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| Pension Savings Scheme (PSS) |
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IFIC Bank is pleased to offer 3(three) / 5(five) Years Monthly Savings plan with higher return and monthly pension option at maturity. Monthly Installment option and Payment after maturity, now being offered under the scheme, are as under: |
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| Monthly Instalment |
3 years Terms |
5 years Terms |
| Amount payable After maturity |
Amount payable After maturity |
| Tk. 500 |
Tk. 20,781 |
Tk. 38,134 |
| Tk. 1,000 |
Tk. 41,562 |
Tk. 76,268 |
| Tk. 2,000 |
Tk. 83,125 |
Tk. 1,52,536 |
| Tk. 3,000 |
Tk. 1,24,687 |
Tk. 2,28,804 |
| Tk. 5,000 |
Tk. 2,07,812 |
Tk. 3,81,340 |
| Tk.10,000 |
Tk. 4,15,624 |
Tk. 7,62,680 |
| Tk.15,000 |
Tk. 6,23,435 |
Tk. 11,44,020 |
| Tk.20,000 |
Tk. 8,31,247 |
Tk. 15,25,360 |
| Tk.25,000 |
Tk. 10,39,059 |
Tk. 19,06,699 |
| Tk.50,000 |
Tk. 20,78,118 |
Tk. 38,13,399 |
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You can receive full payment at maturity or option for a pension on monthly basis to meet your needs. |
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The scheme entitles you to have Income Tax Rebate to make your savings even more valuable. |
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| Income Tax Rebate |
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Monthly installments of our PSS will qualify as allowable investment in Yearly Income Tax Return. The account under this scheme will also be exempted from deduction of tax on interest payable at source. However, If any tax or other Govt. Levy is payable under this Scheme in future the same shall be deducted from the account. |
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| Credit facilities |
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The A/c holder can avail loan / Secured Overdraft (maximum 80% of the deposited principal amount but not less than Tk.20,000/-) against lien of the PSS account to meet the personal need, educational expenses of his/her children or for medical treatment. |
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| Deposit Product |
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IFIC Bank offers a wide variety of deposit products to meet your financial needs. From current and savings accounts to Fixed Deposits and Pension Schemes each account is designed to give you the best value for your money. |
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Application Form
Download |
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| Contact Us |
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| For more information |
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| Please feel free to contact your nearest IFIC Bank Branch |
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