DEPOSIT SCHEME

IIDFC is authorized by Bangladesh Bank to accept Term Deposits for a period of 6 months (institutions only) or one year and/or above. It offers attractive terms and returns to the depositors as well as total security. The minimum amount of deposit is Tk.50,000/- and there is no maximum limit. The depositors will be allowed to take loans & advances against deposits. The fund raised from your investment to IIDFC is prudently utilized in various financial activities.

Various types of deposit products

1. Return on Fixed Investment
   
   1. Periodical Earning Deposit
      1. Yearly earning scheme
         
      2. Half yearly earning scheme
      3. Quarterly profit scheme
      4. Monthly profit scheme
   2. Profit First scheme
   3. Money Multiplier Scheme
      1. Double Money Program (5 years 6 months)
      2. Triple Money program (8 years 9 months)
2. Monthly Deposit Scheme (Coming soon)
   Tk 500/- or multiple per month for a period of 3-8 years
   

Information required:

The followings are required along with the application for investment:

• A copy of recent passport size photograph of both the investor and the nominee.
• Copy of Passport / TIN Certificate / Voter ID or any photo identification document.
• Compliance with KYC (Know Your Customer) guideline of Bangladesh Bank.

Who Can Deposit ?
Individual : Any citizen of Bangladesh having age over 18 years.
Institution : Any institution having valid license of permission from appropriate authority of Government of Bangladesh to do business.

Interest Rate
Interest rate is highly market competitive. The rate prevalling on the date of investment will be applicable for interest calculation.

Renewal
Deposit made with IIDFC is renewable and the depositor will be informed prior to maturity of already existing deposits. The rate of interest during renewal will depend on the prvalling market condition.

Taxes and Levies
Taxes and Levies will be deducted from interest earned on the investment as per Government rules and regulations.

Attractive Return
Attractive and secured return is offered on the investment products to ensure fast growth of your invested funds.

Easy Loan
We are well aware that you may have any sudden unforeseen requirement of funds. To satisfy such sudden requirements, you can avail loans upto 90% of your deposited amount.

Customer Service
We believe that depositors are one of the main stakeholders of IIDFC. We consistently deliver very prompt, efficient and personalized services to our depositors.