“SIBL Driver Deposit Scheme” is a particularly designed product for the drivers. This scheme paves the way for the drivers to materialize their dreams of having a car of their own.

Specifications:

• Must be a citizen of Bangladesh and a minimum of 18 years old.
• Updated professional/non-professional driving license subject to verification.

Tenure: 5/7/10/12/15/20 years.

• Amount of Monthly Instalment: Monthly minimum deposit Tk.1000.00 and any amount multiple of Tk.1,000.00 (such as Tk.1,000.00, Tk.2,000.00, Tk. 5,000.00 etc.).

Investment Facility:

• Scheme holders can avail of investment facility for purchasing car.
• Scheme holders can avail of investment facility after 3 years of opening the account.
• Investment facility can be availed up to 90 percent of deposited amount.
• Bank’s investment policy will be applicable.

Other Facilities:

• Debit Card/Credit Card facility for the scheme holders.
• Beneficiaries of the scheme can avail 40 percent discount in SIBL Foundation Hospital & Diagnostic Center.

Other Specifications:

• A mudaraba savings account to be opened so that installment amount to be automatically deposited to the DPS account. No charge/fee applicable in this case.
• In case of encashment before 5 years, profits will be applicable as per Mudaraba Savings Account.
• Govt. Tax/duty will be deducted from the profit as per existing law and rules.