EBL Confidence

Watch your small savings become BIG!

With EBL Confidence, just select the DPS time and the monthly deposit as per your requirement and see the magic of turning your small monthly savings into a large amount over a period; the perfect investment scheme to boost your confidence – the EBL Way.

Best for you if you

Want to go for short to midterm savings
Want to choose the final amount as per your requirement
Want flexible tenures and monthly installments

Features

Tenure and rate

Installment	Maturity after 1 Year	Maturity after 2 Years	Maturity after 3 Years	Maturity after 5 Years	Maturity after 7 Years	Maturity after 10 Years	Maturity after 15 Years
Product Name	EBL Confidence
100	1,267	2,666	4,213	7,808	11,960	20,065	39,908
500	6,335	13,330	21,065	39,040	59,800	100,325	199,540
1,000	12,670	26,660	42,130	78,080	119,600	200,650	399,080
5,000	63,350	133,300	210,650	390,400	598,000	1,003,250	1,995,400
10,000	126,700	266,600	421,300	780,800	1,196,000	2,006,500	3,990,800
20,000	253,400	533,200	842,600	1,561,600	2,392,000	4,013,000	7,981,600

* Multiple of 500; highest 20,000 Monthly Installment

Note:

Maturity Amount mentioned above is before Tax
For other installments maturity value will follow the above table; i.e. if monthly installment is BDT 2500 for 5 years, the maturity value will be 38,250*5=1,91,250 (as 2500/500=5)
Maturity value is subject to proper and regular payment of the prescribed monthly installments
Any Bangladeshi Citizen aged 18 years or above can open this account
EBL Confidence can be opened at any multiple of Tk. 500 to Tk. 20,000.00 per month
One customer can open more than one “EBL Confidence”
Automatic realization of monthly installments
Maximum 90% Loan facility
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 prevailing Savings Rate
- Closed After 3 Closed Years- 2% less than EBL Confidence Rate