Weekly DPS

Weekly DPS is here on the bKash App, only for you!

Click here to open Weekly DPS in bKash App

Now save money week by week, from just 250 Taka. Now deposit money in BRAC Bank Limited, IDLC Finance Limited and Dhaka Bank Limited easily and safely every week, from the bKash App from the comfort of your home!

* No hassle of paperwork

* Charge-free Cash Out with profit after maturity

* 6 months or 12 months’ period

So open Weekly DPS today with the bKash App!

Details of Weekly DPS

  • Deposit Amount: Tk. 250/500/1,000/2,000/5,000 per week
  • Term: 6 months or 12 months
  • Charge-free Cash Out with profit after maturity
  • AIT and Excise Duty will be applicable

Learn how to start a DPS from the bKash App

  • Tap on Savings from bKash App home screen
  • Tap Open New Savings from the Savings Dashboard
  • Select “DPS” from Savings Type
  • Select your purpose
  • Select 6 months or 12 months as Tenure
  • Select Weekly as DPS Type
  • Select Deposit Amount (Tk. 250/500/1,000/2,000/5,000 weekly) and tap Proceed
  • Select your preferred scheme of the list of Financial Institutions and Banks and see the total deposit amount
  • Enter Nominee-related information and tap Proceed
  • After reviewing Savings Summary, tap Confirm
  • Tap Accept after reviewing Scheme Terms & Conditions
  • Enter your PIN on the PIN Screen
  • Tap and hold to start DPS
  • You will get a confirmation from both banks/financial institutions and bKash on the next screen if the request submission is successful

Now you have successfully opened your Weekly DPS. Keep sufficient balance in your bKash Account on the specific day of every week. After the full term of your savings, the total deposit with profit will be disbursed in your bKash Account and Cash Out without any charge!

 

You must know the followings related to DPS

  • You can open multiple DPS from your bKash App
  • You can change the nominee information if needed
  • There is no hidden/additional charge for DOS from bKash/Institutes
  • Upon completing a DPS to maturity and having DPS maturity amount disbursed into the bKash user’s account, if the bKash user fully or partially cashes out the DPS maturity amount the corresponding Cash Out fee borne by the user will be offset by bKash.
  • DPS cannot be cancelled before completion of 3 months. However, you can request for early encashment any time after completing 3 months
  • bKash shall not be responsible if anyone using your PIN, Verification Code and other information fraudulently cancels the DPS facility through this platform
  • If you want to close your DPS before the maturity date, you may not receive the full interest as per your chosen DPS. For more information, related to forgone interest income and other charges (if any) please see Bank/FI’s T&C
  • If you do not have sufficient fund in your bKash Account or your account is not in active status at the time of attempted debit transaction, the transaction will fail and bKash will retry to debit your account on the following three consecutive days. If the debit transaction fails due to insufficient balance or account status, you may not be entitled to potential interest earnings from the DPS Provider Bank/FI for that specific day. If the debit transaction fails at the last attempt it will be considered as a missed instalment and you will not be entitled to potential interest earnings from the DPS Provider/Bank/FI related to the relevant deposit amount
  • The interest rate on DPS shall be determined solely by Bank/FI
  • bKash reserves the right to change or amend any of the terms & conditions mentioned above at any time without prior notice to bKash Customer
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