Peoples Pubali Pension Scheme (PPPS)

To Provide Bangladeshi citizens with a comprehensive retirement benefit that can ensure their financial security after their active working years.

Features and Benefits

  • It is a one-way deposit account up to maturity.
  • The account will be matured when the applicant’s age will be 60 years.
  • After maturity cheque book / Debit card will be provided.
  • After maturity the applicants have freedom for encashment full amount or partial and to continue the account as he/she desires.
  • Loan facility up to 90% of the deposit amount.
  • Initial deposit is Tk. 100/- and its multiples with multiples time.
  • Deposit can be made through Cash, Fund transfer, BACH, NIKASH, RTGS, standing instructions from all chequeing deposit Account and Bikash through PI banking apps.
  • Pre-matured encashment is allowed but no interest is payable before one year.
  • Multiples accounts can be opened in different branches in the same name.
  • Transaction notification through SMS.
  • Pi banking facility (app based digital banking).
  • Online transaction facilities through the largest online network.
  • Eligibility

  • Any Bangladeshi individual aged between 18 to 59 years having no dual citizenship.
  • Interest Rate

  • 6 months prevailing rate plus 1% p.a. on daily product basis to be compounded monthly (subject to changed time to time as per management decision).
  • Requirements

  • Photocopy of NID/Smart Card/Passport/Driving License.
  • Two copies of recent passport size photograph duly attested by the introducer.
  • One copy of recent passport size photograph of the nominee duly attested by the A/C holder.
  • Specific papers/documents as required.
  • Fees/Service Charges

  • No account maintenance fee, online and SMS charges will be recovered from this account.
  • N.B.- For details, please contact the nearest Branch / Sub Branch / Islamic Banking Window of Pubali Bank PLC