People are keeping money in public and private banks. Banks charge interest on customer deposits besides keeping their service charges. Customers often ask how much interest a bank gives on deposits. Therefore, a picture of the interest rate of deposits in state-owned banks is presented to the customers.
According to Bangladesh Bank’s September data, Sonali Bank is offering 2.88 percent interest on savings deposits to its customers. Apart from this, in case of Special Notice Deposit (SND) the bank is giving 2.42 percent interest if it is less than one crore rupees, 2.79 percent interest to 3.67 percent if it is one crore rupees to one hundred crore rupees or more. The bank is offering 6.08 percent interest to the customers in fixed deposits for less than 3 months to 6 months. Apart from this, 6.68 percent to 7.27 percent interest is being offered to the customers on term deposits from 6 months to three years or more.
Rupali Bank: 3 to 3.5 percent interest on savings deposits is being offered to customers. Apart from this, the bank is offering 2.50 percent interest for special notice deposits below one crore rupees, 3 percent to 4 percent interest for deposits from one crore rupees to one hundred crore rupees or more. The bank is giving 6.5% to 7.5% interest to the customers if they keep the deposit for less than 3 months to 6 months in fixed deposits. Apart from this, 6.75 percent to 8.5 percent interest is being offered to the customers on term deposits from 6 months to three years or more.
Janata Bank: 4 percent interest is offered to customers on savings deposits. Apart from this, in case of special notice deposits, the bank is offering 4 percent interest below one crore rupees, 4.25 percent to 6 percent interest for one crore to one hundred crore rupees or more. The bank is offering 8 and a half percent interest to the customers if the deposit is kept for less than 3 months to 6 months in fixed deposits. Apart from this, 8.75 percent to 9 percent interest is being offered to the customers on term deposits ranging from 6 months to two years. Bangladesh Development Bank (BDBL) is offering the same amount of interest that Janata Bank is giving to customers on their deposits.
Leading Banks: The bank paid 3 percent interest on customers’ savings accounts in September. Apart from this, the bank offers 3.62 percent interest on special notice deposits up to Tk 1 crore, 6 percent to 7 percent interest up to Tk 1 crore and Tk 100 crore. Apart from this, the bank offers interest of up to 8.5 percent on fixed deposits. Among them, 8.5 percent for term deposits from 3 months to 6, 8.62 percent for 6 months to less than one year, 8.5 percent for deposits from 1 to 3 years, 8.5 percent for deposits for 3 years or more. The bank gives 6.25 percent interest.
Basic Bank: In September, the bank offered 3.5 to 4.5 percent interest on savings deposits. Apart from this, in case of special notice deposits, the bank is giving 4 to 5 percent if it is less than one crore rupees, and the same interest if it is from one crore rupees to one hundred crore rupees or more. The bank is offering 7 percent to 9.25 percent interest to the customers in fixed deposits for less than 3 months to 6 months. Apart from this, 7.25 percent to 10.67 percent interest is being offered to the customers on term deposits from 6 months to three years or more.
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