Regulatory Alerts2025-01-21
Added
DMD Circular Letter No. 04: Regarding Amendment in Family Saving Certificate Policy
The Ministry of Finance replaces Article 3 of the Family Saving Certificate Policy, 2009, to restrict eligibility for purchasing single-name certificates exclusively to Bangladeshi women aged 18 or older, any physically disabled Bangladeshi individuals regardless of gender, and senior Bangladeshi men aged 65 or older, with a maximum purchase limit of 45 lakh Taka per individual. The amendment explicitly prohibits joint purchases and the investment of institutional funds, while simultaneously cancelling the previous notification dated September 11, 2012. This order is effective immediately in the public interest.
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