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NBL relaunches Century Deposit Scheme

TBP Desk
31 May 2024 20:31:42 | Update: 31 May 2024 20:32:56
NBL relaunches Century Deposit Scheme
NBL officials at the scheme relaunching ceremony at the bank's head office in Dhaka on Wednesday — Courtesy Photo

National Bank Limited (NBL)’s "Century Deposit Scheme" was relaunched at the bank's head office in Dhaka on Wednesday.

NBL Managing Director and CEO Md Touhidul Alam Khan attended the launching event as the chief guest. Deputy Managing Directors Syed Rois Uddin, Sheikh Aktar Uddin Ahmed and Md Abdul Matin, along with other senior officials of the bank, were also present at the event, according to a press release.

The deposit period for the "Century Deposit Scheme" is 100 days. This scheme can be availed with a minimum deposit of Tk 50,000 or above, and it will auto-renew upon expiration.

Additionally, a loan facility of up to 80 per cent of the deposited amount will be available against the account balance at the prevailing interest rate of the bank.

Md Touhidul Alam said, “Considering the needs of the customers, National Bank has launched the Century Deposit Scheme product at an attractive interest rate. He also mentioned that this scheme is highly attractive for people from all walks of life.”

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