Are charges or profit for City Bank Fixed Deposit — 370 Days 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 Fixed Deposit — 370 Days

Offered by City Bank

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

Rate Confirm with bank Indicative — confirm with the bank

Tenure 370 days

About this product

Overview

City Bank PLC conventional banking products page, Interest Rate on Deposit, with effect from 6 September 2026. Individuals and non-individuals. Both columns print 7.00% below 20 crore and 7.75% from 20 crore upward. Those bands are not collapsed into one rate. Confirm the current rate with the institution before comparing.

Published terms

Product specifications

Tenure options: 370 days
Auto-debit facility: Not available
Auto-renewal: Available upon maturity
Account opening: All

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Published ledger

Current rates & charges

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

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This product has no published rate. Confirm the current rate with the institution before estimating a payment or maturity.

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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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 Fixed Deposit — 370 Days Confirm with bank

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