NRB FDR

Scheduled banks presently offered three types of NRB FDR – NRB Regular FDR, Monthly Income Scheme, Foreign Currency FDR/NFCD Account.

NRB Regular FDR

This is a FDR product designed for NRBs who want to earn higher interest from their deposit.

• Tenor: 1 month/3 Months/6 months/1 year/3 years (may differ from bank to bank).
• Interest Rate: Interest rate is higher than any other deposit (may differ from bank to bank).
• Automatic renewals: Auto renewal on maturity, if no instruction is received.
• Overdraft facility: NRB can use NRB Fixed Deposit as collateral to apply for an overdraft.
• Premature Encashment Option: Customer can withdraw deposited money before maturity

List of some banks which have NRB Regular FDR

Required Documents

• Copy of employer’s certificate/ work permit/I-20 to be duly attested by the concern authorities
• Bank prescribed account opening form duly filled up
• Photo: 2 passport size
• Nominee Photo: 1 pp size attested by account holder (attestation on the reverse side)
• Identification: Photocopy of Valid passport (6 pages) with due attestation. In case of foreign passport attested photocopy of ‘no visa required for travel to Bangladesh’ page required.
• Valid Visa: Entry VISA with due attestation.
• Address Proof: (If Any) – Resident Permit/Work ID
• Other documents as per bank requirement