The table below outlines the profit structure for this scheme, including tax deducted at source (TDS) on maturity and encashment:
Table: Profit Rates for Different Investment Amounts in the 3-month interest-bearing Scheme
| Investment Period (Year) |
Investments Up to BDT 7,50,000 |
Investments BDT 7,50,001 and Above |
||||
|
TDS On Investment up to BDT 5,00,000 (%) |
Profit Rate (%) |
TDS On Investment from BDT 5,00,001 to 7,50,000 (%) |
Profit Rate (%) | TDS (%) | Profit Rate (%) | |
| 1st | 5 | 11.04 | 10 | 11.04 | 10 | 11 |
| 2nd | 11.65 | 11.65 | 11.61 | |||
| 3rd | 12.30 | 12.30 | 12.25 | |||
Read more: Paribar Sanchayapatra 2025: Revised profit rates of Family Savings Certificate in Bangladesh
For investors who buy 3-month profit-bearing Sanchayapatra up to BDT 7.5 lakh (7,50,000 or below) ceiling, the maximum quarterly profit will be given at an annual rate of 12.30 percent (12.30%). For investments exceeding BDT 7.5 lakh (7,50,001 and above), the maximum profit rate decreases slightly to 12.25 percent.
The source tax on profits varies based on the investment amount. For investments up to BDT 5 lakh (5,00,000 or less), a 5% tax rate applies. For amounts surpassing BDT 5 lakh (5,00,001 and above), the tax rate increases to 10%.
If the 3-month interest-bearing Sanchayapatra is encashed early, the profit will be calculated at the applicable rate listed in the table. However, holding it until the 3-year term ends yields the highest returns compared to early withdrawals. For premature encashment, the additional maturity profit will be deducted, and only the remaining principal amount will be refunded.
In the case of early encashments, for investors with up to BDT 5 lakh (5,00,000 or below), the annual interest rate will be 11.04 percent at the end of the first year. At the end of the second year, this return will be 11.65 percent. In both instances, the 5% TDS will be levied.
For investments above BDT 5 lakh and up to 7.5 lakhs (BDT 5,00,001 - 7,50,000), the withdrawal results in a profit of 11.04 percent in the first year. At the end of the second year, the profit rate will be charged at 11.65 percent. The profit is subject to a 10% source tax in both cases.
The 10% TDS will be levied on investments above BDT 7.5 lakh (7,50,001 or more) accordingly. For early encashments, the quarterly profit will be given at an annual rate of 11 percent for one year. In the second year, the interest rate will be 11.61 percent.
Conditions to Qualify for the New Profit Rate
The revised profit rate applies only to investments made in 3-monthly profit-based savings certificates from January 1, 2025, onward.
Read more: How to Submit Zero Income Tax Return Online in Bangladesh
Who Can Apply for the 3-Monthly Profit-Bearing Savings Scheme in Bangladesh
- Any Bangladeshi citizen irrespective of profession
- The provident funds that will be recognized or operated by the following rules:
Sub-rule (2) of rule 49 of the Income-tax Acts 1984 (Part-II)
Provident Funds Act, 1925 (No. 19 of 1925)
- The following sources of income (certified by the concerned Deputy Commissioner of Taxes) as per section 34 of Part A of the 6th Schedule of the Income-tax Ordinance-1984:
Production of pelleted poultry feeds, Fishery farms, Seed production, Poultry farms, Marketing of locally produced seeds, Cattle farms, Dairy and dairy farms, Frog production farms, Horticulture farm projects, Silkworm rearing farms, Mushroom production, Fruit and leafy vegetable cultivation, - Educational institutions for individuals with autism or any other organizations (for their support) certified by the concerned District Social Service Office. However, the condition is that the entire profit of the money invested by the institution should be spent only on helping autistic.
- Registered shelter homes for orphans and underprivileged children, such as orphanages or children's care centers
- Registered care homes for the elderly.
Read more: Sanchayapatra at Maturity: Encashment or Renewal of Bangladesh’s National Savings Certificate
Additional Benefits
- Quarterly profit withdrawal option
- Buyers can designate nominees
- Upon the buyer’s death, the last nominated individual will receive the due profit every 3 months. If preferred, the nominee can also cash out the savings certificate before maturity.
Highest Ceiling
For Individuals: Up to BDT 30 lakh for a single name and BDT 60 lakh for a joint name
For Institutions: 50% of the total balance in the provident fund, with a maximum limit of BDT 50 crore
For Firms: Maximum limit of BDT 2 crore
For Autistic Support Institutions, Registered Shelter Homes for Orphans, Destitute Children, and Elderly: Maximum limit of BDT 5 crore.
Read more: How to Buy Sanchayapatra in Bangladesh: A Beginner's Guide
Summing Up
Investments up to BDT 7,50,000 in 3-month profit-bearing Sanchayapatra will bring a maximum of 12.30 percent interest rate at maturity. The net profit rate stands up to 12.25 percent, concerning investments going beyond BDT 7,50,000.
In the 3-month interest-bearing Savings Certificates category in Bangladesh, with a maximum investment limit of BDT 7.5 lakh, two tax categories apply to profits. A 5% tax applies to investments up to BDT 5 lakh, while a 10% tax is imposed on amounts exceeding BDT 5 lakh.
Overall, the amount of money available for all types of investments in terms of maturity as well as cashing out will be higher than before.
Read more: Buying US Dollar Investment Bonds: A Comprehensive Guide for NRBs