Twice as fast-Money Double Program

NCC Bank Money Double Program

Key Features

MDP is a term deposit product for a specific period of time. On completion of term, the deposit amount will make the principal amount double and depositor will get double of deposited amount. Any person can open Money Double Program Deposit (MDPD) A/c with NCC Bank PLC.

Eligibility: Any Bangladeshi citizen with Age 18 years and above and photo ID document having any CASA account with NCC Bank (Any Bangladeshi Citizen, Any Business House, Corporate Bodies, Gov., Semi-Gov. & Autonomous organizations with valid income source) are eligible to open this account.

Availability: ALL NCC Branches & Sub branches.

Minimum & Maximum Principle amount: Minimum TK.1, 00,000 and it’s multiple.

Joint Applicant Option: Applicant can open account either in the single name or in the joint names.

Interest Rate & Tenure: For interest rate please visit https://www.nccbank.com.bd/NccbRates Tenure: 6 Years 11 Months.

Tax, Excise Duty & VAT: Will be deducted as per NBR rules.

Key Benefits:

On maturity attractive value (principle amount will be doubled).
SMS alert.
Account statement(Two times is a year on half yearly basis).
Premature encashment benefit if encased after 12(twelve) months but no extra benefit for post matured encashment.

Required Documents

Bank's prescribed FDR/Scheme AOF (signed by the applicant).
A/c to be introduced properly.
2 (Two) copies of recent passport size photograph of each person to be attested by the introducer.
Nationality Certificate (Photocopy of valid passport/ National ID/ Certificate from union parisad chairman/ ward commissioner/valid driving license) to be submitted.
Photocopy of TIN certificate (If any) & Latest return submission copy.
1 (One) copy of passport size photograph of nominee to be attested by the account holder.
Income & Profession supporting Doc as prescribed by the policy of NCC Bank & BFIU.