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Last updated: 26th June 2022

Development Bank Shanchaya Scheme

Development Bank Shanchaya Scheme (DBSS) Account is a time specified monthly deposit scheme for clients where the deposited money will become one million on maturity.
=>Features and Benefits
    =>Tenor: 05 years term;
    =>Deposit on monthly installment basis(between 1 to 7 day of month);
    =>Deposit Amount: Tk.500.00 or its multiple
    =>Attractive rate of interest;
    =>Account can be opened at any working day of the month;
    =>Monthly installment can be deposited through a standing debit instruction from the designated CD/SB Account;
    =>Monthly installment can be deposited in advance;
    =>An account can be transferred from one branch to another branch of the bank;
    =>Credit facility for maximum of 1 years can be availed at any time during the period of the scheme;
    =>Allowed to open more than one Scheme Account for different amount at any branch of the Bank;
    =>DBSS Account can be opened both for Individual and Corporate bodies.
    =>Only Resident Bangladeshi National is allowed to open MDS Account.
    =>Age bar for opening of Personal DBSS Account: 18 years or above.
    =>Single/Joint account can be opened.
    =>Account can be opened in the name of minor. In that case his/her legal guardian will operate the account.
Applicants must satisfy the following documentation requirements:
        =>Photocopy of Citizenship Certificate / Passport/ National I.D. Card / Driving License.
        =>Three copies of recent passport size photograph duly attested by the introducer.
        =>Two Copies of recent Passport size photograph duly attested by account holder.
        =>TIN Certificate.
        =>Cheque on Self or Cash deposit;
        =>Single/Joint A/C can be opened.
        =>Fees and Charges: As per existing schedule of charges which is separately displayed/shown in web site.

Contact any one of our branches.

Condition: Government tax and excise duty are applicable.

Please refer to our Forms and Documents for the Application Form and required documents

For more information on our other products, please contact our any Branch.