BASIC Diamond Term Deposit Scheme

Table of Contents

Looking for a reliable investment option with attractive returns? Look no further than BASIC Diamond Term Deposit Scheme. Our 60-day fixed deposit product offers eligible individuals, whether single or jointly, the opportunity to invest a lump sum of money and enjoy competitive returns.

Diamond Term Deposit Key Features

Non-Transferrable Instrument: Similar to Fixed Deposit Receipts (FDR), a non-transferrable instrument is issued in favor of the account holder.
Initial Deposit: Start your investment journey with an initial deposit amount of Tk. 25,000/- (Twenty Five Thousand Taka) or multiples thereof.
Taxation: Taxes and duties are applied as per government regulations.
Premature Encashment: While premature encashment is allowed, certain conditions apply.
Loan Facility: Need funds urgently? Avail loan facilities of up to 90% of the deposit amount, subject to certain conditions.

Who Can Open a BASIC Diamond Term Deposit?

This lucrative investment opportunity is open to:

Individuals
Joint Account Holders
Minors jointly with Natural/Legal Guardians

Required Information & Documents

To kickstart your investment, you’ll need:

Duly filled Account Opening Form
National ID Card/Birth Certificate/Valid Passport
Tax Identification Number (TIN), if available
Two copies of recent passport-size photographs of the account holder, duly attested by the Introducer
One copy of passport-size photograph of the Nominee, attested by the Account Holder

For minors, additional documents include:

National ID/Birth Certificate/Valid Passport of the Natural/Legal Guardian
Two copies of recent passport-size photographs of both the account holder and the natural/legal guardian, duly attested by the Introducer
One copy of passport-size photograph of the Nominee, attested by the legal guardian of the account holder

Diamond Term Deposit Interest Rates

Enjoy a competitive interest rate of 8.50% per annum on your investment. Please note that interest rates are subject to change, and the continuity of the product is at the management’s discretion.

Secure your future and achieve your financial goals with BASIC Diamond Term Deposit. Invest today for a prosperous tomorrow!

Frequently Asked Questions

Q: What is BASIC Diamond Term Deposit?
A: BASIC Diamond Term Deposit is a 60-day fixed deposit product offered by BASIC Bank, designed to provide eligible individuals with a lucrative investment opportunity and competitive returns.

Q: What are the key features of BASIC Diamond Term Deposit?
A:

Non-Transferrable Instrument: Similar to Fixed Deposit Receipts (FDR), a non-transferrable instrument is issued in favor of the account holder.
Initial Deposit: Start your investment journey with an initial deposit amount of Tk. 25,000/- (Twenty Five Thousand Taka) or multiples thereof.
Taxation: Taxes and duties are applied as per government regulations.
Premature Encashment: While premature encashment is allowed, certain conditions apply.
Loan Facility: Avail loan facilities of up to 90% of the deposit amount, subject to certain conditions.

Q: Who can open a BASIC Diamond Term Deposit?
A: This investment opportunity is open to individuals, joint account holders, and minors jointly with natural/legal guardians.

Q: What information and documents are required to open a BASIC Diamond Term Deposit?
A:

Duly filled Account Opening Form
National ID Card/Birth Certificate/Valid Passport
Tax Identification Number (TIN), if available
Two copies of recent passport-size photographs of the account holder, duly attested by the Introducer
One copy of passport-size photograph of the Nominee, attested by the Account Holder
Additional documents are required for minors.

Q: What interest rate can investors expect with BASIC Diamond Term Deposit?
A: Investors can enjoy a competitive interest rate of 8.50% per annum. Please note that interest rates are subject to change, and the continuity of the product is at the management’s discretion.

Q: How can one secure their future with BASIC Diamond Term Deposit?
A: By investing in BASIC Diamond Term Deposit, individuals can secure their future and achieve their financial goals with a reliable and lucrative investment option provided by BASIC Bank.