Jumbangla Desk: Sonali Bank has come up with an innovative scheme. Even if you deposit money in this scheme, you will get three times the profit! Let's take a look at the Triple Benefit Scheme of Sonali Bank and how to get three times the profit. One-time deposit in this scheme should be at least 50 thousand or its multiples. The rate of profit payable will be 9 percent (compounded). In the full term i.e. 12 years and 9 months, the amount of money of this scheme will be three times.

Sonali Bank

Triple Benefit Scheme (TBS) Triple benefit scheme: Duration: Rate of profit 9.00% (compound) 3.00% simple profit for 6 months. 3.50% simple profit on completion of 1 year. 4.00% simple profit in 2 years. 4.50% simple profit in 3 years. 5.00% simple profit in 4 years. 5.50% simple profit on completion of 5 years. But the rate of profit will also increase with time. 6.00% simple profit in 6 years.

6.50% simple profit in 7 years. 7.00% simple profit in 8 years. 7.50% simple profit in 9 years. 8.00% simple profit in 10 years. 8.50% simple profit on completion of 11 years. 9.00% simple profit in 12 years. 9.00% compounded profit in 12 years and 9 months. However, there are several conditions for getting triple money by depositing money in this scheme.

Tax at source and excise duty will be deducted from the depositor's account as per government norms. If the TBS account is closed before the expiry of the period, the above profit rate will be applicable but the policy of the previously opened accounts will be governed as per the respective circular.

Not only that, among other conditions, this account can be opened in the name of the organization by following the account opening rules properly. If there is a decrease/increase in the amount of profit on maturity, the depositor has to pay the amount due as per the rules by adjusting the interest account in the branch.