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Mercantile Bank Limited

Mercantile Bank Limited

 +88-02-9559333, 9553892

 +88-02-9561213

 it@mblbd.com

Deposits information of MERCANTILE BANK LIMITED
NameFamily Maintenance Deposit
Category Monthly Income Scheme
Maturity Period

03 years or 05 years.

Rates7.76%
Maturity Amount

Tk. 625/- per  month per Tk. 1.00 Lac

Initial Deposit
TK.50,000.00 or its multiple
Requirements

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Conditions

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Featured
No
Description

Depositor will get a certain sum of money in each month proportion to his/her deposit during the entire tenure. This will help the retired persons for investing their retirement benefits.

Benefit
  • In case of premature encashment interest will be paid on Saving A/C Rate.
  • Loan may be granted up to maximum 80% of the forced encashment value on the date of loan processing. During the period of continuation of loan, monthly benefits of FMD account will be credited only to loan account.
Eligibility

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Supporting Documents

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*Bdbankbazaar is not responsible for any discrepancy of any terms and condition , rate of respective Bank/ NBFI