ILFSL accepts deposit from local and foreign corporate bodies, banks, insurance companies and other financial institutions as well as individuals. At present, ILFSL is offering four types of deposit schemes to accommodate customized needs of our clients namely Annual Deposit Scheme, Cumulative Deposit Scheme, Multiple Deposit Scheme and Monthly Income Scheme.

FIXED TERM DEPOSIT SCHEME

Term	Rate
3 Months	5.00%
6 Months	5.25%
1 Year	5.50%
2 Years	6.00%

MULTIPLE DEPOSIT SCHEME(MDS)

Amount to be Received	Term
2 Times	9 Years 7 Months

[Note: Only applicable for any amount starting from Tk.1,00,000.]

INCOME SCHEME

	Year	Monthly	Quarterly	Half-Yearly
Income Scheme	1 Year	458.33(5.50%)	1,375.00(5.50%)	2,750.00(5.50%)
Income Scheme	2 Year	500.00(6.00%)	1,500.00(6.00%)	3,000.00(6.00%)

[Note: Only applicable for any amount starting from Tk.1,00,000.]

***Disclaimer:

This is to inform you that we are re-fixing our deposit interest rate from July 01, 2021. Currently, money market situation is becoming liquid. Interest rate on deposit products of majority schedule banks is 6.00% p.a and average lending rate is 9.00% p.a. You are well aware that, being a Non Banking Financial Institution, we belong to the same market. Therefore, to keep pace with the market and to expedite our business, we have decided to revise the interest rate structure. Please also note that, ILFSL has been facing some financial difficulties. The Board and the Management are trying their heart and soul to get out of this situation and we are very hopeful that good days will come in near future. Thanks for being with us. ***

***The rates will commence with effect from July 01, 2021 until further notice.***

Income tax Ordinance 1984 amended by Finance Act 2014:

TDS Applicable on	Rate of TDS applicable for
	Who has E-TIN	Who does not have E-TIN
Interest on Fixed Deposit Receipts (FDR) in Banks and FIs	@ 10% for any amount of FDR	@ 15% for any amount of FDR

1. Deposit Application form - Corporate Client
2. Deposit Application form - Individual Client