Are charges or profit for City Bank Green Savings Account subject to government tax?

Yes, in accordance with National Board of Revenue (NBR) regulations, bank processing fees incur a statutory 15% VAT, and deposit/savings profit yields are subject to withholding tax (10% with TIN, 15% without TIN) deducted at source.

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City Bank Green Savings Account

Offered by City Bank

Last verified: September 6, 2026 · Published schedule · View official source

Rate Confirm with bank Indicative — confirm with the bank

About this product

Overview

City Bank PLC conventional banking products page, Interest Rate on Deposit, with effect from 6 September 2026. The page prints one interest-rate column. 0.00% below 1 lac, 0.50% from 1 lac to below 5 lac, 0.50% from 5 lac to below 10 lac, 0.75% from 10 lac to below 20 lac, 1.00% from 20 lac to below 30 lac, 1.25% from 30 lac to below 1 crore, and 1.75% at 1 crore and above. Those bands are not collapsed into one rate. Confirm the current rate with the institution before comparing.

Published terms

Product specifications

Auto-debit facility: Not available
Auto-renewal: No
Account opening: All

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Current rates & charges

Official rates are being verified or updated. Please consult official institution channels for real-time schedule of charges.

Provenance

Source & verification

Official source Interest Rate on Deposit, W.E.F. 6 September 2026 (Last verified: September 6, 2026) View official source

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Direct link to City Bank

AllOfBD provides independent product discovery and rate comparison. Published terms, fees, and profit rates are verified against official Bangladesh Bank circulars and published institutional disclosures. Final approval, underwriting, and account opening terms are governed exclusively by the issuing financial institution.

Disclaimer

AllOfBD is an information, comparison and discovery platform. Financial products are offered by their respective institutions. Product terms, eligibility, rates, approval and final decisions are determined by the relevant institution or government authority. Users should verify current information through the official source before making financial decisions.

City Bank Green Savings Account Confirm with bank

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