Janata Bank launches new deposit scheme

Janata Bank PLC has launched a deposit scheme titled ‘Janata Bank Deposit Pension Scheme-JBDPS’.

Managing Director Md. Golam Mortuza inaugurated the new scheme on Sunday, according to a press release.

Under the scheme, customers can have their deposit of Tk 500 to 25,000 monthly deposited in five to ten years at 10 per cent profit.

If the depositor dies before the scheme matures, his or her nominee can maintain the account until the date of the scheme’s maturity.