Regulatory Alerts2020-12-20
Added · Updated
DMD Circular Letter No. 10: Amendment of Sanchaypatra Rules & Policy
The Government of Bangladesh sets a maximum combined investment limit of 50 lakh Taka for single names and 1 crore Taka for joint names for three specific savings schemes: 5-year Bangladesh Savings Certificates, 3-month profit-based Savings Certificates, and Family Savings Certificates. This order applies regardless of any previous provisions in the Sanchayapatra Rules, 1977, or the Family Savings Policy, 2009. The order is effective from the date of its issuance.
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