Padma Bank

Padma Retire Rich Deposit Scheme

• To provide financial independence by retirement age or maximize for early retirement ultimately building wealth and being rich.
• It is designed for 20+ aged Bangladeshi individuals.




Features of the Scheme:

• This scheme can be opened by an individual (s) singly/jointly with minimum age 20.
• Monthly Deposit for a certain year to become multimillionaire.
• Cheque Book (First Cheque Book Free)
• Competitive interest rate of 8.50%
• Loans and advances are allowed against 90% of the initial amount upon continuation of the scheme for at least 6 months.
• Gym Membership.
• First Debit Card.
• Health Facilities with renowned hospitals.
• FreeInternet Banking Facilities.
• 50% discount on all types of Locker Facilities.



Period	Profit Rate	Monthly Installment for
Year	Percentage(%)	20 Years	21 Years	25 Years	30 Years	32 Years	34 Years	36 Years	38 Years	40 Years
		8433	7640	5223	3333	2800	2358	1990	1682	1423
20	8.00	5,000,324.00	5,001,866.00	5,000,326.00	5,000,484.00	5,000,196.00	5,000,447.00	5,001,603.00	5,002,277.00	5,000,822.00




Other Special Features:

• Interest up-to 8.50%
• This scheme can be opened by an individual (s) singly/jointly.
• VAT, Excise duty and other applicable charges will be deducted as per the prevailing Schedule of Charges.
• Customer can open the scheme at any day of the month. The subsequent installments will be deducted on the same date of the following month. In this case, Standing Instruction can be set without any charge.
• The Bank reserves the right to change any clause/conditions as and when required.



Terms and Conditions:



• For any further query please contact your nearest Padma Bank Branch or call 16612