Agrani Bank – Millionaire Deposit Scheme

Agrani Bank Millionaire Deposit Scheme

Agrani Bank emerged as a Nationalized Commercial Bank following the Bangladesh Banks (Nationalization) Order 1972 vide President’s Order No. 26 of 1972 under which former Habib Bank Limited and Commerce Bank Limited and renamed as Agrani Bank. The Bank was incorporated as a State-owned Commercial Bank on 17 May 2007 under the Companies Act 1994. On a going concern basis, Agrani Bank Limited took over the business, assets, liabilities, rights and obligations of Agrani Bank through a vendor’s agreement signed on 15 November 2007 between the Ministry of Finance of the People’s Republic of Bangladesh and the Board of Directors of ABL with retrospective effect from 01 July, 2007.

Duration : 5 , 7 & 10 years .

Initial Deposit:

Year	Monthly Installment (Taka)
5	14900
7	10100
10	6520

For 5 years monthly deposit 14900/- taka , For 7 years monthly deposit 10100/- taka , For 10 years monthly deposit 6520/- taka ,

Rate of interest:

Year	Annual rate of interest
5	5.06%
7	5.28%
10	5.48%

5.06% for 5years,5.28 for 7 years & 5.48 for 10 years

Rules

• General account opening rules are applicable for opening this account

Nominee Selection

• Depositor can select nominee of any ages.
• Nominee will get total amount of money due to the death of depositors by providing below mentioned documents.
• Death certificate of the depositor.
• Application of the nominee (If minor then by legal guardian), attested picture of the nominee by local chairman or ward commissioner & NID of nominee.
• Identity certificate of the nominee provided by local chairman or ward commissioner.
• Have to receive indemnity bond in favor of the bank.