Scribd Logo
Upload

Welcome to Scribd!

  • Treasury Circular No. 02 I 2021 Interest Rate On Deposit and Profit First W.E.F. January 18 2021

    Uploaded by

    MD RAKIB
    6 views3 pages
    This document outlines new interest rates for various deposit products offered by AB Bank Limited effective January 18, 2021. Rates are provided for savings deposits, fixed deposits, SND accounts, and Profit First accounts. Savings deposit rates range from 0-5% depending on the account type and balance amount. Fixed deposit rates are 3% for 1 month, 5.25% for 3 months, 5.5% for 6 months, and 6% for 1 and 2 years. SND rates range from 1-4% based on balance amount. Profit First rates are 4.75% for 3 months, 5% for 6 months and 1 year. Branches must follow product profile guidelines for Profit First accounts.

    Original Description:

    Original Title

    Treasury-Circular-no.-02-I-2021-Interest-Rate-on-Deposit-and-Profit-First-w.e.f.-January-18-2021

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines new interest rates for various deposit products offered by AB Bank Limited effective January 18, 2021. Rates are provided for savings deposits, fixed deposits, SND accounts, and Profit First accounts. Savings deposit rates range from 0-5% depending on the account type and balance amount. Fixed deposit rates are 3% for 1 month, 5.25% for 3 months, 5.5% for 6 months, and 6% for 1 and 2 years. SND rates range from 1-4% based on balance amount. Profit First rates are 4.75% for 3 months, 5% for 6 months and 1 year. Branches must follow product profile guidelines for Profit First accounts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views3 pages

    Treasury Circular No. 02 I 2021 Interest Rate On Deposit and Profit First W.E.F. January 18 2021

    Uploaded by

    MD RAKIB
    This document outlines new interest rates for various deposit products offered by AB Bank Limited effective January 18, 2021. Rates are provided for savings deposits, fixed deposits, SND accounts, and Profit First accounts. Savings deposit rates range from 0-5% depending on the account type and balance amount. Fixed deposit rates are 3% for 1 month, 5.25% for 3 months, 5.5% for 6 months, and 6% for 1 and 2 years. SND rates range from 1-4% based on balance amount. Profit First rates are 4.75% for 3 months, 5% for 6 months and 1 year. Branches must follow product profile guidelines for Profit First accounts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    {/O AB BANK LIMITED

    >l Treasura Division

    Treasury Circular No. 0U2021 Date: lanuary L4,2O2l

    To:
    L The President & Managing Director's Secretariat, ABBL, Head Office
    2. The Additional Managing Director, ABBL, Head Office
    3. Deputy Managing Directors, ABBL Head Office
    4. Company Secretary
    5. The Divisional/Departmental Heads, ABBL, Head office, Dhaka
    6. All Branch Heads, ABBL
    Interest Rate on Deposit w.e.f. January L8,2O2L

    Products Interest Rate


    Savinqs Deoosit 3.250/o
    Max Saver
    Less than 50,000.00 0.00%
    Ik. 50,000.00 to less than Tk. 5,00,000.00 2.00o/o
    Tk. 5.00.000.00 to less than Tk. 15.00.000.00 2.500/o
    Ik. 15,00,000.00 to less than Tk. 30,00,000.00 3.000/o
    Ik. 30,00,000,00 to less than Tk. 50.00.000.00 3.50%
    fk. 50,00,000.00 & above 4.000/o

    AB HEIGHT
    Tk. 1,00,000.00 & above s.00%

    Smaft Saver
    Less than 5,000.00 0.00%
    Ik. 5.000.00 to less than Tk. 2,50,000.00 1.000/o
    rk. 2,50,000.00 to less than Tk. 5.00.000.00 1.500/o
    Tk. 5.00.000.00 to less than Tk. 15.00.000.00 2.50o/o
    fk. 15,00,000.00 to less than Tk. 25,00,000.00 3.50%
    Tk. 25,00,000.00 & above 4.00o/o

    Student Account 4.000/o


    Shamourna 4.500/o

    FSP (Family Savinss Plan) 4.50o/o


    Payroll Manaqement 3.50%
    SND (Special Notice Deposit)
    -ess than 1.00.00.000 1.000/o
    1.00.00.000 to Less than 25.00.00.000 t.750/o
    25,00,00,000 to Less than 50,00,00,000 2.75o/o
    t0,00,00,000 to Less than 100.00,00.000 3.25o/o
    100.00.00.000 to Less than 500.00.00.000 3.500/o
    500,00,00,000 and above 4.000/o
    SME DEPOSIT- Prooati
    :ess than Tk24,999 I N
    tk. 25.000 to Tk. 4.99.999 1.50o/o
    Ik. 5,00,000 to Tk. 9,99,999 2.500/o
    Ik. 10,00,000 and above 3.50o/o
    Security Deposit Receipts(SDR) 3.000/o
    AB l;iI"E-$ ( As per PPG) 5.50%
    NFCD Rate as per Daily FX rate
    FC & RFCD(Minimum balance USD 1000 or GBP 500 or its
    equivalent for other currency & minimum tenor one month) Rate as per Daily FX rate

    Fixed Deposit (Time Deposits)


    1 (One) Month:
    Any amount 3 000/o
    3 (Three) Months:
    Any amount 5.250/o
    6 (Six) Months:
    Any amount 5-500/"
    1 (One) Year:
    ifl| EmOU[t 6.000/o
    2 (Two) Years
    Any amQunt 6.000/o

    Tarique*zal
    President & Managing Director
    AB BANK LIMITED
    !6 Treasury Division

    Treasury Circular No. O2|2O2L Date: January L4,2O2t

    To:
    1. The President & Managing Director's Secretariat, ABBL, Head Office

    2. The Additional Managing Director, ABBL, Head Office

    3. Deputy Managing Director's, ABBL Head Office


    4. Company Secretary
    5, The Divisional/Departmental Heads, ABBL, Head office, Dhaka

    6. All Branch Heads, ABBL

    Interest Rate on Profit First w.e.f. January 18, 2021


    Tenure Interest Rate
    3 (Three) Months: 4.750/o

    6 (Six) Months: 5.00%

    I (One) Year: 5,00o/o

    Note: Branches must follow the Product Profile Guidelines while ooeninq "Profit First"

    M I"r,or" *..?
    Hea f Treasury President & Managing Director

    You might also like