Customer can avail this facility with New Premium Super Chamatkarik Bachat/Nari/Jestha Nagarik Bachat Khata Diamond scheme. Any amount above Rs. 2,00,000 in multiple of Rs. 10,000 will be transferred to 3 months Fixed deposit account at interest rate of 8.75%. You can avail higher interest rate on transferred amount.

For example: - 

Day 1: A customer has Rs. 2,56,000 in his New Premium Super Chamatkarik Bachat Khata- Diamond.  At the end of the day balance above Rs. 2,00,000 in multiple of 10,000 shall be transferred to 3 months fixed deposit. In this case, Rs. 50,000 will be transferred in 3 months fixed deposit. Balance in savings account shall be Rs. 206,000. Interest in saving account: 5.5% and Interest in 3 months fixed deposit: 8.75%.

Balance in Sweep in (fixed deposit) = Rs. 50,000

Balance in saving account= Rs. 2,06,000

Day 2:   A customer deposited Rs. 90,000 in his New Premium Super Chamatkarik Bachat Khata- Diamond. At the end of the day balance in saving account is Rs.2,96,000 and above Rs. 2,00,000 in multiple of 10,000 is transferred to 3 months fixed deposit. 

At the end of the day customer account will be as below;

Balance in fixed deposit (1st lot) = Rs. 50,000 

Balance in fixed deposit (2nd lot) = Rs. 90,000 

Balance in saving account= Rs. 2,06,000

Day 3: Customer presents cheque of Rs. 2,50,000 for payment. 

Now, the account will reconcile as below;

Current balance status in account is

  1. Balance in fixed deposit (1st lot) = Rs. 50,000 
  2. Balance in fixed deposit (2nd lot) = Rs. 90,000 
  3. Balance in saving account= Rs. 2,06,000

Customer has Rs. 2,06,000 in his saving account and minimum balance in account is Rs. 50,000 then available balance in saving account is Rs. 206,000 • It means that the fund is shortage for the cheque payment by Rs. (250,000 – 206,000) i.e. Rs. 44,000. Now deficit of Rs. 44,000 which will be withdrawn by pre-maturing second lot FFD i.e. 90,000 as Last in First Out (LIFO) method is use for FFD pre maturing. Customer shall not be eligible for higher interest rate in case flexi fixed deposit is broken before defined period. However, customer shall be eligible for interest rate of 6.75 % as the Bank will charge 2% as a pre-maturity charges.