SRDP – SBL Regular Deposit Program :

What is SBL Regular Deposit Program?

SRDP is a special savings plan that allow you to save an a monthly basis and get a handsome amount at maturity. SRDP Account gives you the convenience of saving regularly in time with your monthly income stream . So, if you want to create a big savings to fulfill your cherished dream SRDP in the right solution.

 

What is the eligibility?

To open a SRDP Account all you need is to be over 18 years of age and a Bangladeshi Citizen.

 

How do you open SBL Regular Deposit Program?

You can open a SRDP Account within 10 days of the month by filling up a prescribed account opening form at any Branch of Standard Bank Limited.

 

What is the term of SBL Regular Deposit Program?

You need to open a SRDP Account for 3 (three) or 5 (five) years, i.e. 36 and 60 equal monthly deposits respectively.

 

With is the minimum and maximum monthly deposit amount?

Under the SRDP you can choose between a minimum monthly deposit amount of Tk.300.00 and a maximum amount of Tk.1000.00

 

Monthly deposit amount and amount receivable after 3/5 years

 

 

Installment  Amount		Matured Value
		3 years	5 Years
Tk.	300.00	12,550.00	22,800.00
Tk.	500.00	20,900.00	38,000.000
Tk.	1,000.00	41,800.00	76,000.000
Tk.	2,000.00	83,600.00	1,52,000.00
Tk.	2,500.00	1,04,500.00	1,90,000.00
Tk.	5,000.00	2,09,000.00	3,80,000.00
Tk.	10,000.00	4,18,000.00	7,60,000.00

 

What are the flexibilities?

• Easy  procedure to open SRDP
• Upto 80% loan facility against SRDP deposit.