Monthly Earning Scheme
Know About
Monthly Earning Scheme
- Monthly Earning Scheme (MES):
Benefit Features:
- The period of the deposit will be 1 Year, 3 Years and 5 Years.
- The Interest rate will be 12.60% p.a. for MES for 1 (One) year and 13.34% p.a. for MES for 3 (three) years & 5 (five) years with effect from 01 January 2025.
- The benefit/interest shall be credited to the Depositor’s Account on the last working day of the month.
- Credit facilities up to 80% of the deposited amount will be allowed against lien on balance of the account at the prevailing rate of interest of Bank.
- This product will be auto renewable.
-
The depositor must maintain any individual type transacted account such as Savings Account, NBL Aamar Account, Preferred Service Account, Current Account or SND Account with any branch of NBL where the monthly benefit under the scheme shall be credited.
The payment schedule of Monthly Earning Scheme [MES] of 1 Year with effect from 01 January 2025 will be as follows:
|
Monthly Interest |
Net Payable After 10% Tax |
Net Payable After 15% Tax |
|
|
50,000.00 |
525.00 |
472.50 |
446.25 |
|
100,000.00 |
1,050.00 |
945.00 |
892.50 |
|
500,000.00 |
5,250.00 |
4,725.00 |
4,462.50 |
|
1,000,000.00 |
10,500.00 |
9,450.00 |
8,925.00 |
|
1,500,000.00 |
15,750.00 |
14,175.00 |
13,387.50 |
|
2,000,000.00 |
21,000.00 |
18,900.00 |
17,850.00 |
|
3,000,000.00 |
31,500.00 |
28,350.00 |
26,775.00 |
|
5,000,000.00 |
52,500.00 |
47,250.00 |
44,625.00 |
|
10,000,000.00 |
105,000.00 |
94,500.00 |
89,250.00 |
The payment schedule of Monthly Earning Scheme [MES] of 3 Years & 5 Years with effect from 01 January 2025 will be as follows:
|
Deposit Amount |
Monthly Interest |
Net Payable After 10% Tax |
Net Payable After 15% Tax |
|
50,000.00 |
555.83 |
500.25 |
472.46 |
|
100,000.00 |
1,111.67 |
1,000.50 |
944.92 |
|
500,000.00 |
5,558.33 |
5,002.50 |
4,724.58 |
|
1,000,000.00 |
11,116.67 |
10,005.00 |
9,449.17 |
|
1,500,000.00 |
16,675.00 |
15,007.50 |
14,173.75 |
|
2,000,000.00 |
22,233.33 |
20,010.00 |
18,898.33 |
|
3,000,000.00 |
33,350.00 |
30,015.00 |
28,347.50 |
|
5,000,000.00 |
55,583.33 |
50,025.00 |
47,245.83 |
|
10,000,000.00 |
111,166.67 |
100,050.00 |
94,491.67 |
*Quoted amounts are indicative. Account can be opened for any amount that is a multiple of Tk. 50,000.00.
Notes:
- In case of providing credit facilities against scheme deposits opened from 01 January 2025, above stated interest rates are to be used in determining Minimum Lending rate.
- Other than the revisions mentioned above, all other features of the respective scheme deposit will remain unchanged until further notification.
- The Scheme Deposits opened on or before 31 December 2024 will continue as it is. Revised interest rate and payment schedule and tenure will be applicable for those scheme deposits opened / renewed from 01 January 2025.
- Excise Duty, VAT & Income Tax are to be realized from the account as circulated by the Government time to time.
- The calculations of deposit schemes shown above have been calculated excluding Excise Duty, VAT, Income Tax and other charges (if any). The matured value / receivable amount of above Scheme Deposits can differ due to deductions as per Government rules.
- Installment amounts of Scheme Deposits have been rounded off.
Ways to Apply
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