Bangladesh Finance launches retirement plan

Bangladesh Finance introduced a customized product called “Bangladesh Finance Retirement Plan”.

In this customized product, customer can deposit a specific amount of money according to their financial capacity every month for 10 years. After ten years, customer can receive the same amount of money every month for their remaining lifetime, said a media release.

Moreover, the deposited money will be intact and customer can encash it any time after maturity (that will also close the monthly installment payment to the depositor).

Bangladesh Finance will also provide insurance facility to the customer, which means for sudden death or permanent disability of the customer before maturity, the customer or the nominee will receive the total facility without providing any other monthly installments.