Millionaire Savings Scheme (MSS) 

Millionaire Savings Scheme (MSS)     

(Amount in BDT and Maturity Benefit Before Tax and Excise Duty, where applicable)

 

Initial

0

50000

100000

150000

200000

250000

300000

350000

400000

450000

500000

550000

600000

650000

Interest Rate: 12%-11.5%

Term

EMI Size

12

78,069

80,776

75,953

71,130

66,308

61,485

56,662

51,840

47,017

42,194

37,372

32,549

27,726

22,903

24

36,707

36,057

33,613

31,168

28,724

26,280

23,836

21,391

18,947

16,503

14,058

11,614

9,170

6,726

36

22,985

22,066

20,366

18,666

16,966

15,266

13,565

11,865

10,165

8,465

6,765

5,064

3,364

1,664

48

16,173

15,267

13,928

12,590

11,251

9,913

8,574

7,236

5,897

4,559

3,220

1,881

543

 

60

12,124

11,271

10,145

9,019

7,893

6,767

5,641

4,515

3,389

2,263

1,137

11

 

72

9,616

8,829

7,855

6,881

5,907

4,933

3,959

2,985

2,011

1,037

63

 

84

7,730

6,989

6,113

5,237

4,360

3,484

2,608

1,732

856

 

 

96

6,336

5,634

4,829

4,025

3,221

2,417

1,613

809

5

108

5,270

4,600

3,851

3,102

2,353

1,603

854

105

 

120

4,434

3,791

3,085

2,378

1,672

966

260

 

132

3,765

3,143

2,472

1,800

1,128

457

 

144

3,219

2,617

1,973

1,330

686

42

156

2,770

2,183

1,563

942

321

 

168

2,395

1,822

1,221

619

18

180

2,079

1,518

933

348

 

 

Terms and conditions:

  • The amount of monthly deposit is to be made within 10th day of every month.
  • In case of default of monthly deposit in any month, deposit may be made with the deposit of the following month.
  • In case of default of monthly deposit thrice during the deposit term, the A/C will be closed automatically.
  • Penal interest will be impose for per default deposit @5% Ad of installment amount.
  • Closed Account may be reopened subject to approval of management by paying previous installments and interest at a time.
  • Tax will be deducted at source as per income Tax regulations.