EBL Multiplier
Multiply your Money ... and happiness too!
EBL Multiplier Scheme is a monthly Savings Scheme that doubles your initial deposit in span of Four/Six years.Best for you if you
- Want to go for midterm savings
- Want attractive Rate
- Want to double your initial deposit
Features
- Double your initial deposit-in Four/Six years only!
- One Person can open More than one "EBL Multiplier Scheme"
- Initial Deposit is any multiple of 1 lac taka starting from BDT 5 lac (BDT 500,000)
- Automatic realization of monthly installments
- Maximum 90% Loan facility against EBL Multiplier Scheme
- In case of Early encashment, Interest forfeiture will be as below:
- Closed Before One Year – No Interest will be provided
- Closed After one Year but before three Year- Interest at Savings Rate
- Closed After 3 Year- 2% less than EBL Multiplier Scheme Rate
The below Maturity Value Table shows the different installment amounts on available tenure:
| Initial Amount | 500,000 | 500,000 |
|---|---|---|
| Tenure in Year | 4 | 6 |
| Maturity Amount | 1,000,000 | 1,000,000 |
| Monthly Installment | 4,800 | 1,400 |
* Minimum Opening Balance 500,000, Multiple of 100,000
Note:
- For other initial amount, above table will be followed
- Above Monthly Installments are based on prevailing interest rate and Initial amount, and will change with rate and Initial amount change.
- Maturity value is subject to proper and regular payment of the prescribed monthly installments
- Maturity Amount showed here is subject to income tax and/or other levies.
Eligibility
- Minimum Age: 18 years
- Citizen of Bangladesh
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