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Interest First Fixed Deposit (IFFD)
Interest First Fixed Deposit is a non-transactional account that a customer uses for interest earning in advance and savings purposes. The unique feature of this product is that interest is given upfront, at the time of opening the fixed deposit. Minimum amount required to open an IFFD account is BDT 10,000. IFFD can be opened for 3/6/12 months. Interest (after the adjustments of Government tax as per prevailing Bangladesh bank Guideline on the interest amount) is immediately transferred to the link account, as per the Interest Rate Matrix.
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