EBL MILLIONAIRE WOMEN DPS SCHEME

Eastern Bank Limited designed a DPS scheme specially for women and named it Millionaire Women DPS. To make women financially strong EBL Millionaire Women DPS is a BDT10,00,000 (BDT 10 lac) making plan through monthly deposits of customer’s choice. The Initial Deposit amount will be fixed on the basis of the maturity year selected by the customer as 4,6,8,10,12 & 14 years (as preferred by the customer). EBL Millionaire Women DPS is the best choice for you if you are-Belong to mid/upper income segment and looking for a monthly Savings Scheme (DPS) with flexible long-term tenure and maturity value of One Million BDT.

Key Features of EBL MILLIONAIRE WOMEN DPS:

  • You can open more than one “EBL Women Millionaire Scheme”.
  • All EBL Women Millionaire Scheme will be opened with an initial deposit of either Zero or BDT 1,00,000 as the first installment amount
  • EBL Women Millionaire Scheme Holders may take Credit facility against EBL Women Millionaire Scheme
  • Monthly installments will be automatically deducted from the Customer’s Personal EBL account linked with Women DPS Scheme
  • Deduction of the monthly installments will start from the day of the opening the EBL Women Millionaire Scheme and all subsequent installments will be deducted on the same day of the following months. Sufficient balance must be kept in the linked account on or within the next three days of due date to collect the deposits.
  • In case of irregular payment of the monthly installments, the Maturity value may fluctuate and cannot be guaranteed. In such cases, the customer will get the maturity amount at the end of the tenure as per system calculation based on his/her deposited amount. However, the account will not close.

Read Also: EBL MILLIONAIRE SCHEME of Eastern Bank Limited.

Eligibility

Any Bangladeshi Citizen aged 18 years or above having a Current or Savings Account maintained with EBL.

Required Documents for opening EBL MILLIONAIRE WOMEN DPS Scheme:

  1. Photocopy of NID/Smart card of both account holder and nominee.
  2. 2 copies of Passport size lab print photograph of both account holder and nominee.
  3. E-TIN certificate or tax-payment slip (if any).
  4. Utility bill Copy.

Installment Amount and Tenure:

  • The installment amount will be as per Maturity value Table.
  • Customers can choose from Six different tenures: 4,6,8,10,12 & 14 years
PRODUCT NAMEEBL MILLIONAIRE WOMEN DPS
YEARINITIAL AMOUNT

MATURITY AMOUNT

100,000
418,60016,3001,000,000
611,90010,300
88,5007,200
106,5005,400
125,1004,200
144,2003,300

Premature encashment procedure will be as below:

  • If the account is Closed Before One Year – No Interest will be given.
  • Closed After one Year but before three Years- Interest will be given at the existing Savings account interest rate.
  • Closed After 3 Year-Interest at EBL Women Millionaire Scheme Product Rate until the date of closing

For further query:

EBL call center is always open for your query. You can call 24*7 16230 or 09612316230 and from abroad +8809612316230, and you can visit physically any of Eastern Bank Limited Branch all over the country or visit their official website: https://www.ebl.com.bd/.

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