Are charges or profit for HBL Bangladesh 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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HBL Bangladesh Savings Account

Offered by Habib Bank

Last verified: October 3, 2026 · Published schedule · View official source

Individuals only 1% Indicative — confirm with the bank

About this product

Overview

Savings deposit on the HBL Bangladesh schedule of interest rates effective 16 August 2026. The individuals column is 1.00% and the row is marked Individuals Only. Confirm the current rate with the institution before comparing.

Published terms

Product specifications

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

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Published ledger

Current rates & charges

Active rate ledger: Effective from August 16, 2026 (0 historical revisions tracked).

Tenure / specification	Rate type	Current rate	Effective date
Individuals only	Interest Rate	Current 1%	August 16, 2026

Provenance

Source & verification

Official source HBL Bangladesh Savings Account (Last verified: October 3, 2026) View official source

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Apply directly through official institution channels, or request a verified callback. AllOfBD does not process payments or approvals.

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Direct link to Habib 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.

HBL Bangladesh Savings Account 1%

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