Product
Summary

Double Money is a long term deposit product offered to Retail and Retail Institution customers for their long term investment with an aim to doubling their investment. The product would be mainly targeted to those who would like to get a handsome return on their initial investment. The product would especially cater to the requirements of parents and young professionals who want to secure their future. Minimum amount required to open a Double Money is BDT 50,000 and the investment would be doubled after maturity.

What are the
Eligibilities

  • Bangladeshi nationality
  • Individual both singly or jointly
  • Institution

Required
Documents

For Individual Customer:
  • Duly filled application form
  • Photograph of applicant(s)
  • Photograph of nominee(s) (Attested by applicant)
  • Copy of National ID (NID)/ Passport/ Driving License) (For each applicant and nominee)
  • Copy of document proofing latest income tax return (If applicable)
  • Document supporting source of income
  • Other documents (If required)

Additional document for Institutional Customer:

For proprietorship/ Partnership entities:
  • Copy of Trade License
  • Copy of partnership deed (if applicable)
  • Other document (If required)
For Limited company:
  • Copy of Memorandum & Article of association (MoA)
  • Forwarding letter
  • Board resolution
  • Information of directors
  • Other document (If required)
For Trust/Association/Charity/Club:
  • Certified copy of the Constitution/By-Laws/Trust Deed/Memorandum & Articles of Association
  • Certificate of Registration of the Association/Club/Charity/Trust
  • Extract of Resolution of the Association/Club/Charity/Trust/Society

Fees &
Charges

  • Taxes & excise duty as per government rules

Apply
Online

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