Deposit should be made by A/C payee cheque in favor of "Delta Brac Housing Finance Corporation Ltd.". Please note that DBH does not receive any cash amount from client for any purpose.
Deposit should be made by A/C payee cheque in favor of "Delta Brac Housing Finance Corporation Ltd.".
Please note that DBH does not receive or give any cash amount from client for any purpose.
A properly filled-up deposit application form should accompany the deposit cheque along with other required documents.
Deposit normally will be made from depositor’s bank account and the interest or principal will also be transferred to that account through Bangladesh Electronic Fund Transfer Network (BEFTN) system.
The depositor is required to return his/her original deposit certificate to DBH with required signatures to en-cash his/her deposit.
Payments will be made in favor of his/her bank account as per DBH record through Bangladesh Electronic Fund Transfer Network (BEFTN) system.
Premature encashment may be allowed only after completion of 03 (three) months of the deposit. In such cases, the rate of return will be calculated at 2% lower than the contract rate, except Easy Deposit.
Deposit will be automatically renewed with accrued interest from the date of maturity at the then prevailing rate of return unless otherwise advised.
Tax on profit and Excise Duty will be applicable as per government rules and regulations. Any other charges imposed by government, regulator of any other relevant authority from time to time will also be applicable.
Depositor can repay the loan anytime. At the time of repayment, interest amount would be adjusted first and the remaining balance would be adjusted with the principal amount. Loan amount and interest would be adjusted with the deposit maturity value if repayment is not made before maturity .
For individual clients the following documents are required to be submitted along with the deposit application form. Generally, these documents are needed to be submitted once if you even maintain multiple deposits with DBH.
# For existing client required only application form and cheque and nominee pic (if required)
For corporate clients following documents are needed:
# For existing client required only application form and cheque and forwarding letter.
DBH deposits are not transferable.
DBH deserves the right to change the terms and conditions mentioned above without prior notice to customers.