EBL Millionaire Scheme
Being a millionaire is that simple
EBL Millionaire Scheme is a monthly Savings Scheme with flexible long term tenure that gives you maturity Value of BDT 1 (one) million-with monthly installments as low as BDT 2,300.Best for you if you
- Want to go for mid to long term savings
- Want attractive Rate
- Want to be a millionaire after a fixed tenure
Features
- Choose from three different tenures- from 3 to 15 years
- One Person can open More than one "EBL Millionaire Scheme"
- Reduced monthly installments
- Automatic realization of monthly installments
- Maximum 90% Loan facility against EBL Millionaire 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 prevailing Savings Rate
- Closed After 3 Years- 2% less than EBL Millionaire Rate
The below Maturity Value Table shows the different installment amounts on available tenures:
Year | Initial Amount | Maturity Amount | |
50,000 | 100,000 | ||
3 | 23,300 | 21,800 | 10,00,000 (One Million) (Before Tax) |
5 | 12,900 | 11,900 | |
7 | 8,500 | 7,800 | |
10 | 5,200 | 4,600 | |
12 | 4,000 | 3,500 | |
15 | 2,700 | 2,300 |
Note:
- 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