The Grameen Bank introduced a term deposit product named as 'Monthly Profit Scheme' in 2001;
The tenure of this scheme is 5 years;
Both Members and Non-Members of the bank can open this scheme;
Deposits are accepted in multiples of BDT 20000;
Depositors shall receive a guaranteed monthly income throughout the tenure and the initial deposit shall be returned to the depositor upon maturity of the scheme.
Required Documents
Two copies of passport-size photographs of the account holder/holders duly attested by the introducer.
One copy photograph of nominee duly attested by the account holder.
Proof of identification, such as National ID Card/Birth registration certificate.