2020-12-20
Added · Updated
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.
50119
Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh.
Data Management Department
05 Poush, 1427 Bangla Ref: DMD Circular Letter No- 10 Date: ----------------------- 20 December, 2020
Chief Executive Officers All Scheduled Banks operating in Bangladesh.
Dear Sir,
Regarding the amendment of the National Savings Rules and Policies.
In this regard, the Notification No- 08.00.0000.041.22.003.97 (Part).78 dated 03/12/2020 of the Internal Resources Division, Ministry of Finance, Government of the People's Republic of Bangladesh is being sent herewith for your information and necessary action.
Yours faithfully,
Attachment: 01 (One) page.
(Rup Ratan Pain) General Manager Phone: 9530131
Phone: 88-02-9550448, 9554896, IP: 88-02-55665001-6, Fax: 88-02-9530479, www.bb.org.bd
Government of the People's Republic of Bangladesh Internal Resources Division Ministry of Finance Savings Branch-1 www.ird.gov.bd
No-08.00.0000.041.22.003.97 (Part).78 Date: 18 Agrahayan 1427 03 December 2020
Notification
Notwithstanding anything contained in the Sanchayapatra Rules, 1977 and the Family Savings Policy, 2009 regarding the upper limit of investment, the Government has determined a maximum combined investment limit of 50 (Fifty) Lakh Taka in a single name or 1 (One) Crore Taka in a joint name against three schemes: 5-year Bangladesh Savings Certificate, 3-month profit-based Savings Certificate, and Family Savings Certificate.
By Order of the President
Signed/- (Nusrat Jahan Nishu) Senior Assistant Secretary
No-08.00.0000.041.22.003.97 (Part).78/1(15) Date: 18 Agrahayan 1427 03 December 2020
Copies are sent for your kind information and necessary action (not in order of seniority):
Signed/- (Nusrat Jahan Nishu) Senior Assistant Secretary
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