Key Features:
  • Tenures from 1 to 5 years.
  • Monthly Installment from TK. 500/- to TK.25,000/-.
  • Attractive profit rate for short term tenure.
  • Installment fixed at opening the account. Once chose the installment/Tenure can’t rectify it further.
  • Account can be operated by single or jointly.
  • Deposit the installment at any branch through the month around the country.
  • Facility for depositing the installment in advance but have to pay penalty for due installment (up to BDT 5000, the penalty is 25 tk and more BDT 5000, penalty is 50tk).
  • If any customer failed to pay the installment for consecutive three (3) months, the account will be closed automatically.
  • Maturity amount may be transferred to Visa Debit Card (In that case applicant have to maintain saving account with FSIBL).
  • The full amount of maturity amount may be endorsed for passport by following the govt. rules & regulation (Condition apply).
  • On demand of the customer there will be facilities of discount for purchasing air ticket & hotel reservation (Condition apply).
  • In case of early encashment; closed before maturity but after completion of any tenure, depositors will be entitled to receive full benefit for the completed tenure at the provisional rate of profit prescribed there against. For remaining period no profit will be paid. In that case the account holder have to pay Closing charge as per bank rules & regulations.
The below Maturity Amount Table shows the different installment amounts on available tenures:

Monthly Installment

1 Year

2 Year

3 Year

4 Year

5 Year
  • Maturity amount is subject to regular payment of the prescribed monthly installments.
  • Maturity amount is subject to the deduction of the income tax and/or other levies.
Documents needed for opening account:
  1. One copy passport size photograph of the applicant.
  2. One copy passport size photograph of the nominee (photograph to be attested by the applicant).
  3. Photocopies of National ID Card/Passport/Driving License of both applicant and nominee.
  4. TIN Certificate (if applicable).
  5. Introducer (if case of new applicant and/or applicable).
  • Minimum Age: 18 years.
  • Citizen of Bangladesh.
For details, please visit your nearest branch of FSIBL.

Click Here to Find your Nearest Branch