Regulatory Alerts2025-01-16
Added
DMD Circular Letter No. 03: Profit Rate Refixation in National Savings Schemes
The document notifies the revised profit rates for National Savings Schemes for the January-June 2025 period, effective from January 1, 2025. Rates are determined in two tiers based on cumulative investment: 7.50 lakh BDT and below, and above 7.50 lakh BDT. Specific rates are prescribed for instruments such as the 5-Year Bangladesh Savings Certificate, 3-Month Profit-Based Savings Certificate, Pensioner Savings Certificate, Family Savings Certificate, and Post Office Savings Bank Fixed Deposit Account, while four other schemes retain their previous rates. The profit rate will be re-fixed again six months after issuance, though existing investments retain their original rates for their full tenure.
Topics
monetary
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