Overview
City Bank DPS allows disciplined monthly savings with attractive compound interest rates, flexible tenures from 1 to 10 years, and instant overdraft loan facilities.
Product Specifications
- Monthly Installment
- ৳500 — ৳50,000
- Installment Options
- 500, 1000, 2000, 2500, 5000, 10000, 20000, 50000
- Tenure Options
- 1 Year, 2 Years, 3 Years, 5 Years, 7 Years, 10 Years
- Payout Frequency
- Monthly
- Auto-debit Facility
- Available
- Loan Against Deposit
- Up to 90% loan / overdraft facility available against deposited balance after 1 year.
- Account Opening
- All
Current Rates & Charges Schedule
| Tenure / Specification | Rate Type | Current Rate | Effective Date |
|---|---|---|---|
| 3 Years Tenure | Interest Rate | 8.5000% | January 1, 2026 |
| 5 Years Tenure | Interest Rate | 9.0000% | January 1, 2026 |
| 10 Years Tenure | Interest Rate | 9.2500% | January 1, 2026 |
Eligibility & Required Documents
Eligibility Criteria
- ✓ Individual Bangladeshi Citizen
- ✓ Age 18 and above
- ✓ Minor accounts can be opened under parent/legal guardian supervision
Required Documents
- 📄 Applicant NID / Passport copy
- 📄 Applicant passport size photographs (2 copies)
- 📄 Nominee NID copy & photograph (1 copy, attested by applicant)
- 📄 e-TIN certificate (optional, reduces source tax from 15% to 10%)
Information Provenance & Verification
Information curated from official Bangladesh financial regulatory circulars, schedules of charges, and bank publications.