BRAC Bank Half Yearly Earnings Disclosure - H1' 2017

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Fixed Deposit General
Fixed Deposit General is a non-transactional account that gives interest and principal at maturity. Minimum amount required to open the General FD account is BDT 10,000. FD General can be opened for 1/3/6/12/24/36 months. Interest is paid on maturity, calculated on 360 days, as per the Interest Rate Matrix. This account is available on a roll over basis until the customer confirms its closure. As per prevailing Bangladesh Bank guideline Government Tax/Excise Duty shall apply to the interest amount
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