Mercantile Bank Limited
Phone: +880-2-9559333, 9553892, 9561140
Fax: +880-2-9561213
Email: mbl@bol-online.com
Name
Quarterly Benefit Deposit Scheme
Benefit
Benefit starts right from the first quarter of opening the account. On maturity, principal amount will be paid back. Savings account is needed to maintain this scheme. Loan may be granted up to maximum 80% of the forced encashment value on the date of loan processing. During the period of continuation of loan, quarterly benefits will be credited only to the loan account.
Initial Deposit
50,000.00 (fifty thousand) or its multiples
Maturity Period
3 (three) years
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