Education Scheme

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Education Scheme

This scheme is designed for children’s financial security in future for their education, normally it is operated by guardian on behalf of children. Here scheme holders deposit fixed amount of money every month for a certain period of time & after maturity period both principal & interest amount is paid to the depositors. Monthly deposit varies from Tk 100 to Tk 20,000 & tenor 3 years to 15 years.

List of some banks which have Education Scheme

Bank Name Product Name
Mutual Trust Bank Ltd. MTB Children Education Deposit Scheme, MTB Education Plan
Bangladesh Commerce Bank Ltd. Education Savings Scheme
Dhaka Bank Ltd. EduSavings Plan
Jamuna Bank Ltd. Educational Scheme
Meghna Bank Ltd. Meghna Child EduPlan
Mercantile Bank Ltd. Education Planning Deposit Scheme
NRBC Bank Ltd. Student Savings Scheme
One Bank Ltd. Edusave
The Premier Bank Ltd. Education Savings Scheme
Prime Bank Ltd. Education Savings Scheme
Uttara Bank Ltd. Uttaran Education Deposit Scheme
HSBC Education Savings Plan
IFIC Bank Ltd. School Savings Plan – A Plus
United Commercial Bank Ltd. UCB Youngsters DPS

Required Documents

  • Recent Photograph of applicant
  • Proof of identification such as national ID/voter’s ID/passport/driving license/commissioner or union porishod certificate
  • Nominee form and photograph of nominee(s) (signature attested by the account holder). In case of minor nominee, copy of the birth certificate and photograph is required
  • Completed Account opening form
  • Introducer who maintains an A/C with this bank for a minimum period
  • Other documents (if bank required)

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