Name of the Organization : Pubali Bank Limited
Type of Facility : Dwigun Sanchay Proklpa (DSP)
Country : Bangladesh
Website : http://www.pubalibangla.com/Sanchaya.asp
Dwigun Sanchay Proklpa :
Customer Eligibility:
Adult Individuals
Related : Bank Bangladesh Pubali Sanchaya Prakalpa : www.statusin.org/6703.html
Account Opening Procedure:
** Prescribed application form
** Photograph of Account holder is required
** Photograph of the nominee(s) is/are required
** Specimen Signature required
Introducer:
Required
Joint Account Concep:
Joint Account allowed
Years to be Doubled:
Deposit will be doubled in 7 (six) years. No. of years to double the deposit may change time to Time
Deposit:
Single deposit. Tk.1,00,000/= or multiple thereof.
Withdrawal Procedure:
Encashment at Maturity or premature encashment
Loan Facility:
Borrowing up to 80% of the deposited amount in the form of OD/DL.
Interest applicable quarterly basis
Premature Encashment:
Allowed subject to following interest rate:
** Before 12 months – No interest and no penalty.
** From 12 to 23 months – Interest to be paid at SB interest. No interest for fraction days
** From 24 to 35 months – Interest to be paid at 7% simple rate. No interest for remaining days.
** From 36 to 83 months – Interest to be paid at 8% but no interest for remaining days.
Total months upto the date of encashment to be calculated and interest to be paid for the multiple of 3(three) months excluding the remaining period.
M = T – MOD(T/3)
Where: M = Months for which interest to be paid.
T = Total months up to date of payment.
For any query please Contact at:
Tel: (PABX) 9551614
Fax: 880-2-9564009 or
Email us at gsdd [AT] pubalibankbd.com
Bai Muazzal Account :
Terms and Conditions :
** Specific papers/documents on the basis of the type of the customer.
** Photograph of Account holder is required.
** Specimen Signature is required.
** Introducer is required.
** Nominee is required in case of individual.
** Initial Deposit is not compulsory.
** The Client is to offer & place order to purchase certain specific goods by the bank and commit to buy the same from the Bank on Bai-Muajjal i.e.: deferred payment sale at fixed price.
** The Client is to offer collateral security to guarantee the implementation of the promise to pay in future date.
** The Bank must purchase the goods and at the same time must deliver the goods to the Client on specified date, quantity, quality and price etc.
** The price has to be fixed and agreed and cannot be increased later.
** The Bank will sell the goods at agreed price, which will include price and the profit mark up.
** The client may apply for a limit under which disbursement may be made in deals fulfilling all deal wise documentation and application formalities.
Eligibility :
** Individual (Adult).
** Sole trader ship Firm.
** Partnership Firm.
** Joint Stock Company.
** Non Trading Concern (Club, Society etc).
** Govt. /Autonomous Bodies.
** NGOs.
About Us :
The Bank was initially emerged in the Banking scenario of the then East Pakistan as Eastern Mercantile Bank Limited at the initiative of some Bangalee entrepreneurs in the year 1959 under Bank Companies Act 1913 for providing credit to the Bangalee entrepreneurs who had limited access to the credit in those days from other financial institutions.
Contact Us :
Pubali Bank Limited
Head Office, 26 , Dilkusha Commercial Area,
Dhaka – 1000, Bangladesh.
G . P . O. Box. Number : 853.