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Term Deposit Scheme
MIDAS Financing Limited (MFL) is financial institution licensed by Bangladesh Bank under the Financial Institutions Act 1993. It is providing opportunities to the investors to make their money double/ triple within a stipulated period of time
The depositors will get return on investment on completion of the term/period of the deposit.
The rate of return for different periods are as follows:
Scheme Tenor Retail Rate Corporate Rate
TDR 3 Months 8.25% 8.00%
6 Month 8.75% 8.50%
12 Month 9.00% 8.75%
24 Month 9.00% 8.75%
36 Month 9.00% 8.75%
The minimum period of deposit is 3 months for both institutional and individual investors as per guidelines of Bangladesh Bank.
Transaction should be made through A/C payee cheque/Payment Order as per guidelines of Bangladesh Bank
Premature encashment may be made after 3 months. In this case the depositor will get 3% less than offered rate
Credit Facility
The investors may avail loan up to 90% of the deposit amount.
Tax will be deducted at source as per income Tax regulations.
Why will you invest under these schemes?
To invest money in a secured and profitable scheme.
To increase your idle money.
To save your money which is going to be spent unnecessarily.
To fulfill your objective with the increased money under any of the scheme.
To increase national savings for investment.
To build up the better future for your children and so on.
Features of our services
Providing service in fair and friendly environment
Maintaining easy term and conditions
100% compliance of the term and conditions relating to the schemes
Prompt repayment on completion of the duration of the schemes and so on
Necessary Documents
Photograph of applicant.
Photograph of nominee attested by applicant.
NID of both applicant & nominee.
Professional ID of applicant.
Documents related to declaration of source of fund.
Contract Person
Md. Niaz Uddin Ahmed
Manager
MIDAS Financing Limited.
House # 05, Road # 16(new)
Dhanmondi R/A,Dhaka-1205
Mobile-01970450764

Zunaid Bin Islam
Head of Liability Operations
MIDAS Financing Limited.
House # 05, Road # 16(new)
Dhanmondi R/A,Dhaka-1205
Mobile-01819111643
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