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
Please note
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Interest amount is subject to income tax and/or other levies.
For more information, call 16230