Eastern Bank Ltd. | EBL Earn First FD

EBL Earn First FD

EBL Earn First is a unique Fixed deposit product, where you can get the whole year's interest- on Day one! No need to count the days and wait for the year to end. Finally you can have your cake and eat it too!

Features

Attractive interest rate of 7.40%, whole year's interest paid on the day of FD opening
Minimum interest paid on the day of FD opening is BDT 74,000 (before tax, for a 10 lac taka Earn First FD)
Minimum opening Amount is BDT 10 lac, multiple of one lac; tenure is 1 year;
EBL Earn First will be closed automatically on maturity.
Interest for the whole year will be credited automatically to EBL Current/Savings Account on the day of FD opening
On maturity, customer will get back the principal amount

Premature Encashment

If encashed before 3 Month, no interest will be paid
If encashed after 3 months, interest will be given as per prevailing savings rate
In case of Premature Encashment, any additional interest paid to customer will be adjusted from the Principle amount