Forced Saving is instrumental for future. Standard Chartered offers you an excellent opportunity to save for your rainy days.

Start with BDT 100,000 and deposit BDT 10,000 per month and become a millionaire in just 5 years 9 months.

• This is a fixed term saving scheme. Customer can buy any number of Millionaire Scheme.
• The scheme requires an initial deposit of BDT 100,000, which will be followed by monthly instalment of BDT 10,000 till maturity.
• The scheme is for 5 years 6 month and 10 years.
• It will be a non-transactional account where interest will accrue on daily basis and will be credited on?The sign-up fee for the scheme will be BDT 2,500.The sign-up fee for the scheme will be BDT 250 per unit, with a minimum of BDT 500 and maximum of BDT 10,000
• If any customer desires to discontinue the scheme prior to maturity, a penal fee @ BDT 5000 will be deducted from his account and the balance proceeds (calculated on the amount, incorporating the last interest credit amount, the fraction days will not be considered) will be credited.
• Failure to make three consecutive instalments will result in immediate closure and a penal fee @ BDT 5000 will be charged.
• In case of forced closure (non-payment of three consecutive instalments) before 1 year, a penal charge @ BDT 7,500 will be charged.
• The interest rate applied on the collection unit will be 3% higher than the rate offered on the scheme account.
• If there is any income tax payable under the scheme, it will be deducted from the amount payable to the account holder.
• The rates of interest payable on the scheme is subject to change without any prior notice & this may affect the matured value of the scheme.
• In the event of the death of scheme holder, the account will cease and the amount deposited till the time of death and accrued interest will be paid to the nominee.

Terms and conditions apply