Trust Assurance Deposit Scheme

This is a secure and flexible monthly saving deposit scheme with the added advantage of insurance. In a market where all other banks offer DPS, TBL ensures that it provides more to the client. The maturity value of the monthly deposit will be received by the nominee in case of sudden death of the depositor, regardless of the number of installments paid or the amount deposited.

Features & Benefits

  • Depositor can choose any denomination (mentioned in the table below) of deposit per month at the time of opening the scheme which cannot be changed later on.

Installment BDT.

5 Yrs (MV) BDT.

Premium Per Yr

BDT.

7 yr (MV) BDT.

Premium Per Yr

BDT.

10yr (MV) BDT.

Premium Per Yr

BDT.

500

33,412

122.86

48,780

181.21 74,156 280.36

1000

66,824

245.72

97,560

362.42 148,312 560.72

1500

100,236

368.58

146,340

543.63 222,468 841.08

2000

133,648

491.44

195,120

724.84 296,624 1121.44

2500

167,060

614.30

243,900

906.05 370,780 1401.80

3000

200,472

737.16

292,680

1087.26 444,936 1682.16

3500

233,884

860.02

341,460

1268.47 519,092 1962.52

4000

267,296

982.88

390,240

1449.68 593,248 2242.88

4500

300,708

1105.74

439,020

1630.89 667,404 2523.24

5000

334,120

1228.60

487,800

1812.10 741,560 2803.60

5500

367,532

1351.46

536,580

1993.31 815,716 3083.96

6000

400,944

1474.32

585,360

2174.52 889,872 3364.32

6500

434,356

1597.18

634,140

2355.73 964,028 3644.68

7000

467,768

1720.04

682,920

2536.94 1038,184 3925.04

7500

501,180

1842.90

731,700

2718.15 1112,340 4205.40

8000

534,592

1965.76

780,480

2899.36 1186,496 4485.76

8500

568,992

2201.18

891,208

3319.00 1,397,400 5315.40

9000

601,416

2211.48

878,040

3261.78 1334,808 5046.48

9500

634,828

2334.34

926,820

3442.99 1408,964 5326.84

10000

668,240

2457.20

975,600

3624.20 1,1483,120 5607.20

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest Rate is 5.00%

MV= Maturity Value; Payment can be made in multiple of BDT. 500 only

 

  • To open this account, the applicant must have a Current/Saving Account with Trust Bank for auto debit facility
  • If the depositor expires anytime during the DPS period- even after depositing a single installment, TBL will pay back the full maturity value, subject to fulfillment of insurance requirements
  • If three consecutive installments are not paid, the scheme will be closed automatically
  • Unlike most insurance policies, the scheme will ensure repayment in case of death of depositor due to any cause including pre-existing conditions/disability, suicide, AIDS, Assault or murder, war, warlike situation, only excluding suicide in first two years or death related to AIDS/HIV.
  • OD/Loan facility up to 90% of the deposited amount after minimum 12 months, but minimum amount must not be less than Tk. 50,000/-
  • Nominee is mandatory

Eligibility

 

  • A/C can be opened in  the name of an individual only
  • Any Bangladeshi citizen aged between 18-50 years with valid identification documents

Requirements

 

  • Photocopy of Citizenship Certificate / Passport / Voter I.D. Card / National I.D. Card / Driving License.  Original for verification
  • 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.