In Bangladesh, joint purchases of Family Savings Certificates are no longer allowed, and institutional funds cannot be invested in them. From now, only individual buyers, including Bangladeshi women aged 18 or above, physically disabled individuals, and men aged 65 or above, can apply. The maximum purchase limit is 4.5 million BDT per person. This new rule, effective immediately, replaces a 2012 regulation.
From now on, Family Savings Certificates cannot be purchased jointly, and institutional funds cannot be invested in these certificates. Additionally, a maximum of 4.5 million BDT worth of these savings certificates can be purchased in a single name.
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