Double Benefit Deposit Scheme of Uttara Bank Limited.

Uttara Bank Limited offers to its customers to safeguard their hard-earned income for long-term deposits with a Stunning Rate of interest and an easy account opening process in the name of “Double Benefit Deposit Scheme”. Their slogan regarding this account is “Your familiar Time Deposit Account – now with more safety and return!”

“Double Benefit Deposit Scheme” is the account where you can deposit your money with full confidence. It’s an account tailor-made to provide you with double of your initial deposit on maturity – making it the classic choice for you. You can deposit your money in this account in a single or joint name, in the name of your business farm or organization.

“Double Benefit Deposit Scheme Account” of Uttara Bank Limited Best for you if you have:

  • No need for transaction 
  • Requirement of highest Safety of your money

Read Also: AGRANI BANK DOUBLE BENEFIT SCHEME

Features of Double Benefit Deposit Scheme Account 

  1. Minimum (1) one lac & its multiple can be deposited
  2. Tenure: 12 (twelve) years
  3. Pre-matured Encashment facility on condition
  4. No limit on deposit
  5. Govt. Tax / Duty will be borne by the depositor
  6. No Service/maintenance Charge

Customers Eligibility:

  • The minimum Age for opening an account is 18 years 
  • Must be a Bangladeshi Citizen

Required Documents for “Double Benefit Deposit Scheme Account”:

  1. 02 (two) copies of PP size Photograph attested by introducer
  2. Photocopy of NID / Passport / Driving License
  3. Photocopy of Trade License/Registered Partnership Deed/Regulation of Meeting/Memorandum & Articles of Association / Registration Certificate at Joint Stock Co./ Registration Certificate from NGO Bureau or Social Welfare Department, etc. in case of Farm/Organization.
  4. Application for opening account (available at all branches)

Interest Rate:

6.00% (Subject to change as per Bank’s discretion.)

Extra Facilities:

You will get a Loan facility against face value if required without closing your “Double Benefit Deposit Scheme Account”.

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