Deposit Schemes




AVSK Finance

Deposit Schemes


AVSK FINANCE is a place from where you can find your every financial solution under one umbrella. Under this umbrella you can find a wide range of deposit products which can be both beneficial and profitable as per your needs. High quality services, maximum security of your hard earned money with lucrative rate of return and loan facilities against deposits are only few of many reasons wwhy AVSK Finance should be you premier option for deposits.

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1. Double Money
Double Money is a long term deposit product offered to customers for their long term investment with an aim to doubling their investment. The product would be mainly targeted to those who would like to get a handsome return on their initial investment. The product would especially cater to the requirements of parents and young professionals who want to secure their future. Minimum amount required to open a Double Money is BDT 50,000 and the investment would be doubled in 6 years.

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***Deposit amount placed at a time will be doubled on completion of 6 years.

2. Triple Money
Triple Money is a long term deposit product offered to customers for their long term investment with an aim to tripling their investment. The product would be mainly targeted to those who would like to get a handsome return on their initial investment. The scheme would especially cater to the requirements of parents and young professionals who want to secure their future. Minimum amount required to open a Triple Money is BDT 50,000 and the investment would be tripled in 10 years

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***Deposit amount placed at a time will be tripled on completion of 10 years.
3. Classic TDR
Classic TDR is a term deposit product offered to customers. The product is designed to give the customers the flexibility to choose their own tenor for 3 months, 6 months, 12 months, 24 months and 36 months, based on their requirement. Interest will be received at the time of maturity.

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3 Months
6 Months
1 Year
2 Years
3 Years
9.50%
9.75%
10.25%
10.50%
10.75%

                                                                                                                         
4. Earn First
Earn First is a term deposit product offered to customers allowing them to earn interest in advance with a scope to reinvest that amount for a higher return. The unique feature of this product is that interest is given upfront, at the time of opening the fixed deposit. Minimum amount required to open an Earn First is BDT 100,000. Earn First can be opened for 12 months, 24 months & 36 months.
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1 Year
2 Years
3 Years
9.30%
9.50%
9.71%

                                   
                                                                                                               
5. Sohoj Sanchoy
Shohoj Sanchoy is a term deposit product offered to customers. The product is designed to give customers the flexibility to choose their own tenor from 4 months & 5 months, 7 months to 11 months & 13 months to 18 months based on their requirement. Interest will be received at the time maturity.
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Term
Interest Rate
4 months
9.60%
5 months
9.70%
7 months
9.85%
8 months
9.90%
9 months
9.95%
10 months
10.05%
11 months
10.15%
13 months
10.30%
14 months
10.35%
15 months
10.40%
16 months
10.45%
17 months
10.45%
18 months
10.45%
6. Quick Sanchoy
It is a combination of Term deposit and monthly Savings Scheme (DPS) with flexible tenure. Customer initially deposits a fixed amount and a certain amount will be deposited every month until the maturity. After maturity the initial deposited amount would be double or triple.


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Tenure Initial Deposit of BDT 100,000

Monthly Installment
Maturity Amount
30 months
2,000.00
200,000.00
54 months
2,000.00
300,000.00
62 months
1,500.00
300,000.00
7. Money Builder
Money Builder Term Deposit (MBTD) is an installment based savings deposit (on monthly basis) for individual customer. In this account a customer deposit a certain amount of money for a certain period and on maturity an agreed amount will be paid to the customer.

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Tenure
3 years
5 years
8years
10 years
Installment per Month
Maturity Amount
500
21,800
41,300
80,750
1,16,000
1,000
43,600
82,600
1,61,500
2,32,000
1,500
65,400
1,23,900
2,42,250
3,48,000
2,500
1,09,000
2,06,500
4,03,750
5,80,000
5,000
2,18,000
4,13,000
8,07,500
11,60,000
8. Periodic Return Term & Deposit 

Periodic Return Term Deposit is a term deposit product offered to customers allowing them to earn interest on a Monthly, Quarterly & Half Yearly basis. The unique feature of this product is that interest income is given on a Monthly, Quarterly & Half Yearly basis instead of at the end of the term generating a better return. The product would be mainly targeted towards those clients especially pensioners, who would like to invest their service end benefits or others to a scheme where they can ensure a monthly, quarterly & half yearly income flow. Minimum amount required to open a Periodic Return Term Deposit is BDT 100,000. Periodic Return Term Deposit can be opened for 12 months, 24 months & 36 months.

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Tenure/Amount
Monthly
Quarterly
Half-Yearly
Annually
1 Year
816
2,469
5,000
10,250
Rate
9.80%
9.88%
10.00%
10.25%
2 Years
835
2,527
5,118
10,500
Rate
10.03%
10.11%
10.24%
10.50%
3 Years
854
2,585
5,237
10,750
Rate
10.25%
10.34%
10.48%
10.75%

                                                               
* Note: Interest rates are subject to change from time to time without prior notice as per  

   Decision of “AVSK Finance” management. Excise Duty and Income Tax are applicable as

   per government laws.

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