Trust Assurance Deposit Scheme (TADS) is not only a liability product for us, it also helps us to establish TBL’s stance as a bank which thinks of its customers and brings out financial solutions that truly match their needs. In a market where all other bank offers DPS – TBL ensures that the maturity value is given to the nominee in case of the depositor’s sudden death – no matter how many installments are paid or how much amount deposited.
Features & Benefits
- TADS is a monthly recurring savings scheme with full maturity value insured in case of death of the depositor due to any cause (excluding Suicide in First two years or death related to AIDS/ HIV) Pre-existing conditions/disability, Suicide, AIDS, assault or murder, war or warlike situation etc. details of which is available in the master group insurance policy of the Insurance Company).
- Other than insurance coverage on the maturity value – TADS offers very attractive interest rates on the deposits made. For example;
- Monthly Size of Installment & Maturity Value Table will be automatically realized from the customer’s personal TBL account linked with TADS.
- Customers can take secured loan/OD facility up to 90% of the principal deposit amount.
- Any benefit from TADS income under purview of income tax or any other levy as decided by the Government of Bangladesh.
|
Deposited Amount |
Pre-tax Maturity Value after 5 years |
Pre-tax Maturity Value after 7 years |
Pre-tax Maturity Value after 10 years |
|
500 |
38041 |
58573 |
96591 |
|
1000 |
76082 |
117146 |
193182 |
|
1500 |
114123 |
175719 |
289773 |
|
2000 |
152164 |
234292 |
386364 |
|
2500 |
190205 |
292865 |
482955 |
|
3000 |
228246 |
351438 |
579546 |
|
3500 |
266287 |
410011 |
676137 |
|
4000 |
304328 |
468584 |
772728 |
|
4500 |
342369 |
527157 |
869319 |
|
5000 |
380410 |
585730 |
965910 |
|
5500 |
418451 |
644303 |
1062501 |
|
6000 |
456492 |
702876 |
1159092 |
|
6500 |
494533 |
761449 |
1255683 |
|
7000 |
532574 |
820022 |
1352274 |
|
7500 |
570615 |
878595 |
1448865 |
|
8000 |
608656 |
937168 |
1545456 |
|
8500 |
646697 |
995741 |
1642047 |
|
9000 |
684738 |
1054314 |
1738638 |
|
9500 |
722779 |
1112887 |
1835229 |
|
10000 |
760820 |
1129120 |
1931820 |
Eligibility
- Any citizen of Bangladesh aged 18-50 years can open this account.
- To open TADS, the applicant must have a Current/Savings account with TBL.
Requirements
- Photocopy of Citizenship Certificate / Passport / Voter I.D. Card / National I.D. Card / Driving License.
- Two copies of recent passport size photograph duly attested by the introducer.Certified document(s) for source of income.
- The account requires to be introduced by an existing and satisfactory account holder of Trust Bank Limited.
- Nominee form and photograph of nominee(s) (signature attested by the account holder). In case of minor nominee, copy of the birth certificate and photograph required.
- Personal Information Form.
- KYC Form.
