A Comparative Study of Different Deposit and Interest Rate of Commercial Banks in Bangladesh

1. 1
A Comparative Study of Different Deposit and
Interest Rate of Commercial Banks in Bangladesh
Faculty of Business Studies
Eastern University

2. 2
A comparative study of different deposit and interest rate of commercial banks in
Bangladesh
Course Title: Principles of Finance
Course Code: FIN 201
Submitted to:
Dewan Muktadir-Al-Mukit
Assistant Professor,
Faculty of Business Administration,
Eastern University
Submitted By:
Group No: 3
GROUP MEMBERS
Serial No Name ID
18 RABIUL ALAM HAMON 133200064
19 MOHAMMAD SUMSUL ALAM 141200002
20 SHAIKAT CHANDRA RAY 141200041
21 Md. SOHAG RANA 141200103
22 ASHADULLAH IBNE BURHAN 141200107
August 21, 2016

3. 3
Letter of Transmittal
August 21, 2016
Dewan Muktadir-Al-Mukit
Assistant Professor
Department of Finance and Banking
Faculty of Business Studies
Eastern University
Subject: Submission of the Report on“A comparative study of different deposit and interest
rate of commercial banks in Bangladesh”
Dear Sir:
It is our enormous pleasure to bring up here the report “A comparative study of different deposit
and interest rate of commercial banks in Bangladesh”. Thank you very much for appreciation
you provide us during the period.
We appreciate the opportunity to complete this charge within stipulated time. Any shortcomings
or mistakes are absolutely our fault we would always be available and ready to explain that further.
Sincerely yours,
RABIUL ALAM HAMON
MOHAMMAD SUMSUL ALAM
SHAIKAT CHANDRA RAY
Md. SOHAG RANA
ASHADULLAH IBNE BURHAN
Summer 2016

4. 4
ACKNOWLEDGEMENT
It’s our immense pleasure to complete this study in due time by grace of almighty Allah. We are
grateful to those people who helped us a lot during the preparation of the report. We wish to
express our profound sense of gratitude to our course teacher Dewan Muktadir-Al-Mukit,
Assistant Professor, Faculty of business studies for his inspiration, guide, valuable suggestion,
sympathetic advice, and enthusiastic encouragement made throughout the course of study work.
Moreover, we like to avail the opportunity to express our deep gratitude and regards to Eastern
Bank, Dutch-Bangla Bank, Jamuna Bank, Dhaka Bank & Mercantile Bank for making available
information on online.

5. 5
Executive Summery
There are two types of bank in any economic condition. One is Private bank and another one is
public bank. In a countries perspective both plays an important role. Private Banks basically
work for profit. Beside profit they think for the welfare of the citizens. This report work is done
on the comparison between five banks deposit rate or interest rate basis. We select Eastern Bank,
Dutch-Bangla Bank, Jamuna Bank, Dhaka Bank & Mercantile Bank to do this compression.
Both banks are leading bank in Bangladesh. This report will discuss about the difference
between this five banks deposit rate. This discuss will help to find out the difference between the
interest rate of private bank in Bangladesh.

6. 6
Table of Content
SL Particular Page No
Chapter 1 Introduction Part
1.1 Introduction 8
1.2 Objectives 8
1.3 Methodology 8
1.3.1 Analysis & Discussion 8
1.4 Limitations 9
Chapter 2 Company Overview
Eastern Bank 11-12
Dutch-Bangla Bank 13
Dhaka Bank 14
Mercantile Bank 15-16
Jamuna Bank 17
Chapter 3 Deposit Products & Features
Eastern Bank 19-24
Dutch-Bangla Bank 25-26
Dhaka Bank 27-28
Mercantile Bank 29-30
Jamuna Bank 31-37
Chapter 4 Analysis
4.1 Fixed Deposit 39
4.2 Monthly Savings Scheme 40-41
Chapter 5 Findings & Conclusion
5.1 Findings 43
5.2 Conclusion 43

7. 7
Chapter- One
INTRODUCTION PART

8. 8
1.1 Introduction:
The commercial banks accept deposits and also lend money to the people who require it for
various purposes. Lending of funds to traders, businessmen and industrial enterprises is one
of the important activities of commercial banks. The major part of the deposits received by
banks is lent out, and a large part of their income is earned from interest on such lending.
There is a considerable difference between the rate of interest which the commercial bank
grants on deposits, and the rate they charge on loans and advances. It is this difference which
constitutes the main source of bank earnings.
1.2Objectives:
The key objectives of the study are:
To identify the best interest rate.
To evaluate the current deposit and interest rate of commercial banks in Bangladesh
Comparisons between Eastern Bank, Dutch-Bangla Bank, Jamuna Bank, Dhaka Bank &
Mercantile Bank.
1.3Methodology:
This is a secondary data based report. Information has been collected from various secondary
sources like journal articles and different websites. All the existing commercial banks of
Bangladesh are included in this study. The objectives of the research are subject to be achieved
through the secondary data review and the qualitative discussion. Statistical analysis tool MS
Excel had been used for analysis and graphical presentations.
1.3.1 Analysis & Discussion:
This analysis only base on five commercial bank interest rate in Bangladesh. Here we
compare who give higher and who give lower interest rate in same amount and we show it
in pie or bar chart. The statistical of significance to identify significant difference of deposit
and interest rate of those five bank. In order to assess and draw comparison of the deposit
and interest rate of commercial banks.

9. 9
1.4 Limitations:
On the way of the study, I have faced the problems that are given below that may be
terms as the limitation or shortcoming of the study-
 Information were not available in secondary sources
 Could not take information from every employees of the branch
 Eliciting required information from busy officials within limited time period hampered the
data collection and analysis.
 It was quite tough for us to concentrate and complete such a complex analysis within a
short time span.

10. 10
Chapter- Two
COMPANY OVERVIEW

11. 11
With a vision to become the bank of choice and to be the most valuable financial brand in
Bangladesh, Eastern Bank Ltd. (EBL) began its journey in 1992. Over the years EBL has
established itself as a leading private commercial bank in the country with undisputed leadership
in Corporate Banking and a strong Consumer and SME growth engines. EBL's ambition is to be
the number one financial services provider, creating lasting value for its clientele, shareholder,
employees and above all for the community it operates in.
Vision
To become the most valuable brand in the financial services in Bangladesh creating long-lasting value for
our stakeholders and above all for the community we operate in by transforming the way we do business
and by delivering sustainable growth.
Mission
We will deliver service excellence to all our customers, both internal and external.
We will ensure to maximize shareholders' value.
We will constantly challenge our systems, procedures and training to maintain a cohesive and
professional team in order to achieve service excellence.
We will create an enabling environment and embrace a team based culture where people will excel.

12. 12
Values
SERVICE EXCELLENCE
We passionately drive customer delight.
We use customer satisfaction to accelerate growth.
We believe in change to bring in timely solution.
OPENNESS
We share the business plan.
We encourage two way communications.
We recognize achievements, celebrate results.
TRUST
We care for each other.
We share learning/ knowledge.
We empower our people.
COMMITMENT
We know our roadmap.
We believe in 'continuous improvement'.
We do not wait to be told.
INTEGRITY
We say what we believe in.
We respect every relationship.
We do not abuse information power.
RESPONSIBLE CORPORATE
CITIZEN
We are tax-abiding citizen.
We promote protection of the environment for our children.
We conform to all laws, rules, norms, sentiments and values of
the land.

13. 13
Dutch Bangla Bank was the first bank in Bangladesh to be fully automated. The Electronic-
Banking Division was established in 2002 to undertake rapid automation and bring modern
banking services into this field. Full automation was completed in 2003 and hereby introduced
plastic money to the Bangladeshi masses. Dutch Bangla Bank also operates the nation's largest
ATM fleet and in the process drastically cut consumer costs and fees by 80%. Moreover, Dutch
Bangla Bank choosing the low profitability route for this sector has surprised many critics. Dutch
Bangla Bank had pursued the mass automation in Banking as a CSR activity and never intended
profitability from this sector. As a result, it now provides unrivaled banking technology offerings
to all its customers. Because of this mindset, most local banks have joined Dutch Bangla Bank
banking infrastructure instead of pursuing their own.
Mission
Dutch-Bangla Bank engineers’ enterprise and creativity in business and industry with a
commitment to social responsibility. "Profits alone" do not hold a central focus in the Bank's
operation; because "man does not live by bread and butter alone".
Vision
Dutch-Bangla Bank dreams of better Bangladesh, where arts and letters, sports and athletics, music
and entertainment, science and education, health and hygiene, clean and pollution free
environment and above all a society based on morality and ethics make all our lives worth living.
Dutch-Bangla Bank 's essence and ethos rest on a cosmos of creativity and the marvel-magic of a
charmed life that abounds with spirit of life and adventures that contributes towards human
development.
Core Objectives
Dutch-Bangla Bank believes in its uncompromising commitment to fulfill its customer needs and
satisfaction and to become their first choice in banking. Taking cue from its pool esteemed
clientele, Dutch-Bangla Bank intends to pave the way for a new era in banking that upholds and
epitomizes its vaunted marquees "Your Trusted Partner"

14. 14
The nation was just halfway of its age; the passion for history and heritage and an obsession for
faster pace exerted a powerful force for change in the business world. Many budding hopes grew
as a choice of the new generation in the shadows of banking reformation of the nineties. Dhaka
Bank is such a dream that spread in profusion modern banking prospects with deep attachment to
its community and culture. A host of visionary entrepreneur friends inspired by a futurist leader
set forth the fight of this great corporate voyage that echoed the speed of technology on the inner
soul of Bangladesh. Dhaka Bank was incorporated as a Public Limited Company on April 6, 1995
under Companies Act, 1994. The company commenced banking operations on July 5, 1995.
Mission
To be the premier financial institution in the country providing high quality products and services
backed by latest technology and a team of highly motivated personnel to deliver Excellence in
Banking.
Vision
At Dhaka Bank, we draw our inspiration from the distant stars. Our vision is to assure a standard
that makes every banking transaction a pleasurable experience. Our endeavor is to offer you
supreme service through accuracy, reliability, timely delivery, cutting edge technology and
tailored solution for business needs, global reach in trade and commerce and high yield on your
investments.
Our people, products and processes are aligned to meet the demand of our discerning customers.
Our goal is to achieve a distinct foresight. Our prime objective is to deliver a quality that
demonstrates a true reflection of our vision- Excellence in Banking.
Corporate Value
Customer Focus Team work
Integrity Respect for the Individual
Quality Responsible Citizenship

15. 15
Mercantile Bank Limited emerged as a new commercial bank to provide efficient banking
services and to contribute socio-economic development of the country. The Bank commenced its
operation on June 2, 1999. The Bank provides a broad range of financial services to its customers
and corporate clients. The Board of Directors consists of eminent personalities from the realm of
commerce and industries of the country.
Mission
“Will become most caring, focused for equitable growth based on
diversified deployment of resources and nevertheless would remain healthy
and gainfully profitable bank.”
Mercantile Bank Limited aims to become one of the leading banks in Bangladesh by
prudence, flair and quality of operations in their banking sector. The bank has some
mission to achieve the organizational goals.
Vision
―Would make finest corporate citizen”
MBL dreams to become the bank of choice of the general public that includes both the
consumer and the corporate clients. They want to build such an image that whenever
people will think of a bank, they will think of Mercantile Bank Limited. MBL have
created a cadre of young professionals (YP) in banking profession. This has helped
boosting productivity in the bank.

16. 16
Core Values

Customer satisfaction pervades all our activities. MBL appreciates that
Customer’s satisfaction is critical for success.



Spurring innovation for reinforcement of our business. Origination and
materialization of change management for attainment of perfection and
we believe change is always constan.t



We continue to be responsible, ethical, sincere and transparent in our
thoughts and actions.



We always keep high on the agenda our commitment towards valued
depositors as their trustworthy custodian and to maintain the same spirit
for all other stakeholders.



Constant endeavor to act and respond in a socially responsible manner
keeping in mind society and our country to care for our environment.


Creation and Maximization of values for our shareholders.


17. 17
Jamuna Bank Limited (JBL) is a Banking Company registered under the Companies Act, 1994 of
Bangladesh with its Head Office currently at Hadi Mansion, 2, Dilkusha C/A, Dhaka-1000,
Bangladesh. The Bank started its operation from 3rd June 2001.
The Bank provides all types of support to trade, commerce, industry and overall business of the
country. JBL's finances are also available for the entrepreneurs to set up promising new ventures
and BMRE of existing industrial units. Jamuna Bank Ltd., the only Bengali named 3rd generation
private commercial bank, was established by a group of local entrepreneurs who are well reputed
in the field of trade, commerce, industry and business of the country.
Vision
To become a leading banking institution and to play a significant role in the development of the
country.
Mission
The Bank is committed for satisfying diverse needs of its customers through an array of products
at a competitive price by using appropriate technology and providing timely service so that a
sustainable growth, reasonable return and contribution to the development of the country can be
ensured with a motivated and professional work-force.
Values
 Customer Focus
 Integrity
 Quality
 Teamwork
 Respect for the individual
 Harmony
 Fairness
 Courtesy
 Commitment

18. 18
Chapter- Three
DEPOSIT PRODUCT & FEATURES

19. 19
Deposit Product
EBL Current Account
EBL Current Plus
EBL Power Savings
EBL Classic Savings
EBL Max Saver
EBL Premium Savings
EBL 50+ Savings
EBL Smart Women’s Savings
EBL Millionaire Scheme
EBL Confidence
EBL Repeat
EBL FD
 Deposit Interest Rate
Types of Deposit (HPA/ SB/ STD) Rates effective from August 02, 2016
HPA Corporate 3.00%
EBL Power Savings 2.00%
EBL Max saver 2.50%
EBL Classic Savings 3.00%
EBL Premium Savings BDT 100K-500K 2.00%
EBL Premium Savings Above BDT 500K- 1 Million 3.00%
EBL Premium Savings Above BDT 1M-2.50 Million 3.50%
EBL Premium Savings Above BDT 2.5M -10 Mill. 3.50%
EBL Premium Savings Above BDT 10 Million 3.50%
EBL 50+ Savings 50 k<500k 2.50%

20. 20
EBL 50+ Savings 500k<2.5 million 3.50%
EBL 50+ Savings 2.5 Million<10 million 3.50%
EBL 50+ Savings Above 10 million 3.50%
EBL Smart Women's Savings 25 k<250k 2.50%
EBL Smart Women's Savings 250k<1 million 3.50%
EBL Smart Women's Savings 1 Million<10 million 3.50%
EBL Smart Women's Savings Above 10 million 3.50%
SND 0 < 10 million 1.00%
SND 10 Million < 250 Million 2.00%
SND 250 Million < 500 Million 2.50%
SND 500 Million <1000 Million 3.00%
SND 1000 million + 3.00%
SND – Bank Market Rate
Types of Deposit (TD) Corporate Consumer SME
FDR- 1 Month - Less than 5 M 2.50% 2.50% 2.50%
FDR- 1 Month - 5 M to < 10 M 2.50% 2.50% 2.50%
FDR- 1 Month - 10 M to < 50 M 2.50% 2.50% 2.50%
FDR- 1 Month - 50 M to < 100 M 2.50% 2.50% 2.50%
FDR- 1 Month - 100 M to < 150 M 2.50% 2.50% 2.50%
FDR- 1 Month - 150 M & above 2.50% 2.50% 2.50%
FDR- 3 Months - Less than 5 M 3.50% 3.50% 3.50%
FDR- 3 Months - 5 M to < 10 M 3.50% 3.50% 3.50%
FDR- 3 Months - 10 M to < 50 M 3.50% 3.50% 3.50%
FDR- 3 Months - 50 M to < 100 M 3.50% 3.50% 3.50%
FDR- 3 Months - 100 M to < 150 M 3.50% 3.50% 3.50%
FDR- 3 Months - 150 M & above 3.50% 3.50% 3.50%
FDR- 6 Months - Less than 5 M 3.50% 3.50% 3.50%
FDR- 6 Months - 5 M to < 10 M 3.50% 3.50% 3.50%
FDR- 6 Months - 10 M to < 50 M 3.50% 3.50% 3.50%
FDR- 6 Months - 50 M to < 100 M 3.50% 3.50% 3.50%
FDR- 6 Months - 100M to < 150 M 3.50% 3.50% 3.50%

21. 21
FDR- 6 Months - 150 M & above 3.50% 3.50% 3.50%
FDR- 1 Year - Less than 5 M 4.00% 4.00% 4.00%
FDR- 1 Year - 5 M to < 10 M 4.00% 4.00% 4.00%
FDR- 1 Year - 10 M to < 50 M 4.00% 4.00% 4.00%
FDR- 1 Year - 50 M to < 100 M 4.00% 4.00% 4.00%
FDR- 1 Year - 100M to < 150 M 4.00% 4.00% 4.00%
FDR- 1 Year - 150 M & above 4.00% 4.00% 4.00%
Corp/SME/Consumer
FDR- 2 Years - Less than 10 M 4.00%
FDR- 2 Years - 10 M to < 50 M 4.00%
FDR- 2 Years - 50 M to < 100 M 4.00%
FDR- 2 Years - 100 M to < 500 M 4.00%
FDR- 2 Years - 500 M & above 4.00%
FDR- 3 Years – Less than 10 M 4.00%
FDR- 3 Years – 10 M to < 50 M 4.00%
FDR- 3 Years - 50 M to < 100 M 4.00%
FDR- 3 Years - 100 M to < 500M 4.00%
FDR- 3 Years - 500 M & above 4.00%
Extra Value Fixed Deposit Corporate Consumer/SME
EXTRA VALUE- 1 Month - Less than 5 M 2.50% 2.50%
EXTRA VALUE- 1 Month - 5 M to < 10 M 2.50% 2.50%
EXTRA VALUE- 1 Month - 10 M to < 50 M 2.50% 2.50%
EXTRA VALUE- 1 Month - 50 M to < 100 M 2.50% 2.50%
EXTRA VALUE- 1 Month - 100 M to < 150 M 2.50% 2.50%
EXTRA VALUE- 1 Month - 150 M & above 2.50% 2.50%
EXTRA VALUE- 3 Months - Less than 5 M 3.50% 3.50%
EXTRA VALUE- 3 Months - 5 M to < 10 M 3.50% 3.50%
EXTRA VALUE- 3 Months - 10 M to < 50 M 3.50% 3.50%
EXTRA VALUE- 3 Months - 50 M to < 100 M 3.50% 3.50%
EXTRA VALUE- 3 Months - 100 M to < 150 M 3.50% 3.50%
EXTRA VALUE- 3 Months - 150 M & above 3.50% 3.50%

22. 22
EXTRA VALUE- 6 Months - Less than 5 M 3.50% 3.50%
EXTRA VALUE- 6 Months - 5 M to < 10 M 3.50% 3.50%
EXTRA VALUE- 6 Months - 10 M to < 50 M 3.50% 3.50%
EXTRA VALUE- 6 Months - 50 M to < 100 M 3.50% 3.50%
EXTRA VALUE- 6 Months - 100M to < 150 M 3.50% 3.50%
EXTRA VALUE- 6 Months - 150 M & above 3.50% 3.50%
EXTRA VALUE- 1 Year - Less than 5 M 4.00% 4.00%
EXTRA VALUE- 1 Year - 5 M to < 10 M 4.00% 4.00%
EXTRA VALUE- 1 Year - 10 M to < 50 M 4.00% 4.00%
EXTRA VALUE- 1 Year - 50 M to < 100 M 4.00% 4.00%
EXTRA VALUE- 1 Year - 100M to < 150 M 4.00% 4.00%
EXTRA VALUE- 1 Year - 150 M & above 4.00% 4.00%
Category 2:
Name of the Product Interest Rate
EBL Campus Account 2.00%
EBL EASY Account 2.00%
EBL SHUBIDHA 3.50%
EBL Shonchoy 2.00%
EBL Paribar 2.00%
EBL Salary 2.00%
EBL Junior 3.50%**
EBL Agri Saver 2.00%
SME Equity Builder 5.00%
EBL Shakti Savings 3.50%**
EBL Speed 2.00%
Name of the Product
Time Frame
1 Year 2 Years 3 Years
EBL Repeat 4.00% 4.00% 4.00%
EBL Repeat Corp 4.00% - -
EBL Repeat SME 4.00% - -
EBL-50 5.00% 5.00% 5.00%
Name of the Product Time Frame

23. 23
190 Days 380 Days
EBL ALO 6.00% 7.00%
Name of the Product
Time Frame
3 Years 5 Years 7 Years 10 Years
EBL Confidence 5.00% 5.00% 5.00% 5.00%
Name of the Product
Time Frame
3 Years 5 Years 10 Years 15 Years
EBL Child Future Plan 5.00% 5.00% 5.00% 5.00%
Name of the Product
Time Frame
3 Years 5 Years 7 Years 10 Years 12 Years 15 Years
EBL Millionaire Scheme 5.00% 5.00% 5.00% 5.00% 5.00% 5.00%
Products on Hold (Fresh booking is not allowed until further notice):
Types of Deposit (HPA/ SB/ STD) Interest Rate
HPA Consumer Less than 1M 3.00% (Hold)
HPA Consumer more than 1M 3.00% (Hold)
Savings 0<10 million 3.00% (Hold)
Savings 10 Million < 250 Million 3.00% (Hold)
Savings 250 Million < 500 Million 3.00% (Hold)
Savings 500 Million <1000 Million 3.00% (Hold)
Savings 1000 million + 3.00% (Hold)
Savings Plus 100 Thousand < 500 Thousand 3.00% (Hold)
Savings Plus 500 thousand < below 1 Million 3.00% (Hold)
Savings Plus 1 Million < 2.50 Million 3.00% (Hold)
Savings Plus 2.5 Million <10 Million 3.00% (Hold)
Savings Plus 10 Million and more 3.00% (Hold)
EBL Platinum Plus Savings BDT 100K-500K 3.00% (Hold)
EBL Platinum Plus Savings Above BDT 500K- 1 Million 3.00% (Hold)
EBL Platinum Plus Savings Above BDT 1M-2.50 Million 3.00% (Hold)
EBL Platinum Plus Savings Above BDT 2.5M -10 Mill. 3.00% (Hold)
EBL Platinum Plus Savings Above BDT 10 Million 3.00% (Hold)

24. 24
Name of the Product Interest Rate
EBL Interesting 3.00% (Hold)
EBL Secure DPS 9.50% (Closed)***
EBL Just Double 10.41% (Hold)
SME Double Return 10.41% (Hold)
Monthly Deposit Plan 7.00% (Closed)***
Monthly Income Plan 7.00% (Closed)***

25. 25
Regular Deposit Products
Savings Deposit Account
Current Deposit Account
Short Term Deposit Account
Resident Foreign Currency Deposit
Foreign Currency Deposit
Convertible Taka Account
Non-Convertible Taka Account
Exporter's FC Deposit(FBPAR)
Current Deposit Account-Bank
Short Term Deposit Account-Bank
 Deposit Interest Rate
Deposit Product Interest Rate
Savings Deposit 4.00
Special Notice Deposit (SND) Deposit
< 1.00 Crore 2.00
1.00 < 25.00 crore 3.00
25.00 < 50.00 crore 3.00
50.00 < 100.00 crore 3.00
100.00 and above 3.00

26. 26
Fixed Deposit
3 months but < 6 months 3.50-4.00
6 months but < 1 years 4.00-4.50
1 years but < 2 years 4.50-5.00
2 years but < 3 years 4.50-5.00
3 years and above 5.00

27. 27
Deposit Products:
DBL current ACCOUNT
DBL SAVINGS ACCOUNT
Dhaka Bank BUNDLE SAVINGS ACCOUNT
JOMA SAVINGS ACCOUNT
Dhaka Bank Short Term Deposit
Dhaka Bank (FDR)
Deposit Interest Rate:
 DBL SAVINGS ACCOUNT
 Minimum required deposit: Tk. 5000.00
 Yearly service charge: BDT 600 + VAT (If Average Balance 25000.00+)
 Interest Rate: 4.00% (will be as per ALCO revision)
 Dhaka Bank BUNDLE SAVINGS ACCOUNT (3 types)
 DHAKA BANK SILVER ACCOUNT
 Minimum balance deposit: Tk.30,000
 Interest: 4% p.a. (paid monthly)
 DHAKA BANK GOLD ACCOUNT
 Minimum Balance Deposit: Tk.50,000
 Interest: 4.25% p.a. (paid monthly)
 DHAKA BANK PLATINUM ACCOUNT
 Minimum Balance Deposit: Tk.100,000
 Interest: 4.50% p.a. (paid monthly)

28. 28
 Dhaka Bank Short Term Deposit
 Minimum required deposit: Tk. 25,000.00
 Yearly Service Charge: BDT 1000.00+ VAT
 Interest Rate: 3.00% (Will be as per ALCO revision)
 Dhaka Bank (FDR)
 Minimum required deposit: Tk. 50,000.00
 Tenure: minimum 1 months and maximum 2 years (provision for auto renewal)
 Interest Rate (Maximum): 4.00% – 5.50% (will be as per ALCO revision)

29. 29
Deposit Product:
Current Deposit Account
Savings Bank Account
Special noticed Deposit Account
Fixed Deposit Account
Double Benefit Deposit Scheme
Family Maintenance Deposit
Mashik Sanchaya Prokalpa
Quarterly Benefit Deposit
1.5 Times Benefit Deposit Scheme
Advance Benefit Deposit Scheme
Deposit Interest rate:
 Current Deposit Account:
Rate of Interest: 3.50%
Special Noticed Deposit Account:
BDT 1 Lac to
Less than BDT
1 Cr.
BDT 1 Cr. to
less than BDT
25 Cr.
BDT 25 Cr. to
less than BDT
50 Cr
BDT 50 Cr. to
less than BDT
100 Cr.
BDT 100 Cr.
and above
2.50% 3.00% 3.50% 4.00% 4.50%
 FDR Rates
Period For any Amount
01 Month 3.50%
3 Months 5.00%
6 Months 5.00%
1 Year 5.00%
2 Year 5.00%

30. 30
3 Year 5.00%
 Monthly Saving Scheme:
Monthly installment sizes are 250, 500, 1000, 1500, 2500, 5000 and in multiples of 5000 up to BDT 25000.
Installment & Benefits
Period Simple Interest Rate Effective Interest Rate
3 Years 6.04% 6.21%
5 Years 6.04% 6.21%
8 Years 6.04% 6.21%
10 Years 6.04% 6.21%

31. 31
Deposit Product
Lakhpati Deposit Scheme
Millionaire Deposit Scheme
Kotipati Deposit Scheme
Double Growth Deposit Scheme
Triple Growth Deposit Scheme
Monthly Savings Scheme
Monthly Benefit Scheme
Marriage Scheme
Pension Deposit Scheme
Educational Scheme
Rural Deposit Scheme
Mudaraba Hajj Savings Scheme
Deposit Interest Rate:
 Lakhpati Deposit Scheme
Tenor
Payable at
maturity
Rate Monthly Installment
1 Years
Tk. 1.00 Lac
7.50% 8,055
2 Years 7.60% 3,875
3 Years 7.75% 2,480
4 Years 7.90% 1,780
5 Years 8.00% 1,365
6 Years 8.10% 1,085

32. 32
 Millionaire Deposit Scheme
Tenor Payable at maturity Rate Monthly Installment
3 Years
Tk. 10.00 Lac
7.75% 24,800
4 Years 7.90% 17,800
5 Years 8.00% 13,650
6 Years 8.10% 10,850
7 Years 8.20% 8,855
8 Years 8.25% 7,395
10 Years 8.50% 5,320
12 Years 8.60% 3,990
15 Years 8.75% 2,705
18 Years 8.80% 1,910
 Kotipati Deposit Scheme
Tenor Payable at maturity Rate Monthly Installment
3 Years
Tk. 1.00 Crore
7.75% 248,000
4 Years 7.90% 178,000
5 Years 8.00% 136,500
6 Years 8.10% 108,500
7 Years 8.20% 88,550
8 Years 8.25% 73,950
10 Years 8.50% 53,200
12 Years 8.60% 39,900
15 Years 8.75% 27,050
18 Years 8.80% 19,100
20 Years 8.85% 15,265

33. 33
 Double Growth Deposit Scheme
Tenor Fixed Deposit Amount
Monthly Compounded Intt.
Rate.
08 Years 4 months Tk.1000.00 or its multiple 8.35%
 Triple Growth Deposit Scheme
Tenor Amount
Monthly Compounded Intt.
Rate.
13 Years Tk. 1,000.00 or its multiple 8.50%
 Monthly Savings Scheme
Tenor Installment Rate (7.75%) & Amount
3 Years
500 20,190
1,000 40,380
1,500 60,570
2,000 80,760
3,000 121,140
5,000 201,900
10,000 403,800
Tenor Installment Rate (8.00%) & Amount
5 Years
500 36,735
1,000 73,470
1,500 110,205
2,000 146,940
3,000 220,410
5,000 367,350
10,000 734,700
Tenor Installment Rate (8.25%) & Amount

34. 34
8 Years
500 67,665
1000 135,330
1500 202,995
2000 270,660
3000 405,990
5000 676,650
10000 1,353,300
Tenor Installment Rate (8.50%) & Amount
10 Years
500 94,070
1000 188,140
1500 282,210
2000 376,280
3000 564,420
5000 940,700
10000 1,881,400
 Monthly Benefit Scheme
Deposit
(Taka)
Tenor Monthly Profit Annual Rate of Intt.
1.00 Lac
06 Months 605 7.26%
01 Year 625 7.50%
02 Years 645 7.75%
03 Years 667 8.00%
04 Years 675 8.10%
05 years 688 8.25%

35. 35
 Marriage Scheme
Tenor Monthly Installment Rate of Intt. Payable at maturity
3 Years
1,000
7.75%
40,380
1,500 60,570
2,000 80,760
2,500 100,950
5 Years
1,000
8.00%
73,475
1,500 110,213
2,000 146,950
2,500 183,688
7 Years
1,000
8.20%
112,960
1,500 169,440
2,000 225,920
2,500 282,400
8 years
1,000
8.25%
135,335
1,500 203,003
2,000 270,670
2,500 338,338
10 Years
1,000
8.50%
188,135
1,500 282,203
2,000 376,270
2,500 470,338
12 Years
1,000
8.60%
250,655
1,500 375,983
2,000 501,310
2,500 626,638
15 Years
1,000
8.75%
369,985
1,500 554,978
2,000 739,970
2,500 924,963
18 Years
1,000
8.80%
524,500
1,500 786,750
2,000 1,049,000
2,500 1,311,250

36. 36
 Pension Deposit Scheme
Tenor Deposit Amount Amount Rate
03 Years
Tk 1,00,000 or
multiple
127,025 8.00%
05 Years 150,850 8.25%
07 Years 180,925 8.50%
 Educational Scheme
Tenor Installment Rate of Intt.
Amount Payable at the
maturity
3 Years
1,000
7.75%
40,380
1,500 60,570
2,000 80,760
2,500 100,950
4 Years
1,000
7.95%
56,290
1,500 84,435
2,000 112,850
2,500 140,725
6 Years
1,000
8.10%
92,315
1,500 138,473
2,000 184,630
2,500 230,788
8 years
1,000
8.25%
135,335
1,500 203,003
2,000 270,670
2,500 338,338
10 Years
1,000
8.50%
188,140
1,500 282,210
2,000 376,280
2,500 470,350

37. 37
 Rural Deposit Scheme
Monthly Deposit Tenor Intt. Rate Payable Amount
200
03 years 7.75% 8,077
05 years 8.00% 14,695
08 years 8.25% 27,067
10 years 8.50% 37,628
12 years 8.60% 50,131
15 years 8.75% 73,997
18 years 8.80% 104,900
 Mudaraba Hajj Savings Scheme
Tenor Payable at maturity Rate Monthly Installment
1 Years 347,794 7.50% 28,000
2 Years 348,731 7.60% 13,500
3 Years 353,352 7.75% 8,750
4 Years 365,524 7.90% 6,500
5 Years 374,732 8.00% 5,100
6 Years 378,504 8.10% 4,100
7 Years 395,359 8.20% 3,500
8 Years 406,005 8.25% 3,000
9 Years 448,537 8.35% 2,800
10 Years 470,346 8.50% 2,500
11 Years 479,441 8.55% 2,200
12 Years 501,301 8.60% 2,000
13 Years 515,974 8.65% 1,800
14 Years 522,063 8.70% 1,600
15 Years 554,976 8.75% 1,500

38. 38
Chapter- Four
ANALYSIS

39. 39
4.1Fixed Deposit:
For 3 to 5 months:
In 3 to 5 months fixed deposit plan Jamuna Bank give high interest 5.5 then Mercantile Bank
5%, Dhaka Bank 4.25%, Eastern Bank & Dutch-Bangla Bank give 3.5% interest.
For 1 year:
in one-year fixed deposit plan Jamuna Bank give high interest 5.5%. Mercantile Bank 5%,
Dutch-Bangla Bank 4.5%, Eastern Bank & Dhaka Bank 4%
3.5 3.5
4.25
5
5.5
EASTERN BANK DUTCH-BANGLA
BANK
DHAKA BANK MERCANTILE
BANK
JAMUNA BANK
Fixed Deposit(3-5 months)
Series1 Series2

40. 40
4.2 Monthly Savings Scheme:
In monthly savings scheme Jamuna Bank provide high interest (7.75%) and Dhaka Bank
provide low interest (3%).
4
4.5
4
5
5.5
0
1
2
3
4
5
6
Eastern Bank Dutch-Bangla
Bank
Dhaka Bank Mercantile Bank Jamuna Bank
Fixed Deposit(1 year)
Series1 Series2
5
5
3
6.21
7.75
E A S T E RN BA NK DUT C H - BA NGLA
BA NK
DH A K A BA NK ME RC A NT ILE
BA NK
JA MUNA BA NK
CHART TITLE
Series1 Series2

41. 41
Example:
If any monthly savings plan, we deposit 10000tk for 3 years. Those bank will give us this
amount:
Bank Interest Rate Amount
Eastern Bank 5% 378000
Dutch-Bangla Bank 5% 378000
Dhaka Bank 3% 370800
Mercantile Bank 6.21% 382356
Jamuna Bank 7.75% 403800
We will choose Jamuna Bank because they provide more interest rate and their amount is high.

42. 42
Chapter- Five
FINDINGS & CONCLUSION

43. 43
5.1 Findings:
 Jamuna Bank gives high interest rate.
 Jamuna Bank monthly savings amount is higher than others.
 Their fixed deposit rate is also high.
5.2 Conclusion:
Commercial bank provides various financial service, such as accepting deposits and
issuing loans. Commercial bank customers can take advantage of a range of investment
products that commercial banks offer like savings accounts and deposit. This five banks are
commercial bank. They doing their banking system very well. Though their deposit product or
interest are not same but they try to give proper service to their customer.