Pensioner Sanchayapatra

DOWNLOAD FORM

Denomination: Tk.50,000/-, Tk.1,00,000/-, Tk.2,00,000/-, Tk.5,00,000/- & Tk.10,00,000/-.

Eligibility to purchase:  Retired officials of Government, Semi-government, Autonomous, Semi-autonomous bodies, Retired Honorable Judges of Supreme Court, retired officials of arm forces.

From where can be purchased: National Savings Bureaus, Branches of Bangladesh Bank & Schedule Banks and Post offices.

Duration: 5 years

Permissible limit: 50 lac earned from Gratuity and Provident Fund

Rate of Profit: 11.76% (on maturity) 

Table-1: Rate of profit

Time Period	Rate of Profit	Total Rate
On completion of 1st year	9.70%	9.70%
On completion of 2nd year	10.15%	10.15%
On completion of 3rd year	10.65%	10.65%
On completion of 4th year	11.20%	11.20%
On completion of 5th year	11.76%	11.76%

 

Table-2: Denomination-wise profit:

3-monthly Profit amount (Taka)
Investment Amount(Taka)	Amount of profit
a)           50,000.00	1470.00
b)         100,000.00	2940.00
c)         200,000.00	5880.00
d)          500,000.00	14700.00
e)       10,00,000.00	29400.00

 

 

*Profit on which source tax deduction is applicable;

N.B: In case of premature encashment, profit will be paid by yearly basis and the excess paid amount will be adjusted from principal amount.

Other features:

• After every three month profit may be drawn.
• Nominee can be appointed.
• Duplicate sanchayapatra may be issued in case of lost, damaged, destroyed.
• No profit is payable if it is encashed before one year. Excess profit drawn it will be adjusted from the principal amount.
• Sanchayapatra may be transferred from one issuing office to another of the similar type of institution.
•  Source tax may be imposed by government.
• At the time of purchase it will be compulsory to show and entry the National Identity Card number/passport number/birth certificate number in the purchase form.
• Social Security Premium (SSP) will be applicable only for mature redemption.