Adult individuals or jointly in the names of two or more persons can open the account.
Minimum Opening Balance
An initial deposit TK. 10,000.00.
Rate of Interest:
Interest will be calculated on the daily balance and to be credited to account on monthly basis at the following rates:
Less than
Tk. 10,000 -
0.00%
From
Tk. 10,000/- to 50,000/-
7.00%
Above
Tk. 50,000/-
8.00%
No interest will be calculated in a month if the credit balance in an account comes down below Tk.10,000.00 at any time in that particular month.
Special feature:
Complementary one Debit Card (free of charge) to be issued to the Account holder.
For the Account Holder (1st Applicant only for joint Account Holders) there will be a life Insurance Coverage up to Tk.5,00,000.00 (Five lac) in case of accidental death and Tk. 50,000.00 (Fifty thousand) for normal death.
Account Maintenance Fee
Free of Charge.
Nomination
Mandatory.
Income Tax
Applicable.
Deposit Product
IFIC Bank offers a wide variety of deposit products to meet your financial needs. From current and savings accounts to Fixed Deposits and Pension Schemes each account is designed to give you the best value for your money.
