|
Year
|
Monthly Installment
|
Maturity Amount
|
|
2
|
37,420
|
1,000,000
|
|
3
|
23,665
|
1,000,000
|
|
4
|
16,820
|
1,000,000
|
|
5
|
12,585
|
1,000,000
|
|
7
|
7,995
|
1,000,000
|
|
8
|
6,590
|
1,000,000
|
|
10
|
4,662
|
1,000,000
|
|
12
|
3,425
|
1,000,000
|
|
15
|
2,253
|
1,000,000
|
|
|
| Terms and conditions |
|
 |
The amount of monthly deposit is to be made within 30 day of every month; |
|
|
In case of default of monthly deposit in any month, deposit may be made with the deposit of the following month; |
|
|
In case of default of monthly installment thrice during the deposit term, the scheme will be closed automatically and the principal amount along interest as per MFL’s policy may be withdrawn after 1 year; |
|
|
Closed Account may be reopened subject to approval of management by paying previous installments and interest at a time. |
|
|
Tax and Excise Duty will be deducted as per regulations. |
|
| Credit Facility |
|
|
Maximum 80.00% loan may be allowed against the deposited amount after 3 years at 3.00% higher than the deposit rate. |
|
|
Loan amount should be at least Tk.50,000.00. |
|
| 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. |
