Calculating the exact return on your Sanchayapatra (National Savings Certificate) investment can be complex due to the tiered interest rate structure introduced by the Government of Bangladesh. This tool helps you estimate your monthly or quarterly profit based on the latest circulars regarding Paribar, Pensioner, and 3-Monthly Profit Bearing Sanchayapatra.
How the Sanchayapatra Rates Work
Unlike standard bank deposits, Sanchayapatra rates are determined by your total cumulative investment across all savings schemes. The rates decrease as your total investment volume increases.
Investment Tier (Total Holdings)
Paribar Rate
Pensioner Rate
3-Monthly Profit Rate
Up to 15 Lakh
11.52%
11.76%
11.04%
15 Lakh to 30 Lakh
10.50%
10.75%
10.00%
Above 30 Lakh
9.50%
9.75%
9.00%
Understanding Source Tax on Profit
When calculating your net profit (the money that actually hits your bank account), you must account for the Source Tax deducted by the government. The rules generally follow this threshold:
5% Tax: If your total investment in all Sanchayapatra schemes is 5,00,000 BDT or less.
10% Tax: If your total investment exceeds 5,00,000 BDT.
The calculator above automatically applies the 10% tax rate if your combined investment amount exceeds the 5 Lakh BDT threshold.
Scheme Types Explained
1. Paribar Sanchayapatra
Designed primarily for women, this scheme offers a monthly profit payout. It is one of the most popular instruments for family savings. It matures in 5 years, but profit is disbursed every month.
2. Pensioner Sanchayapatra
Exclusive to retired government officials, this scheme offers the highest rates of return. The profit is paid out on a quarterly basis (every 3 months).
3. 3-Monthly Profit Bearing Sanchayapatra
Available to the general public (with specific eligibility criteria), this instrument provides profit payouts every three months. It is a 3-year investment vehicle.
Frequently Asked Questions
Can I encash my Sanchayapatra before maturity?
Yes, you can encash early, but you will not receive the full projected interest rate. A reduced interest rate is applied for early encashment, and any excess profit already paid to you will be adjusted (deducted) from the principal amount returned.
How is the "Existing Investment" used in the calculator?
The government sets interest rates based on slabs. If you already have 20 Lakh invested and want to invest another 5 Lakh, your new investment falls into the "15-30 Lakh" or "Above 30 Lakh" tier, earning a lower interest rate than your initial investment. Our calculator uses the "Existing Investment" field to determine exactly which rate tier applies to your new deposit.
Where can I buy these certificates?
You can purchase Sanchayapatra from Bangladesh Bank offices, National Savings Bureau offices, Post Offices, and most commercial banks in Bangladesh.