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Welcome to the Bank of Bhutan Limited Personal Banking Schemes. Savings Bank Account encourages savings habit and thrift among individuals, housewives, family members or businessmen, etc. It also offers interest advantage at the rate of 4.5% per annum on the balances lying in the account subject to certain restrictions placed on withdrawals and deposits. For more details - Click here... Current Deposit Accounts facilitate execution of banking services (such as collecting cheques/bills and making payments to third parties) and any other standing or specific order for and on behalf of clients. Thus, the motive for opening a Current Deposit Account is not to earn interest on deposits as in the case of Savings Deposit and Term Deposit, but to avoid direct cash handling and to utilise various bank services. Therefore, no interest is paid on Current Account deposits. For more details - Click here... This scheme is aimed at providing a depositor with an opportunity to build up his/her savings through regular deposits of fixed sums over a fixed period of time along with interest income. For more details - Click here... A fixed deposit receipt represents funds deposited
with the Bank for a fixed period, specified in
advance, interest on which is payable at the rate appropriate
to the period for which the deposit has been made. Such deposits
are repayable on the expiry of the period specified by the depositor.
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