 WHO WE ARE...
LankaBangla Finance Limited a joint venture financial institution established with multinational collaboration started its journey in 1997 having license from Bangladesh Bank under Financial Institutions Act-1993.
The institutional shareholding structure, educated & motivated human resources, friendly working environment with dynamic corporate culture has enabled LankaBangla to be a diversified financial services providing institution of the country. Technical support provided by Sampath Bank Limited, Sri Lanka has been working as a catalyst to emerge LankaBangla as most innovative and nation’s most preferred financial solution provider strictly in compliance with the norms & regulations of Bangladesh Bank and other regulatory bodies.
Share Holders
The shareholding structure of LankaBangla consists of Commercial Banks, Investment Bank, Corporate & prominent Industrialists from home & abroad. The current structure is:
Foreign Sponsors
-
Sampath Bank Limited, Sri Lanka
Local Sponsors
-
ONE Bank Limited
-
SSC Holdings Limited
- Shanta Apparels Limited
- Individuals
General Shareholders
Term Deposit of LankaBangla
LankaBangla is authorised by Bangladesh Bank to receive deposit from individual and institution.
Features of Deposit Scheme
Under LankaBangla Deposit Scheme you can invest your money with full trust & confidence. The salient features are:
- Safe & Secured
- High Return
- Flexible/Diversified Deposit Scheme tailored to your needs
- Minimum deposit amount of Tk. 100,000
- Minimum duration---Six Months for individual & institution as directed by Bangladesh Bank
- Interest payment periodically (Monthly/Quarterly/Half-Yearly/Annually) as per client choice
- No incidental costs
- Premature encashment allowed after completion of minimum duration
- Specialized customer service
- Depositor can nominate nominee(s) to withdraw the deposited amount in absence of depositor
- Legal guardian can open deposit in the name of minor
- Any Individual/Firm/Corporate Houses are eligible to participate in the Deposit Scheme of LankaBangla
Interest Rate Structure
LankaBangla offers various Deposit Schemes with attractive rate of return. You are entitled to select any of these schemes as per your requirement. The general interest rate structure for any amount is given below:
6 Months |
1 Year |
2 Years & 3 Years |
Above 3 Years |
13.50% |
13.00% |
12.50% |
12.00% |
*Applicable for 1 lac and above
Details of Deposit Schemes
1. Earn First [New]
Under this scheme you can draw interest upfront BDT 100,000* for deposited amount BDT 1,000,000 or reinvest the interest amount into other Deposit Scheme.
*TIN is mandatory
**Minimum deposited amount BDT 10 lac for 1 year
2. LankaBangla Periodic Return Term Deposit
Under this scheme you can draw the interest periodically (Monthly/Quarterly/Half-yearly/Annually) keeping the original deposited amount intact.
If your deposit amount is Tk. 100,000 then the interest income for different period will be:
BDT 1 Lac and above
Tenure/Amount |
Monthly |
Quarterly |
Half-Yearly |
Annually |
1 Year |
1,063 |
3,225 |
6,475 |
13,000 |
Rate |
12.75% |
12.90% |
12.95% |
13.00% |
2& 3 Years |
1,021 |
3,100 |
6,225 |
12,500 |
Rate |
12.25% |
12.40% |
12.45% |
12.50% |
Above 3 Years |
979 |
2,975 |
5,975 |
12,000 |
Rate |
11.75% |
11.90% |
11.95% |
12.00% |
3. LankaBangla Cumulative Term Deposit
Under this scheme your Deposit will turn into a desirable amount through accumulation of interest. The minimum tenure of the scheme is at least 2 years.
If your deposit amount is Tk. 100,000 the receivables on maturity will be (After deducting Tax & Excise duty):
2 Years |
3 Years |
4 Years |
5 Years |
Tk. 123,026 |
Tk. 136,517 |
Tk. 149,072 |
Tk. 164,822 |
4. LankaBangla Double Money Term Deposit [New]
Deposit amount placed at a time will turn double on completion of 5 years 6 months.
5. Triple Money [New]
Deposit amount placed at a time will turn triple on completion of 9 years 6 months.
6. Money Builders Term Deposit (Like DPS):
Installment per month |
Return after 3 years |
Return after 5 years |
Return after 10 years |
1,000 |
44,000 |
83,000 |
230,000 |
2,000 |
88,000 |
166,000 |
460,000 |
3,000 |
132,000 |
249,000 |
690,000 |
5,000 |
220,000 |
415,000 |
1,150,000 |
10,000 |
440,000 |
830,000 |
2,300,000 |
25,000 |
1,100,000 |
2,075,000 |
5,750,000 |
Features of money builders
- No account fee
- No penalty charge
- Flexible installment date
- Highest return 5,750,000
- Minimum tenure 36 month
Documentation
-
Application form and KYC form duly filled in.
- One passport size photograph of applicant(s), nominee(s) attested by the applicant.
- Photocopy of National ID/Voter ID/Passport/Driving License.
- Other papers if required in future.
Additional Benefits
- Over the counter loan facilities at special rate.
- Home loan at concessional rate.
- LankaBangla Master/VISA credit card facility.
- Preferential treatment to avail other financial services of LankaBangla.
- Deposit can be used as collateral with LankaBangla or other Banks/Financial Institutions.
- Any financial advisory service by the professionals of LankaBangla and/or its subsidiaries.
General Terms & Conditions
- TDR account can be opened by Cheque/ Pay Order/Draft.
- TDR can not be encashed before minimum duration.
- Each account would have unique number.
- If encashed on exigencies after completion of minimum duration previous interest rate would be applicable for interest accumulation.
- Taxes & levies as imposed by Government would be applicable.
- LankaBangla reserves the right to change or amend the terms & conditions of TDR.
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