Agrani Bank Quarterly Income Scheme

The Agrani Bank Quarterly Income Scheme offers an opportunity for individuals to invest their funds for a fixed period of three years with the convenience of quarterly interest payments. Below are the key details and requirements:

Duration: 3 years

Initial Deposit: Minimum deposit of BDT 1,00,000.00 (One Lac) or its multiples, with a maximum deposit limit of BDT 10,00,000.00 (Ten Lacs).

Rate of Interest: 5% per annum

Rules:

1. This account can be opened either in the name of an individual (single) or jointly by two or more persons.
2. General account opening rules of the bank apply.

Required Documents:

1. Name of applicant(s) along with names of parents and spouse(s).
2. Present and Permanent Address.
3. Date of Birth.
4. Nationality.
5. Tax Identification Number (TIN), if applicable.
6. Duly attested photocopy of a valid Passport, Employer’s Certificate, ID Card, Driving License, or National ID Card. Alternatively, a Certificate about credentials by the local Ward Commissioner or Chairman of Union Parishad.
7. Two copies of recent passport size photographs of the account holder, duly attested by the Introducer.
8. One copy of Passport Size Photograph of Nominee, duly attested by the Account Holder.

By adhering to these guidelines and providing the necessary documents, interested individuals can take advantage of the Agrani Bank Quarterly Income Scheme to secure their investments and receive regular returns.

FAQs on Agrani Bank Quarterly Income Scheme

Q: What is the minimum deposit required for the Agrani Bank Quarterly Income Scheme?
A: The minimum deposit required is BDT 1,00,000.00 (One Lac) or its multiples.

Q: What is the maximum deposit limit for this scheme?
A: The maximum deposit limit is BDT 10,00,000.00 (Ten Lacs).

Q: How long is the duration of the Agrani Bank Quarterly Income Scheme?
A: The scheme has a duration of 3 years.

Q: How often is the interest paid out?
A: Interest is paid out quarterly.

Q: What is the rate of interest offered by this scheme?
A: The rate of interest is 5% per annum.

Q: Who can open this account?
A: This account can be opened by individuals (single) or jointly by two or more persons.

Q: What are the required documents for opening this account?
A: The required documents include:

• Name of applicant(s) along with names of parents and spouse(s)
• Present and Permanent Address
• Date of Birth
• Nationality
• Tax Identification Number (TIN), if applicable
• Duly attested photocopy of valid Passport / Employer’s Certificate / ID Card / Driving License / National ID Card or Certificate about credentials by the local Ward Commissioner / Chairman of Union Parishad
• Two copies of recent passport size photographs of the account holder duly attested by the Introducer
• One copy of Passport Size Photograph of Nominee duly attested by the Account Holder.