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:
| 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:
-
- 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 8.00%
- Loans and advances are allowed against 90% of the initial amount upon continuation of the scheme for at least 6 months.
- Free Internet Banking Facilities.
- 50% discount on all types of Locker Facilities.
- Interest up-to 8.00%
- 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
