Saving money is important for everyone. In Bangladesh, many people keep their savings in banks. One popular way to grow savings is by depositing money and earning interest every month. In 2025, because of high inflation, banks in Bangladesh are offering better interest rates than before. If you are planning to save money and earn regular monthly income, this article will help you understand the highest monthly deposit interest rates in Bangladesh.
Let’s dive into the details in simple and easy ways.
Contents
- 1 What is a Monthly Deposit Interest Rate?
- 2 Why Are Monthly Deposit Rates High in 2025?
- 3 Top Banks Offering the Highest Monthly Deposit Rates in Bangladesh
- 4 Average Deposit Interest Rate in Bangladesh
- 5 Top 5 Banks Monthly Deposit Plans Comparison
- 6 Things to Check Before Choosing a Bank
- 7 Types of Monthly Deposit Schemes in Bangladesh
- 8 Who Should Choose Monthly Deposit Schemes?
- 9 Example of Monthly Income from Different Deposits
- 10 Pros and Cons of Monthly Deposit Schemes
- 11 Tips to Get the Best Monthly Deposit Deal
- 12 Future of Monthly Deposit Rates in Bangladesh
What is a Monthly Deposit Interest Rate?
A monthly deposit scheme interest rate means the bank pays you some extra money every month for keeping your savings with them. This extra money is called “interest.” You don’t need to wait until the end of the year to get the benefit. Every month, you will receive a small amount based on how much money you deposited.
For example:
- If you deposit 5 lakh Bangladeshi Taka (BDT), [Bangladesh Bank Fixed Deposit Interest Rates]
- And the bank gives you a 10% annual interest,
- You will get around BDT 4,166 each month.
This system is very helpful for people who need a steady income without touching their original savings.
Why Are Monthly Deposit Rates High in 2025?
There are a few reasons why banks are giving high monthly deposit scheme interest rates in Bangladesh now:
- High Inflation:
Prices of goods and services are rising quickly. People need more money to manage their daily expenses. Banks offer higher interest to attract customers. - Bangladesh Bank’s Policy Rate:
The central bank (Bangladesh Bank) has increased its policy rate to 10% to control inflation. When the policy rate goes up, banks also increase their deposit and lending rates. - Liquidity Crisis:
Some banks have less cash available. To bring more money into their banks, they offer higher interest rates to depositors. - Competition:
Banks are competing with each other. Everyone wants to get more customers, so they offer attractive rates.
Top Banks Offering the Highest Monthly Deposit Rates in Bangladesh
Here are some of the banks offering the best monthly deposit scheme interest rates as of 2025:
1. National Bank Limited (NBL)
Interest Rate: Up to 11.75%
- 3 Years (@11.00% p.a.)
- 5 Years (@ 11.25% p.a.)
- 8 Years (@11.50% p.a.)
- 10 Years (@11.75% p.a.)
Click here to check latest interest rates.
2. Padma Bank Limited
Interest Rate: Up to 9.60%
| Product Name | Interest Rate |
|---|---|
| One Year Target Deposit Scheme | 7.00% |
| Super Benefit Deposit Scheme | 7.00% |
| Super Fast Deposit Scheme | 8.00% (3 Years) |
| Kotipoti Deposit Scheme (KDS) | 8.50% (6-15 Years) |
| Padma Prottasha DPS Scheme (100 Tk Multiple) | 01-15 Years (Max 10.00%)) |
| Mashik Sanchaya Scheme(MSS) | 9.00% (3 Years), 9.00% (5 Years), 9.00% (8 Years), 9.00% (10 Years) |
| Mashik Income Scheme(MIS) (60+ Years Senior Citizen) | 8.00% -1 Year, 8.50% – 2 Years |
| Mashik Income Scheme(MIS) | 9.00% (3 Years – 5 Years) |
| Up-to Tk 50 Lac | 7.50% |
| More than Tk 50 Lac to Tk 1 Crore | 7.75% |
| More than Tk 1 Crore | 8.00% |
| Retire Rich Deposit Scheme | 8.00% |
| Double Benefit Scheme(DBS) | 9.67% (7 Years 6 Months) |
| Padma Bank Triple Benefit Scheme(PTBS) | 9.60% (12 Years) |
Click here to check latest interest rates.
3. Social Islami Bank Limited (SIBL)
- Interest Rate: Around 9.5%
- Details:
As an Islamic bank, SIBL offers a “Profit Share” model instead of interest. Their three-year term deposits give good monthly profits under Shariah principles.
Click here to check latest interest rates.
4. Trust Bank Limited
- Interest Rate: Around 9%
- Details:
Trust Bank is known for stable banking services. Their monthly deposit schemes are safe and good for retirees.
Click here to check latest interest rates.
5. City Bank Limited
- Interest Rate: Around 8.5%
- Details:
City Bank’s “Monthly Benefit Deposit Scheme” helps customers earn a fixed income every month without any hidden charges.
Click here to check latest interest rates.
Average Deposit Interest Rate in Bangladesh
Even though some banks offer very high rates, the average deposit interest rate in Bangladesh (as of late 2024) was about 5.84%.
Because of the rising inflation and banking competition, this average is expected to cross 7% by mid-2025. However, only some banks offer interest above 10%, usually under special conditions.
Top 5 Banks Monthly Deposit Plans Comparison
| Bank Name | Interest Rate (Approx.) | Deposit Scheme Name | Special Features |
|---|---|---|---|
| National Bank Limited | Up to 13.40% | Special Savings Scheme | Highest available rate, monthly income |
| Padma Bank Limited | Up to 10% | Term Deposit | Safe, good for medium to large savers |
| Social Islami Bank Ltd | Around 9.5% | Profit Sharing Deposit (Shariah) | Islamic banking, monthly profit |
| Trust Bank Limited | Around 9% | Monthly Benefit Scheme | Steady monthly return, good reputation |
| City Bank Limited | Around 8.5% | Monthly Benefit Deposit Scheme | Easy withdrawal options, strong service |
Things to Check Before Choosing a Bank
Higher interest rates sound good, but you must be careful. Here are a few things to check before depositing your money:
1. Bank’s Reputation
Always choose a trusted and stable bank. Some small or struggling banks offer very high rates but may have financial problems later.
2. Deposit Protection
Check if the bank offers deposit insurance. In Bangladesh, deposits up to a certain amount are insured by the central bank.
3. Terms and Conditions
Some banks have hidden terms. For example:
- You may need to lock your money for 3-5 years.
- You may get lower interest if you withdraw early.
Always read the fine print carefully.
4. Inflation vs. Interest
If the inflation rate is higher than your deposit return, you are losing money. So, choose a bank that gives real returns after adjusting for inflation.
Types of Monthly Deposit Schemes in Bangladesh
Banks offer different types of monthly deposit plans:
a) Monthly Income Scheme (MIS)
- Fixed amount deposited once.
- Monthly fixed income from interest.
- After maturity, you get your original amount back.
b) Monthly Savings Scheme (MSS)
- You deposit a small amount every month.
- After a few years, you get a big amount at maturity.
c) Double/Triple Benefit Scheme
- Your money doubles or triples after 5-10 years.
- Some banks give partial monthly income along with future big returns.
Who Should Choose Monthly Deposit Schemes?
Monthly deposit schemes are perfect for:
- Retired persons who need monthly expenses covered.
- Housewives wanting safe and regular income.
- Small business owners looking for extra cash flow.
- Young professionals saving for future goals.
If you want peace of mind with steady income without working extra, these deposits are a good option.
Example of Monthly Income from Different Deposits
| Deposit Amount | Interest Rate | Approximate Monthly Income |
|---|---|---|
| BDT 5 lakh | 10% | BDT 4,166 |
| BDT 10 lakh | 10% | BDT 8,333 |
| BDT 15 lakh | 10% | BDT 12,500 |
(Calculation based on simple interest, real income may vary slightly based on bank’s rules.)
Pros and Cons of Monthly Deposit Schemes
Pros:
- Regular income without working.
- Safe and low-risk if deposited in trusted banks.
- Fixed returns help plan monthly budgets.
- Good for senior citizens and homemakers.
Cons:
- Inflation can eat up your real earnings.
- Fixed deposit rates may fall in future.
- Early withdrawal may have penalties.
- Some banks may not be fully safe.
Tips to Get the Best Monthly Deposit Deal
- Compare Offers: Check 4-5 banks before deciding.
- Negotiate: Sometimes banks offer better rates to big depositors.
- Split Deposits: Don’t put all money in one bank.
- Ask About Hidden Fees: Some banks charge account maintenance fees.
- Stay Updated: Interest rates change often. Review your deposit plans every year.
Future of Monthly Deposit Rates in Bangladesh
Experts believe that monthly deposit interest rates will stay high for most of 2025. However, if inflation comes down, rates may fall by late 2025 or early 2026.
Also, digital banking is becoming popular. Many banks are now offering online fixed deposit schemes with higher returns. So, keep an eye on digital offers too.
Final Words
In 2025, many banks in Bangladesh are offering very attractive monthly deposit interest rates — some going as high as 13.40%. Saving money through these deposits can give you regular monthly income safely. But it is important to choose a good bank, read the terms carefully, and think about inflation.
If you are careful, monthly deposit plans can be a great way to grow your money and secure your future.
Always remember:
“Save wisely, earn safely.”