Regarding policy revisions in National Savings Schemes

DMD Circular Letter – 13/2024
The govt. of BD has made several changes to the National Savings Scheme, as outlined in a notification issued on November 3, 2024. These changes include the removal of the investment cap on Wage Earner Development Bonds, the introduction of automatic reinvestment facilities for various savings bonds, and the provision for monthly profit payments on pensioner savings paper instead of quarterly payments. The revised policies will take effect on December 1, 2024, and are aimed at improving the national savings scheme.