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Retirement Savings Plan
Proper planning today holds the key to a better tomorrow. Rewrite your future with My future savings plans.
You wish to retire someday and live a peaceful and happy life. However, circumstances may prevent you from getting your wish fulfilled. Plan your future now with the Retirement Savings Plan from HSBC and support yourself during your old age.
Benefits
- Attractive interest rates.
- No sign-up fee.
- No penalty for missed instalments.
- You can purchase as many units as you desire.
- Initial deposit of BDT10,000 or BDT50,000 with monthly deposits of BDT5,000 (1 unit) or BDT10,000 (1 unit) respectively.
- Tenure of the plan is 3 years only.
Additional benefits
Bonuses will be paid at end of the tenure if all instalments are deposited on time
- BDT700 bonus for every initial deposit of BDT10,000.
- BDT3,500 bonus for every initial deposit of BDT50,000.
Additional benefits
- BDT500 gift voucher/unit each year if all 12 monthly instalments are deposited on time in that year.
- BDT400 gift voucher/unit each year if at least 10 monthly instalments are deposited on time in that year.
Eligibility
- Any Bangladeshi between 18-60 years of age is eligible to apply for a Retirement Savings Plan.
Terms and Conditions
- Bank reserves the right to close the plan if the customer misses 3 consecutive instalments.
- If the plan is closed within one year, customers will get the deposited amount only and no interest will be paid for the plan. If the plan is closed after one year, customers will get the deposited amount along with the interest at the prevailing savings rate during the time of closure.
- Discontinuation fee will be charged if the plan is closed before the end of the tenure.
[All the above conditions are subject to change]
Need to know more
- Call now on 01199-FUTURE
(388873)
01199-88HSBC
(4722) - Contact Us
