DMD Circular Letter No. 02: Regarding Policy Amendments in National Savings Schemes

50119

Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Bangladesh.

Data Management Department

DMD Circular Letter No. 02/2025
Date: 25 Poush, 1431
09 January, 2025

Managing Director/Chief Executive Officer
All Scheduled Banks Operating in Bangladesh
(Excluding Shariah-based Banks)

Dear Sir,

Regarding the amendment to the Family Savings Policy, 2009.

This is to inform you that the notification No. 08.00.0000.041.22.006.20.1 dated 06 January, 2025, issued by the Internal Resources Division of the Ministry of Finance, Government of the People's Republic of Bangladesh, concerning the amendment to the Family Savings Policy, 2009, is enclosed herewith for your information and necessary action.

Yours faithfully,

(Tahmina Jaman)
Director (DMD) (On Additional Charge)
Phone: 9530617

Phone: 88-02-9550848, 9554896, IP: 88-02-55865001-6, Fax: 88-02-9530479, www.bb.org.bd

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(Replaced on the same date and reference)
Government of the People's Republic of Bangladesh Ministry of Finance Internal Resources Division Savings Branch www.ird.gov.bd

Number: 08.00.0000.041.22.006.20.1
Date: 22 Poush 1431 Bangabda
6 January 2025 CE

Notification

Notwithstanding anything contained in Rule-3 of the Family Savings Policy, 2009 regarding 'Eligibility for Purchase of Savings Certificate', the Government hereby withdraws the existing condition of '65 years and above age' for the purchase of 'Family Savings Certificate' in the name of the male members of the families of martyrs from the July Mass Uprising, who are to be provided 'Family Savings Certificate' as government assistance.

2. Simultaneously, notwithstanding anything contained in Section-264 of the Income Tax Act, 2023 regarding the 'compulsion to submit proof of filing income tax return' for the purchase of savings certificate, the Government hereby withdraws the existing condition of compulsion to submit proof of filing return for the purchase of savings certificate for the said amount of money for the members of the families of martyrs from the July Mass Uprising, who are to be provided 'Family Savings Certificate' for the amount of money as government assistance.

3. This order, issued in the public interest, shall come into force immediately.

By Order of the President,

06-01-2025
Mokima Begum
Deputy Secretary mokima.begum@ird.gov.bd

Number: 08.00.0000.041.22.006.20.1/1 (16)
Date: 22 Poush 1431 Bangabda
6 January 2025 CE

Copies are forwarded for information and necessary action (not in order of seniority):

1. Secretary to the Cabinet, Cabinet Division / Chief Secretary to the Chief Adviser, Office of the Chief Adviser.
2. Governor, Bangladesh Bank, Head Office, Dhaka.
3. Secretary, Finance Division, Ministry of Finance, Bangladesh Secretariat, Dhaka.
4. Secretary, Financial Institutions Division, Ministry of Finance, Bangladesh Secretariat, Dhaka.
5. Secretary, Ministry of Information, Bangladesh Secretariat, Dhaka.
6. Secretary, Post and Telecommunications Division, Bangladesh Secretariat, Dhaka.
7. Secretary, Ministry of Liberation War Affairs, Bangladesh Secretariat, Dhaka.
8. Director General, Department of Posts, Dhaka.

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9. Director General, National Savings Directorate, Dhaka.
10. Director, National Program (Additional Secretary), Strengthening Public Financial Management to Enable Service Delivery (SPFMS), Finance Division, Ministry of Finance, Dhaka.
11. Director, Data Management Department, Bangladesh Bank, Head Office, Dhaka.
12. Personal Secretary to the Secretary, Internal Resources Division, Ministry of Finance, Dhaka.
13. Deputy Director, Bangladesh Forms and Publications Office, Tejgaon, Dhaka (It is requested to print the notification in the next Gazette and send 1000 (one thousand) copies of the said Gazette to the undersigned).
14. Chief Accounts and Finance Officer, Office of the Chief Accounts and Finance Officer, Internal Resources Division, Segunbagicha, Dhaka.
15. Assistant Programmer, ICT Branch, Internal Resources Division, Dhaka (with request to upload on the website of this division).
16. Personal Assistant to the Joint Secretary (Savings), Internal Resources Division, Dhaka.

06-01-2025
Mokima Begum
Deputy Secretary