Interest
First Fixed Deposit (IFFD)
Interest First Fixed Deposit is a non-transactional
account that a customer uses for interest earning in advance and savings
purposes.
The unique feature of this product is that interest
is given upfront, at the time of opening the fixed deposit.
Minimum amount required to open an IFFD account is
BDT 10,000.
IFFD can be opened for 3/6/12 months.
Interest (after the adjustments of Government tax as
per prevailing Bangladesh bank Guideline on the interest amount) is immediately
transferred to the link account, as per the Interest Rate Matrix.
Comments