As of my last knowledge update in June 2024, the exact insurance cost for the Deposit Pension Scheme (DPS) at Sonali Bank in 2025 hasn't been officially announced yet. However, I can provide you with general guidelines based on past DPS policies in Bangladesh:
DPS With Sonali Bank 2025:
Estimated Insurance Coverage in DPS (Sonali Bank 2025)
Standard DPS Insurance Coverage:
Typically, if a depositor passes away before maturity, the nominee receives 10 times the monthly installment (as per previous DPS rules).
Example: If you deposit ৳1,000/month, the insurance payout would be ৳10,000.
Possible Changes in 2025:
Banks may adjust insurance benefits based on new Bangladesh Bank regulations.
Some banks offer additional accidental death benefits (confirm with Sonali Bank).
How to Check Exact Insurance Terms:
Visit the nearest Sonali Bank branch.
Contact their customer service (16236).
Check their official website (www.sonalibankk.com.bd) for updates.
Factors Affecting DPS Insurance
Tenure (5, 10, 12, or 15 years).
Monthly Deposit Amount (higher deposits may have proportional insurance).
Bank Policy Updates (some banks revise terms yearly).
Would you like help calculating returns on your DPS deposit as well? Let me know your preferred tenure and monthly amount!
Sonali Bank ATM Booth near me open now:
To find a Sonali Bank ATM booth near you that is open now, you can try the following steps:
1. Use Google Maps
Open Google Maps on your phone or computer.
Search for "Sonali Bank ATM near me".
2. Check Sonali Bank’s Official Website or App
Visit Sonali Bank’s website.
Look for the ATM locator feature (if available).
3. Call Sonali Bank Customer Care
Dial their helpline: 16224 (from Bangladesh) or +880 2 956 1244 (from abroad).
Ask for the nearest 24/7 ATM location.
4. Visit Nearby Branches
Most Sonali Bank branch ATMs are operational during banking hours (9:00 AM – 5:00 PM, Sunday–Thursday).
Some standalone ATMs may operate 24/7.
Sonali bank DPS:
Sonali Bank, one of the largest state-owned commercial banks in Bangladesh, offers a Deposit Pension Scheme (DPS) to help customers save money systematically and receive a lump sum amount after a fixed tenure.
Key Features of Sonali Bank DPS:
✔ Tenure: 5, 10, 15, or 20 years.
✔ Monthly Installments: Flexible amounts (e.g., 500, 1,000, 2,000, 5,000 BDT, etc.).
✔ Profit Rate: Competitive Islamic (Mudaraba) and conventional interest rates (varies yearly).
✔ Maturity Amount: Higher than the total deposited amount due to profit/interest.
✔ Premature Withdrawal: Allowed under certain conditions (with penalties).
✔ Nomination Facility: Available for beneficiaries.
Required Documents:
Completed DPS application form.
Copy of NID/passport.
Two passport-size photographs.
Nominee details (if applicable).
How to Open a DPS Account:
Visit any Sonali Bank branch.
Fill out the DPS application form.
Submit necessary documents.
Start paying monthly installments.
