TERM DEPOSIT SCHEMES
Meridian Finance is offering a wide variety of Term Deposit Products to meet your needs. Under these schemes, your money is deposited for a fixed period and interest is capitalized with the principal at the maturity of tenure.
Features:
- Attractive Rate of return
- Short & Long term savings facility
- Auto renewal facility
- Overdraft facility up to 80% of deposit amount instantly
- Online fund transfer facility
- Special Rate for Senior Citizen & Women depositors
- Deposit offerings for Individual & Corporate segment
- Dedicated relationship manager
Short Term Deposit
Under this scheme, depositors receives interest against deposited amount on maturity for different convenient tenures ranging from 3 to 12 Months.
Features-
- Customized short term investment plan for Individual & Corporate
- Competitive rate of return and highest level of safety
- Minimum deposit balance is BDT 50,000/-
- Tenure from 3 to 12 Months
- Auto renewal option
Long Term Deposit
Under this scheme Depositors receives interest on maturity of the Deposit for different convenient Tenures up to 60 months.
Features-
- Customized solution for long term investment
- Competitive rate of return and highest level of safety
- Minimum deposit balance is BDT 50,000/-
- Tenure: 500 Days, 13, 24, 36, 48, 60 Months
- Auto renewal option
Double/ Triple Money Deposit
Under this scheme Depositors may place their fund for long term savings purpose and multiply the amount in to double or triple with interest plus principal deposit amount.
Features-
- Customized solution for long term investment
- Competitive rate of return and highest level of safety
- Minimum deposit amount is BDT 50,000/-
- Tenure as per declaration by Meridian Finance
REGULAR EARNER SCHEMES
Monthly Earner Deposit
Customers are eligible for receiving interest on monthly basis for the entire tenure and the principal will be automatically renewed on maturity.
Features-
- Interest earning on monthly basis
- Competitive rate of return and highest level of safety
- Opportunity to reinvest the interest amount
- Minimum deposit Amount is BDT 500,000/-
- Tenure: 6 & 9 months, 1 to 5 years
Quarterly Earner Deposit
Depositors may place their fund for receiving quarterly interest for the entire tenure and the principal is automatically renewed at maturity.
Features-
- Interest earning on Quarterly basis
- Competitive rate of return and highest level of safety
- Opportunity to reinvest the interest amount
- Minimum deposit balance is BDT 500,000/-
- Tenure: 9 months, 1 – 5 years
**Excise duty and Advance Income Tax are deductible from profit amount as per Government rules.