Depositors at Sonali Bank PLC continue to earn fixed profits under the bank’s Fixed Deposit Receipt (FDR) scheme, with returns determined by deposit size and tenure. Following the recent update to profit rates for 2025, a growing number of customers are seeking clarity on the potential earnings from investments of one, two, or three lakh taka over various timeframes.
According to Sonali Bank, the revised profit rates came into effect on 11 November 2024 and will remain applicable unless altered in response to prevailing economic and monetary conditions. As a state-owned commercial bank, Sonali Bank emphasises that while the rates are currently fixed, they are subject to revision depending on policy decisions, liquidity conditions, and broader macroeconomic developments.
Under the existing structure, depositors investing between one and three lakh taka can earn profits across short-, medium-, and long-term tenures. The estimated profit amounts for these deposits are outlined below:
Estimated Profit on Sonali Bank FDR Deposits
| Deposit Amount | Tenure | Estimated Profit (Taka) |
|---|---|---|
| 1 lakh | 3 months | 1,753 |
| 1 lakh | 6 months | 4,091 |
| 1 lakh | 1 year | 7,403 |
| 1 lakh | 3 years | 22,313 |
| 2 lakh | 3 months | 3,506 |
| 2 lakh | 6 months | 7,225 |
| 2 lakh | 1 year | 14,875 |
| 2 lakh | 3 years | 44,625 |
| 3 lakh | 3 months | 5,269 |
| 3 lakh | 6 months | 10,837 |
| 3 lakh | 1 year | 22,313 |
| 3 lakh | 3 years | 66,938 |
The bank’s current annual profit rates are structured as follows:
3 to 6 months: 8.25 per cent
6 months to 1 year: 8.50 per cent
1 to 3 years: 8.75 per cent
Sonali Bank cautions that if an FDR is encashed prior to maturity, the depositor may receive a reduced profit, although the principal amount remains fully refundable. One notable feature of the scheme is its automatic renewal, meaning customers are not required to reapply at the end of each term unless they wish to withdraw their accrued profit.
To open an FDR account, depositors must submit valid identification documents, which may include a national identity card, passport, driving licence, or birth certificate, along with two passport-size photographs and nominee identification. In cases where a birth certificate is used, a digital copy is mandatory and must be authenticated by the relevant local chairman or councillor.
The bank further advises customers to remain attentive to changes in monetary policy, as shifts in interest rates may directly influence future profit earnings. Prospective depositors are therefore encouraged to verify the latest rates before committing funds to an FDR scheme.