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Eligibility of the Purchaser: |
 |
The
Bond may be issued in the name of a holder of a non-resident
account against remittances from abroad to the account. |
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|
| Issuing
Branches : |
|
i.
Sonali Bank Wage Earner's Corpt. Branch,Dhaka
ii. Sonali Bank Dhaka Cantt.Corpt. Branch, Dhaka
iii. Sonali Bank Wage Earner's Branch,Ctg.
iv. Sonali Bank Khulna Corpt. Branch, Khulna
v. Sonali Bank Dargagate Corpt. Branch, Sylhet
vi. Sonali Bank Foreign Exchange Branch, Moulovibazar
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|
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| Salient
Features of the Bond : |
| |
*
Maturity Period: 03 Years.
* Interest Rate: 7.5 % (Fixed) Per Annum.
* Interest may be drawn on half yearly basis.
* Principal will be payable in US Dollar.
* Interest will be paid in Bangladesh Taka.
* Principal may also be paid in Bangladesh Taka on option.
* Principal & Interest shall be free from income-tax.
* On maturity principal amount may be re-invested or repatriated
abroad in
Foreign Currency. |
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|
|
Denomination of Bonds : |
| |
·
US $ 500 · US $ 1000 · US $ 5000 · US $
10,000 · US $ 50,000 |
|
|
|
Limit : |
| |
A
purchaser can purchase Bond for minimum of US $ 500 and any
amount in multiples of US $ 500 without any maximum limit. |
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|
|
Premature Encashment : |
| |
The
Bond may be encashed before maturity at following rate of
interest :
|
Encashement |
Interest payable |
| (a) |
Within one year from the date of issue. |
No interest. |
| (b) |
Aftercompletion of one year but within two years. |
7.5% |
| (c) |
After completion of two years but within three years. |
7.0% |
| (d) |
After completion of 3 years. |
7.5% |
|
|
|
| Nominee
: |
| |
The
Purchaser shall appoint a nominee to receive the value of the
Bond, interest payable thereon and also the death risk benefit,
if any, in the event of death of the holder. |
|
|
| Additional
Benefit : |
| |
*
A purchaser purchasing Bond(s) for at least US $ 10,000 at
the first instance and increases the investment by subsequent
addition will qualify for a free death-risk-benefit of maximum
Tk=20,00,000 in the event of his death on fulfillment of some
terms & conditions.
* The purchaser having purchased Bond(s) totalling US $ 1,000,000
(One million) or above will be treated as C.I.P.
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|
|
| Replacement
: |
| |
In
case a Bond is lost, stolen, destroyed, damaged or defaced there
is provision
for issuance of duplicate Bond. |
|
|
| ***
Please note that Sonali Bank (UK) Ltd. And Sonali Exchange Co.
Incorporated (SECI) USA will sell US Dollar Investment and Premium
Bond only on obtaining of necessary permission from regulatory
body from the respective country on observing all local formalities |
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|
| |
For
further/detailed information following offices may be contacted: |
|
The
Deputy General Manager
International Division-3
Sonali Bank, Head Office
Dhaka
Tel. No.- 088-02-9565364 |
The
Deputy General Manager
Sonali Bank Limited
Wage Earner's Corporate Branch,
Dhaka
Tel. No.- 088-02-9552080 |
|
