DPS Calculator Bangladesh
Calculate the maturity value of any Deposit Pension Scheme in Bangladesh, then compare side-by-side what 12 major banks would pay for the same monthly deposit. Includes 10% TDS, custom rates, and year-by-year growth — no signup, no email required.
DPS Calculator Bangladesh
Plan your Deposit Pension Scheme savings. Compare banks side-by-side.
Results are estimates based on indicative rates. Confirm current rates and terms with your bank before investing.
How to use this DPS calculator
- Enter your monthly deposit in taka. Most Bangladeshi DPS schemes accept anywhere from ৳500 to ৳50,000 per month — start with what you can realistically commit to every month for the full tenure.
- Choose your tenure. Tap 3, 5, 8, or 10 years. Pick this based on when you actually need the money, not what feels emotionally comfortable.
- Select a bank or enter a custom rate. Picking a bank auto-fills its published rate for your tenure. Choose "Custom rate" if you've negotiated something different or want to model a hypothetical scenario.
- Toggle the TDS checkbox. Bangladesh applies 10% Tax Deducted at Source on the interest portion at maturity (15% if you don't have a TIN). Keep this checked for the net amount you'll actually receive.
Switch to the Compare Banks tab to see all 12 banks ranked by what they'd return on the same deposit. The best maturity sits at the top with a highlighted row — exactly what you want for a quick scan.
How the math works
The calculator uses the standard future value of an annuity due formula, which is how Bangladeshi banks structure DPS — you deposit at the start of each month, and interest compounds monthly.
Where P is your monthly deposit, r is the monthly interest rate (annual rate ÷ 12 ÷ 100), and n is the total number of months (years × 12).
A quick example: ৳5,000/month for 5 years at 9% annual produces a gross maturity of ৳3,78,800, of which ৳3,00,000 is your principal and ৳78,800 is interest. After 10% TDS, you'd actually receive about ৳3,70,920. This calculator runs that math instantly and shows the year-by-year growth chart.
For a deeper walkthrough of how to plan a target amount backward into a monthly deposit, see the full guide: How to plan your DPS savings goal in Bangladesh.
Quick checklist before opening any DPS
- Confirm the rate at the bank's branch or website — published rates change frequently, and the calculator's defaults are indicative.
- Check the monthly deposit cap for your chosen bank. Some banks (like DBBL) cap at ৳5,000/month; others go up to ৳50,000.
- Get a TIN if you don't have one. The difference between 10% and 15% TDS adds up over a 5-10 year scheme.
- Read the premature closure terms. Most banks return only principal if you close within 6 months, and reduced interest if closed before maturity.
- Don't put your emergency fund here. A DPS is committed money. Keep liquidity elsewhere.
- Set up auto-debit from your salary account so you never miss an installment. Two or three missed payments can void the contracted rate.
Frequently asked questions
What is a DPS in Bangladesh?
A Deposit Pension Scheme (DPS) is a recurring monthly deposit offered by Bangladeshi banks where you commit a fixed monthly amount for a fixed tenure (commonly 3, 5, 8, or 10 years). At maturity, the bank returns your total deposits plus accumulated interest, compounded monthly. It's the most popular structured savings product in Bangladesh.
How is DPS interest calculated?
Bangladeshi banks use monthly compounding on an annuity-due basis. The formula is M = P × [((1+r)ⁿ − 1) / r] × (1+r), where P is your monthly deposit, r is the monthly rate (annual ÷ 12 ÷ 100), and n is the total months. This calculator handles it automatically — you just enter the inputs.
Is DPS interest taxable in Bangladesh?
Yes. Banks deduct 10% TDS on the interest portion at maturity for TIN holders, or 15% for those without a TIN. Tax applies only to interest, not to your principal deposits. If your total annual interest income crosses certain thresholds, additional filing requirements apply — consult an accountant for large schemes.
Which bank has the best DPS rate in Bangladesh right now?
As of mid-2026, One Bank's PENSAVE scheme offers among the highest published rates (around 10% for 10-year), followed by Midland Bank, NRBC Bank, and Bank Asia. Use the Compare Banks tab above to see live rankings for your exact monthly deposit and tenure. Note: rates change frequently — always verify with the bank before opening.
What is the minimum and maximum DPS deposit amount?
Minimum varies by bank — most allow ৳500/month, some accept as little as ৳100 (Sonali Bank). Maximum also varies widely: DBBL caps at ৳5,000/month, EBL caps total customer DPS exposure at ৳13,000/month, while BRAC, One Bank, and NRBC allow up to ৳50,000/month. The Compare Banks tab flags any bank where your chosen amount is outside their limits.
Can I close a DPS account before maturity?
Yes, but with penalties. If you close within the first 6 months, most banks return only your principal with no interest. Between 6 months and the halfway point of your tenure, you typically get principal plus a reduced interest rate (often 1-2% below the contracted rate). After the halfway point, terms vary by bank. Always read the premature closure clause before signing.
What happens if I miss a monthly DPS installment?
Banks generally allow 2-3 missed installments before triggering penalties. Beyond that, common consequences include reduced interest at maturity, late fees, or account closure with only principal returned. Setting up auto-debit from your salary account prevents this — it's the single most useful step you can take after opening a DPS.
Is DPS better than FDR in Bangladesh?
They serve different purposes. A Fixed Deposit Receipt (FDR) requires a lump sum upfront and pays a fixed return after the term. A DPS lets you build savings gradually from monthly income, with the discipline of forced contributions. If you have a lump sum sitting idle, FDR usually pays slightly higher per-taka return. If you're saving from a monthly salary, DPS is the better fit.
Can I open multiple DPS accounts?
Yes. Many savers use a "ladder" strategy — opening one short-tenure DPS (3 years) for near-term goals and a longer-tenure one (10 years) for retirement or long-horizon goals. This combines flexibility with the higher rates that longer tenures earn. Just check individual bank caps; some banks limit total DPS exposure per customer.
Do Islamic banks offer DPS?
Yes, though they call it differently — typically "Mudaraba Savings Bond" or similar Shariah-compliant terms. Instead of fixed interest, you receive a share of the bank's actual investment profits, paid according to a pre-agreed ratio. Headline returns are usually slightly below conventional DPS rates, but the structure is Shariah-compliant. Islami Bank Bangladesh and EXIM Bank are the largest Islamic providers.
How accurate are the rates in this calculator?
The default rates are indicative based on banks' publicly published DPS schemes as of 2025-2026. Bank rates change frequently — sometimes monthly — based on Bangladesh Bank policy and the bank's own deposit strategy. Always confirm the current rate directly with your chosen bank before opening a scheme. The Custom Rate option lets you model any specific rate you've been offered.
Can I use this calculator on my phone?
Yes. The calculator is fully responsive and works on any mobile browser. The Compare Banks table scrolls horizontally on small screens so you can swipe through bank rankings without losing the column headers.