Grameen Bank Fixed Deposit Scheme: A Secure Investment Option

Grameen Bank, known for its innovative financial solutions, presents an attractive Fixed Deposit scheme catering to individuals seeking a secure and profitable investment avenue. This blog post delves into the details of the Grameen Bank Fixed Deposit, covering tenure, deposit options, eligibility, and more.

Grameen Bank Fixed Deposit Benefits

1. Tenure Options:
   • The fixed deposit scheme offers flexible tenures ranging from 01 to 03 years.
2. Deposit Increments:
   • Deposits are accepted in convenient multiples of BDT 1,000.
3. Fixed Returns:
   • Investors enjoy a fixed rate of interest throughout the entire duration of the fixed deposit scheme.
4. Targeted Audience:
   • Tailored for depositors seeking a reliable and assured rate of return on their investments.
5. Inclusive Access:
   • The scheme is accessible to both borrower and non-borrower members, ensuring a broad range of participants.
6. Early Encashment:
   • Early withdrawal of the fixed deposit is allowed, with the interest rate adjusted to the prevailing savings interest rate.

Required Documents

To initiate the Grameen Bank Fixed Deposit, the following documents are required:

• Two passport-size photographs of the account holder/holders, attested by the introducer.
• One photograph of the nominee, attested by the account holder.
• Proof of identification, such as the National ID Card or Birth Registration Certificate.

Summary

The Grameen Bank Fixed Deposit scheme is an excellent choice for those looking to invest securely with a guaranteed return. With flexible tenure options and inclusive accessibility, it caters to a diverse range of depositors. For more information or to get started, visit your nearest Grameen Bank branch today.

Frequently Asked Questions (FAQs)

Q1: What is the tenure range for Grameen Bank Fixed Deposit?

• A1: The tenure options range from 01 to 03 years.

Q2: Are there specific increments for depositing in the scheme?

• A2: Yes, deposits are accepted in multiples of BDT 1,000.

Q3: Who is eligible for the fixed deposit scheme?

• A3: The scheme is available for both borrower and non-borrower members.

Q4: Can I withdraw my fixed deposit before maturity?

• A4: Yes, early encashment is allowed, and the interest rate will be adjusted to the prevailing savings interest rate.