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Savings Account
 
 
Overview
· A passbook based Savings Account for Adult & Children
Eligibility
· Individuals aged 18 and above
· Children aged 12 years old and above
· Trustees, societies, clubs, associations and other non-business organizations
· Trust Account: Individuals aged below 12 years
Initial Deposit
· BND100.00
Minimum Balance in account
· BND10.00
Interest Computation/Payment
· Interest is calculated daily and credited half-yearly
· Minimum amount to earn interest is BND250.00
Current Interest Rates
· 1.50%
Fees & Charges
· Account closed within 3 months – service charge of BND10.00
· Lost passbook replacement –service charge of BND10.00 and stamp duty on indemnity of BND0.50

 

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