|
 |
|
| School Savings Plan - A Plus |
|
| Eligibility |
|
 |
Student of less than 18 years of age will be eligible for opening the Account. |
|
|
| Tenure |
|
|
Monthly deposit under the Plan is 5 (five) & 7 (seven) years. |
|
|
| Eligibility of benefit under School Savings Plan at maturity: |
|
| Initial Deposit (Tk.) |
Monthly Installment (Tk.) |
5 Years Term |
7 Years Term |
| Amount payable After Maturity TK. (subject to deduction of excise duty & Tax on interest) |
Amount payable After Maturity TK. (subject to deduction of excise duty & Tax on interest) |
| 2,000.00 |
500.00 |
42,336.00 |
64,404.00 |
| 4,000.00 |
1,000.00 |
84,672.00 |
1,28,809.00 |
| 6,000.00 |
1,500.00 |
1,27,009.00 |
1,93,213.00 |
| 8,000.00 |
2,000.00 |
1,69,345.00 |
2,57,618.00 |
| 10,000.00 |
2,500.00 |
2,11,681.00 |
3,22,022.00 |
| 12,000.00 |
3,000.00 |
2,54,017.00 |
3,86,427.00 |
| 15,000.00 |
5,000.00 |
4,15,309.00 |
6,34,301.00 |
|
|
| Operation of the Account |
|
The Account is to be operated by the guardian (Father/Mother/G. parents/ Uncle/ Others) of the Account Holder till he/she attains to the age 18 years (Majority). |
|
| Additional benefit |
|
|
Scholarship for meritorious student - Condition Applicable. |
|
|
| Nomination |
|
|
Mandatory. |
|
|
|
| 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. |
|
|
 |
Application Form
Download |
|
|
|
|
| Contact Us |
|
| For more information |
|
| Please feel free to contact your nearest IFIC Bank Branch |
|
|
|
