 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
-
First Gulf Asia Holdings Limited, KSA
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---One year for individual & six months for 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:
| 1 Year |
2 Years |
3 Years & Above |
| 11.00% p.a. |
11.25% p.a. |
11.50% p.a. |
Details of Deposit Schemes
1. 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:
| 2 Years |
3 Years |
4 Years |
5 Years |
| Tk.123,766 |
Tk. 138,620 |
Tk.154,561 |
Tk.172,335 |
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:
Tenure |
Monthly |
Quarterly |
Half-Yearly |
Annually |
| 1 Year |
896 |
2,725 |
5,475 |
11,000 |
| Rate |
10.75% |
10.90% |
10.95% |
11.00% |
| 2 Years |
917 |
2,788 |
5,600 |
11,250 |
| Rate |
11.00% |
11.15% |
11.20% |
11.25% |
| 3 Years |
938 |
2,850 |
5,725 |
11,500 |
| Rate |
11.25% |
11.40% |
11.45% |
11.50% |
3. LankaBangla Double Money Term Deposit
Deposit amount placed at a time will turn double on completion of 6 years 3 months.
4. LankaBangla Money Builders Term Deposit
Under this scheme the depositor will open an account with a minimum amount of Tk. 100,000, there after he/she will deposit a fixed amount on monthly basis for an agreed period. On expiry the depositor will receive the deposited amount along with the interest accrued there on.
Assuming a depositor open an account with Tk. 100,000 & thereafter make deposit fixed amount monthly, then the accumulated amount will be:
| Monthly Deposit |
1 Year |
2 Years |
3 Years |
| Tk.5,000 |
Tk.174,698 |
Tk.258,893 |
Tk.356,216 |
| Tk.10,000 |
Tk.238,396 |
Tk.394,021 |
Tk.572,879 |
| Tk.15,000 |
Tk.302,094 |
Tk.529,148 |
Tk.789,541 |
| Tk.20,000 |
Tk.365,792 |
Tk.664,276 |
Tk.1,006,203 |
| Tk.25,000 |
Tk.429,49 |
Tk.799,403 |
Tk.1,222,865 |
Documentation
-
Application form duly filled in.
- ne passport size photograph of applicant(s), nominee(s) attested by the applicant.
- hotocopy of National ID/Voter ID/Passport/Driving License.
- ther 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.
- Insurance coverage for accidental death or by certain dread diseases.
- 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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