EBL Aspire Scheme

EBL Aspire is a midterm recurring deposit protection scheme (DPS) with higher return which will help you to save for your child's future.

Features:    

  • Choice of Tenure is available for 3, 5 and 7 years    
  • Monthly installment amount: any multiple of BDT 1000, starting from BDT 5000 not exceeding BDT 100,000.    
  • Any EBL Junior and Campus account holder can open this account    
  • No Initial Deposit needed    
  • Automatic realization of monthly installments    
  • Maximum 90% Loan facility against EBL Aspire Scheme for Campus account holders    
  • 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 Aspire Scheme Rate

The below Maturity Value Table shows the different installment amounts on available tenures:

Maturity Amount

Monthly Installment 3 year 5 year 7 year
5,000 204,028 369,833 564,303
10,000 448,863 813,633 1,241,468
15,000 612,086 1,109,500 1,692,910
20,000 816,115 1,479,334 2,257,214
25,000 1,020,144 1,849,167 2,802,832

Note:    

  • For other installments maturity value will follow the above table; i.e. if monthly installment is BDT 8000 for 5 years, the maturity value will be 1.6*369,833= 5,91,732.80 (as 8000/5000=1.6).    
  • Above Monthly Installments are based on prevailing interest rate, and will change with rate 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:    

  • Must be EBL Campus/Junior Account Holder    
  • Citizen of Bangladesh

For more information please contact our Contact Center 16230 or visit your nearest EBL Branch or email to studentbanking@ebl.com.bd
 

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