Principle

of
Finance
 |Topic|
A comparative study of deposit
products and interest rate of different
commercials bank in Bangladesh
 Group Member
Saifur Rahaman Saif-123200103
Rashedul Islam -132200064
Nadia Islam -113200106
Rasel Ahmed -132200054
Khairul Anam Uzzal -133200026
Khaza Shabber -133200032
Learning Objectives

Know about bank

Know about Commercial Bank

Different types of deposit products feature

Interest rate of Different Bank

Analyze Different interest rate

Introduction
Generally by the word Bank we can easily understand that the
financial institution deals with money. But there are different types
of bank like; Central Banks, Commercial Banks, Savings Banks,
Investment Banks, Industrial banks, Co-operative Banks, etc.

Commercial Banks are the primary contributor to the economy of a

country. So we can say Commercial Banks are a profit making
institution that holds the deposit of the individuals & business in
checking & saving account and then uses these funds to make loans
ONE Bank Limited
ONE Bank Limited was incorporated in May, 1999 With the
Registrar of Joint Stock Companies under the Companies Act. 1994,
as a commercial bank in the private sector.

OBL has real time on-line banking facility and has launched Visa
debit and credit card, ATM facility, E-Banking, Mobile banking etc.
 Vision Statement
To establish ONE Bank To constantly seek ways to
Limited as a Role Model in
the Banking Sector of
Bangladesh.
To meet the needs of our
Customers, Provide
fulfillment for our People
and create Shareholder
Value.
Mission Statement
better serve our Customers.
Be pro-active in fulfilling our
Social Responsibilities.
To review all business lines
regularly and develop the
Best Practices in the
industry.
One Bank
Deposit Products and interest Rate

Pyramid Savings: 5.00%

Elegant Savings: 4.50%
Quick Millionaire: 6.00%
NRB Savings Plus: 4.50%
Edusave: 6.50%
Marrysave: 6.50%
School Banking: 6.00%
Monthly Money Maker: 7.00%
 NCC Bank..
National Credit and Commerce Bank Limited (NCCBL) started its
journey in the financial sector of the country as an investment
company back in 1985.

Main share holders comprise leading industrialist and business

magnets of the country. The board of directors consists of 14
members. Most of the directors are owners of large of business
groups having high net worth

Public limited
VISION OF NCC BANK LIMITED

To become the Bank of choice in serving the Nation as a progressive and Socially
-supposable financial institution by bringing credit & commerce together for r
and sustainable growth.

MISSION OF NCC BANK LIMITED

To mobilize financial resources from within and abroad to contribute to
Floricultures, Industry & Socio-economic development of the country and to pay
catalytic role in the formation of capital market
Ncc Bank
Deposit Product
Current A/C

Savings Bank Deposit A/C

Special Notice deposit A/C

Special Savings Scheme

Special Deposit Scheme

Premium Term Deposit A/C

Instant Earnings Term Deposit

Money Double Program

Money Triple Program

 Ncc Bank
Deposit interest rate
Deposit Product Rates

Savings

Savings Bank Deposit A/C: 4.00%

Special Savings Scheme : 8.50%
Special Deposit Scheme: 8.50%
SND
Below Taka 1 (one) Crore: 3.50%
Taka 1 (One) Crore and above To below 25.00 Crore : 3.65%
Taka 25.00 Crore and above To below 50.00 Cror : 3.75%
Taka 50.00 Crore and above To below 100.00 Crore : 4.00%
Taka 100.00 Crore and above: 4.50%

Fixed Deposit
1 Month 4.75%
3 Months Up to 1.00 Crore 5.00%
Above 1.00 Crore to 30.00 crore & Above 30.00 crore 5.50% & 6.00%
6 Months Up to 1.00 crore 5.25%
Above 1.00 crore to 30.00 crore & Above 30.00 crore 5.75% & 6.25%
12 Months, Up to 1.00 crore 5.50%
Above 1.00 crore to 30.00 crore & Above 30.00 crore 6.00% & 6.50%
24 Months : Suspended until further instruction
Others
Premium Term Deposit for 2 Years (Suspended w.e.f 1st May, 2014 until further
instruction)

Instant Earning Term Deposit for 1 Years 1% below the prevailing FDR Rate-

Money Double Program. (Effective from 1st August, 2014) Tenure 8 years 6 months
 Prime Bank
The Premier Bank Limited is incorporated in Bangladesh as banking
company on June 10, 1999 under Companies Act.1994. Bangladesh
Bank, the central bank of Bangladesh, issued banking license on June
17, 1999 under Banking Companies Act.1991.

the Premiers Banks performance in terms of profitability,

maintaining superior asset quality have exceeded the
expectations

Authorized Capital : BDT 2000.00 Million

Paid up Capital : BDT 681.45 Million
Vision

The Bank has clear vision towards its ultimate destiny to be the best amongst
the top financial institutions

Mission

To be the most caring and customer friendly provider of financial services,

creating opportunities for more people in more places.
To ensure stability and sound growth whilst enhancing the value of
shareholders investments.
To aggressively adopt technology at all levels of operations to improve
efficiency and reduce cost per transaction.
To ensure a high level of transparency and ethical standards in all business
transacted by the Bank.
To provide congenial atmosphere which will attract competent work force who
will be proud and eager to work for the Bank.
To be socially responsible and strive to uplift the quality of life by making
effective contribution to national development.
 Prime bank
Deposit Product

Savings Account
Current Account
Corporate Account
Foreign Currency (FC) Account
Short Term Deposit Account
Fixed Deposit
Double Benefit Scheme
Monthly Income Scheme
Monthly Savings Scheme
 Prime Bank
Deposit interest rate
Saving Account 6.50%

Current Account ..

Corporate Account 6.50%

Foreign Currency (FC) Account ..

Short Term Deposit Account 7.00%

Fixed Deposit 12.25% - 12.50%

Double Benefit Scheme .

Monthly Income Scheme

Monthly Savings Scheme

 Rupali Bank
Rupali Bank Ltd. (RBL) was constituted with the merger of 3 (three)
erstwhile commercial banks i.e. Muslim Commercial Bank Ltd.,
Australasia Bank Ltd. And Standard Bank Ltd. Which operated in the
then Pakistan on March 26, 1972 under the Bangladesh Banks
(Nationalization) order 1972 (P.O. NO. 26 of 1972), with all their
assets, benefits, rights, powers, authorities, privileges, liabilities,
borrowings and obligations.

Rupali Bank worked as a nationalized commercial Bank till

December13, 1986. Rupali Bank Ltd. Emerged as the largest Public
Limited Banking Company of the country on December 14, 1986.
Rupali Bank Ltd.
 Rupali Bank
Deposit product
Nature of Deposit

Current Account

Savings Account

Term Deposit

Deposit Under different Scheme

Sundry Deposit AC

Foreign Currency Deposit

Vision of Rupali Bank Ltd:
To become a leading banking institution and to play a pivotal role in the
development of the country. The Bank is committed to satisfying diverse
needs of its customers through an array of products at a competitive price by
using appropriate technology and providing timely service so that a
sustainable growth, reasonable return and contribution to the development of
the country can be ensured with a motivated and professional work-force.

Mission of Rupali Bank Ltd:

To provide excellent quality customer service

To become a trusted repository for customers money and their financial

advisor

To display team spirit and professionalism

To have a sound capital base

 Rupali Bank
Deposit Interest rate
SL No. Types of Deposit Interest Rate per annum

1. Savings Deposit 4.50%

2. Short Notice Deposit 3.50%

3. Time Deposits

a) 3 months & above but less than 6

months

b) 6 months & above but less than 1 year

7.50%
c) 1 year & above but less than 2 years
7.75%
d) 2 years & above but less than 3 years 8.00%

8.50%

4. Deposit From foreign Remittance 6.00%

5. Rupali Bank Deposit Pension-Scheme 2 6.50%

 National Bank

National Bank is the dynamic first generation bank established in

1983 focusing on technology and service. The then President of
the Peoples Republic of Bangladesh Justice Ahsanuddin
Chowdhury inaugurated the bank formally on March 28, 1983 but
the first branch at 48, Dilkusha Commercial Area, Dhaka started
commercial operation on March 23, 1983.

National Bank Limited has its prosperous past, glorious present,

prospective future and under processing projects and activities.

During 2015, the bank handled inward remittance of Tk.

59,145.30 million, 14.73 percent higher than that of the previous
year.
 Vision

Ensuring highest standard of clientele services through best

application of latest information technology, making due
contribution to the national economy and establishing ourselves
firmly at home and abroad as a front ranking bank of the country
are our cherished vision.

Mission

Efforts for expansion of our activities at home and abroad by

adding new dimensions to our banking services are being continued
unabated. Winning an everlasting seat in the hearts of the people as
a caring companion in uplifting the national economic standard
through continuous up gradation and diversification of our clientele
services in line with national and international requirements is the
desired goal we want to reach.
National Bank
Deposit product
1. Savings Deposit

2. Current Deposit

3. Term Deposit

4. Foreign Currency Deposit

5. Monthly Savings Scheme

6. Monthly Income Scheme

7. Serious Savers Account

8. School Banking
 National Bank
Deposit interset rate
Revised rate of interest (p.a.)

SL. Category Of Deposit w.e.f July 01, 2011 (%)

Below 1.00 Crore 4.00

1 Crore to below 25 Crore 4.50

25 Crore & above 8.50

1 Savings 100 crore & above 9.00

Below 1.00 Crore 4.00

1 Crore to below 25 Crore 7.00

25 Crore to below 50 Crore 7.50

50 Crore to below 100 Crore 7.75

2 Special Notice Deposit 100 Crore & above 9.00

10.50

3 FDR for 1 month & above but less than 3 months Any amount Up to 12.00

11.00

4 FDR for 3 months & above but less than 6 months Any amount Up to 12.00

11.00

5 FDR for 6 months & above but less than 1 year Any amount Up to 12.00

6 FDR for 1 year and above Any amount Up to 12.00

 Mutual trust Bank
Mutual Trust Bank Ltd. started its commercial operation from October
1999 as a scheduled bank obtaining license from Bangladesh Bank under
Bank Company Act1991.

Its a 3rdGeneration private commercial bank in Bangladesh.

 Vision

Mutual Trust Banks vision is based on a philosophy known as

MTB. We envision MTB to be:
One of the best performing banks in Bangladesh
The bank of choice
A truly world-class bank

Mission

We aspire to be the most admired financial institution in the

country, recognized as a dynamic, innovative and client focused
company, that offers an array of products and services in the
search for excellence and to create an impressive economic
value.
Mutual Trust Bank
Deposit product

Regular Savings Account

Current Account
Fixed Deposit
MTB Double Saver
Monthly Benefit Plan
Brick by Brick
MTB Education Plan
MTB Millionaire Plan
 Mutual Trust Bank
Deposit interest rate
Regular Savings Account 5.00%
Current Account 5.25%

Fixed Deposit 8.75%

MTB Double Saver

Monthly Benefit Plan 5.00%

Brick by Birck 6.75%

MTB Education Plan 6.85%

MTB Millionaire Plan

 Findings
From the observation of various deposit accounts we find that the amount
as well as the number of accounts is increasing dramatically day by day.
The most accounts are decrease due to some reasons like rate of interest,
account opening is low etc.
We can see the performance of monthly savings scheme is very good than
other deposit accounts. Other accounts like savings & short term deposit
accounts are also appreciated.
The banks should give more emphasize on these matters like provide
education loan, micro credit loans, reduce the amount of securities against
loans, the rate of interest should decrease etc.
The customers of NBL is satisfied with the banks services but they want
some improvement in the sectors which is already mentioned in the above.
Their service level than the banks can earn more profit & more customers
satisfaction.
 Recommendation

Those banks should give more freedom to their branches for

taking decisions and their head office should take decision
more quickly.
6 banks of our report should build separate deposit recovery
division if it happed then their classified loan amount will
reduce and they can invest more.
The Banks transaction is made by advice but it is unsecured
for bank so they can build net working system between
branches and head office
 Conclusion
Every organization must have a goal and to achieve that goal
organization must fix its vision and mission. As the banks are
providing same services and features so it becomes very
difficult for a financial institution to create competitive
advantage and to provide superior and quality products to
customers. Customers will remain with the bank if service
quality is superior in every brunch. Every single and silly
mistake can spoil their business.