Mercantile Bank Limited
Phone: +880-2-9559333, 9553892, 9561140
Double Benefit Deposit Scheme
Under this scheme, deposited amount will be double in a tenure of Seven and Half (7.5) years. Minimum deposited amount should be BDT 10,000 or its multiples. In case of premature encashment interest will be paid on Saving A/c Rate. Loan may be granted up to maximum 80% of the deposited amount, but minimum principle amount must be BDT 20,000. At the end of 2009 total amount of BDT 6.93 billion was deposited under this scheme.
Loan may be granted up to maximum 80% of the deposited amount
BDT 10,000 or its multiples.
Seven and Half (7.5) years.
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