EBL Millionaire Scheme
Being a millionaire is that simple EBL Millionaire Scheme is a monthly DPS with flexible long term tenure that gives you maturity Value of BDT 1 (one) million-with monthly installments as low as BDT 1,500.
Best for you if you
- Want to go for mid to long term savings
- Want attractive Rate
- Want to be a millionaire after a fixed tenure
Features
- Can be opened in any EBL Branches & Online
- Choose from six different tenures- from 3 to 15 years
- One Person can open More than one "EBL Millionaire Scheme"
- Reduced monthly installments
- Automatic realization of monthly installments
- Maximum 90% Loan facility against EBL Millionaire Scheme
- In case of Early encashment, Interest forfeiture will be as below:
- Closed Before One Year – No Interest will be provided
- Closed After one Year but before three Year- Interest at prevailing Savings Rate
- Closed After 3 Years- 2% less than EBL Millionaire Rate
The below Maturity Value Table shows the different installment amounts on available tenures:
Product Name |
EBL Millionaire |
|||
Year |
Initial Amount |
Maturity Amount |
||
- |
50,000 |
100,000 |
||
3 |
23,800 |
22,200 |
20,600 |
1,000,000 |
5 |
12,900 |
11,800 |
10,700 |
|
7 |
8,400 |
7,600 |
6,800 |
|
10 |
5,000 |
4,400 |
3,700 |
|
12 |
3,800 |
3,200 |
2,600 |
|
15 |
2,600 |
2,000 |
1,500 |
Note:
- Maturity value is subject to proper and regular payment of the prescribed monthly installments
- Maturity Amount showed here is subject to income tax and/or other levies.
Eligibility
- Minimum Age: 18 years
- Citizen of Bangladesh