TARA Flexi DPS

Plan your future ahead of time with a peace of mind when you open TARA Flexi DPS with us!

TARA Flexi DPS is a monthly savings scheme with a tenor 1-5 years which can be opened with monthly instalment BDT 500 or multiples of BDT 500. It is rewarding and simple to maintain and is designed for people who wish to build up on their savings. This account grows over days and is free from any monthly management fees!

Tenure in Years Interest Rate
1 4%
2 5%
3 6%
4 6.5%
5 6.5%

 

Benefits:

  1. BRAC Bank is a AA1 rated Bank which offers Savings Scheme as your DPS .
  2. In just five years times interest rate as high as 6.5% is applicable for your savings with us in TARA Flexi DPS.
  3. Over Draft facility with up to 95% of savings amount for DPS more than 1 year tenure.
  4. Credit Card facility with up to 95% of savings amount for DPS with maturity value BDT 60,000/- and above and more than 1 year Tenure.
  5. Any TARA customer with a TARA Flexi DPS opened for more than one year with monthly instalment amount TK2000 and above is eligible for a TARA Platinum Credit Card with a minimum limit of BDT 50,000 maximum 500,000/-
  6. In case of early encashment, interest rate for the nearest tenure completed will be applicable.
  7. A Savings account with only BDT 1000 can be opened to start the DPS.
  8. Minimum amount required to open TARA Flexi DPs in only BDT 500 monthly.
  9. Welcome voucher of Lifestyle, Health and Beauty is applicable with the account opening.
  10. TARA Debit card with first year annual fee absolutely free with the account.
  11. Enjoy the facility of auto transfer with your account to the TARA Flexi DPS of your month installment amount.

 

TARA Flexi Deposit Premium Scheme It is a monthly savings scheme especially designed for women customers.

Guest segment

Woman Banking Customers

Nationality: Bangladeshi

Mini mum opening amount

BDT 500 or multiples of BDT 500

Maximum amount

No upper ceiling

Mode of Operation

Singly/Jointly/Either or Survivor

Age

18 years and above

Guest segment

(Restrictions)

Foreign Nationals (i.e. Country of Origin is not Bangladesh)

Link account

A savings or current account is required to open the TARA Flexi DPS.

Currency

Bangladeshi Taka

Interest feature

Interest will be higher than that of Regular Flexi DPS

Relationship Fee

  • Nill

Secured Loan facility

After the monthly installments are regularly paid for 1 years (and the facility size not less than BDT 60,000), the account holder is eligible to apply for overdraft/term loan against the deposited amount upon fulfillment of the terms and conditions applicable for Retail Cash Secured facility of the Bank

Available Tenors

1/2/3/4/5 years only. (short tenors for customer’s convenience)

Fast Track Services

  • Internet Banking
  • Call Center
  • SMS Banking
  • e-Statment
  • ATM facility
Minimum amount 500 and its multiples
Maximum amount No upper ceiling
Penal Charge Penal charges will be calculated at a rate of 10% of each late / missed installment(s) amount.

 

Term Deposit Opening Form | Tara Digital Health Consent Form