Which bank is the best for DPS in Bangladesh?
Prime Bank Limited
Prime Bank Limited It offers to have the best competitive rate of interest on the monthly installment based saving scheme(DPS).
What is DPS in bank?
DPS is an installment based savings deposit (on monthly basis) for individual customer. In this account a customer deposit a certain amount of money for a certain period. And on maturity an agreed amount will be paid to the customer.
What is the interest rate for savings account in Bangladesh?
Name of the Banks | Savings Deposit | Fixed Deposit |
---|---|---|
3 years and above | ||
DHAKA | 3.25 | 6.21 |
DUTCH-BANGLA | 0.50-2.00 | 3.00-3.50 |
EBL | 2.00 | 2.75-3.00 |
Which bank is best interest rate?
Fixed Deposit Interest Rates by Different Banks
Bank | Tenure | Interest Rates for General Citizens (per annum) |
---|---|---|
ICICI | 7 days to 10 years | 2.50% to 5.50% |
Punjab National Bank | 7 days to 10 years | 2.90% to 5.25% |
HDFC Bank | 7 days to 10 years | 2.50% to 5.50% |
Axis Bank | 7 days to 10 years | 2.50% to 5.75% |
Which bank pays highest interest on deposit?
Best FD Rates in India among Top 10 Banks
- Axis Bank offers the highest FD interest rate of 5.75% p.a. which is for a tenure of 5 years and above for the general public.
- The second highest interest rate is 5.50% p.a. which is offered by ICICI Bank and HDFC Bank for a tenure of 5 years and above.
Which bank is best for monthly deposit?
Best Recurring Deposit Interest Rates 2020
Bank | Rate of Interest (Regular Individuals)* | Deposit Tenure (for deposits up to Rs. 2 years) |
---|---|---|
Yes Bank | 7.75% | 24 months |
Axis Bank | 7.00% | 2 years < 30 months |
HDFC Bank | 6.85% | 27 months |
Canara Bank | 6.50% | 1 year |
Which bank is giving highest interest on savings account?
Savings Bank Account Interest Rates of Banks
Name of Bank | Rates of Interest (p.a.) |
---|---|
Axis Bank Savings Account | 3.00% p.a. to 3.50% p.a. |
IndusInd Bank Savings Account | 4.00% p.a. to 6.00% p.a. |
DCB Bank Savings Account | 3.25% p.a. |
RBL Bank Savings Account | 6.25% |
Is it better to have interest paid monthly or at maturity?
If you need a regular boost to your everyday budget, monthly interest might be the right choice for you, but if you’re just looking for higher interest, being paid at maturity might be better.
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