SFDS previously known as Special Deposit Scheme (SDS) is actually an FDR product. Customer gets monthly interest throughout the tenor of this scheme against the principle value.
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 maximum TK.10,00,00,000 is allowed against a single account.
Interest payable: Interest will be disbursed to linked CASA account of the customer and the duration of time between deposit and payment of first dividend is 30 days.
Joint Applicant Option: Applicant can open account either in the single name or in the joint names.
FDR receipt: After opening SFDS account, a receipt will be issued from branch end.
Tax, Excise Duty & VAT: Will be deducted as per NBR rules.
Key Benefits:
- Monthly Fixed Interest.
- Premature encashment benefit after six months.
- SMS alert.