10 Best Saving Accounts In Bangladesh
A savings account is a retail bank bank product. Different banks offer different Common features include a limited number of withdrawals, a lack of cheque and linked debit card facilities, limited transfer options and the inability to be overdrawn. A Savings Account is a virtual vault that holds your money. However, unlike a Fixed Deposit, you can access this money whenever required. But that’s just a small aspect of why having a Savings Account is important.
A savings account is a good place to keep money for a later date, separate from everyday spending cash, because of their safety, reliability. These accounts are a great place for your emergency funder ‘
” savings for shorter -term goals, like a vacation or home repair.
Savings accounts often offer higher interest rates than checking accounts. You might even find some savings accounts with a higher APY than money market accounts. The average APY on savings accounts is just 0.06 percent, but you can find high-yield savings accounts paying around 0.6 percent
Best Saving Accounts in Bangladesh
Percentage Rate of savings Bank Accounts in Bangladesh:
>Dutch Bangla Bank percentage points Below BDT 5 Lac BDT 5 Lac to BDT 15 Lac BDT 15 Lac 50% 1.00% 1.50%
>National Bank Interest rates of 6.33% p.a. for amount below Tk. 10.00 lac and 6.50% p.a. for amount of Tk. 10.00 lac & above 0.45 percentage points, Janata Bank 1.36 percentage points
>Janata Bank Deposit Interest Rate Recurring Above 36 Months to 60 Months. 6.00. 6.25 ; Recurring Above 60 Months, 6.00, 6.50 ; Saving deposit 3 lakhs.
>Sonali Bank Year or above but less than 2 years, 8.00% ; 2 Years or above but maximum 3 years, 8.25% ; Sonali Bank Limited give prime interest rates for corporate clients.
>Southeast Bank 1.91 percentage points The interest rate for the 12-month CD Special is 3.95% with a corresponding APY of 4.01%. The APY assumes interest remains on deposit until maturity.
>Rupali bank Interest Rate: 5.25%-6.00% Compounding , Monthly Installment Based Deposit Schem Monthly Installment system Maturity: 03 years (5.25%), 05 years (5.50%) and 08 years (6.00%)
>Islami Bank Savings Rate Provisional Profit Rate Deposit Mudaraba Monthly Profit Deposit Scheme. 5 years. 6.25%. Unchanged