DPS – An investment scheme for future savings| Finager.com
FDR or Fixed Deposit Receipt is a deposit scheme where you can deposit minimum BDT 1 Lac for a certain period such as 1 year and after passing that period, bank will provide some extra amount as interest with principle amount.Go to slide
Lakhpoti & Millionaire Scheme
Lakhpoti & Millionaire scheme is a deposit scheme where you deposited a fixed amount of money monthly for a certain period of time and after completing that period bank will pay you BDT 1Lac.Go to slide
Money maximize is a deposit scheme where you deposit a fixed amount such as BDT 1Lac and after banks defined time. Bank will pay you double amount of that deposited amount. Banks offer various maximization offers such as 1.5 times, 2 times and 3 times etc.Go to slide
Monthly Benefit Scheme
Monthly Benefit Scheme is a deposit scheme where you deposit a certain amount of money such as BDT 1 Lac or more. Against that money, bank will pay you a fixed amount of money monthly for a certain period as interest.Go to slide
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DEPOSIT DISPUTES REACH RECORD HIGH
According to the Deposit Protection Scheme (DPS) quarterly statistics, the national average of a tenancy deposit in Q2 when renting a home in England and Wales was £970.48 – an increase of 4.47% on Q1 2016.
The costs of moving into a rental property are increasingly on the rise despite campaigns from charity organisations such as Shelter in a bid to cut agent fees to tenants – some charging over £1000 in administrations fees.
What is different about the tenancy deposit schemes?
There are several answers to this question.
The first is that there are going, from 1 April 2016, to be two new custodial tenancy deposit schemes. One from TDS and one from My Deposits.
Another is, from 1 April 2016, very little.
In the beginning
When the tenancy deposit schemes first launched in 2007 it was fairly easy.
The DPS Insured Scheme
From 1st April 2013, The DPS will be your one-stop shop for tenancy deposit protection, offering a choice of custodial or insurance-based protection. Whether you’re a landlord or an agent, you’ll have peace of mind that your tenant’s deposit will be protected by the largest supplier of deposit protection in the UK.
Computershare are pleased to announce that they have received approval from the Department of Communities and Local Government (DCLG) to operate an ‘insured’ Tenancy Deposit Protection (TDP) scheme and that, subject to the
Where do we stand currently with tenancy deposits?
Deposit protection was introduced eight years ago, but some confusion still remains about a landlord’s obligations. In this month’s column, Alex Byard brings us up to date…
As we have discussed many times before, it has been mandatory for residential landlords to protect deposits taken against a new assured shorthold tenancy since April 2007.
It is important to note that the law does not apply to any other types of tenancy, but you cannot contract out of the obligation.
For how long a user can deposit his money?
A user can deposit his money 20 year.
Does any loan available against deposited money?
Yes, 80% of the deposited amount can be available as loan amount.
How will the maturity amount be paid to user?
The maturity amount will be paid through user’s account which is linked with deposit scheme.
What is the minimum eligibility for opening DPS scheme?
Applicant must be a Bangladeshi citizen aged between 21 years to 60 years.