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DPS Calculator Bangladesh
A DPS (deposit pension scheme) takes a fixed instalment every month for 3 to 10 years and pays it back with interest at maturity. Enter your instalment, the bank’s rate and the term to see the maturity amount after source tax and excise duty.
In taka, with Bangladesh bank source tax and excise duty.
Balance after
About . From plus at compounded .
You get at maturity, after
About . From a month at .
at for . Your stays in the FDR.
- Interest earned
- Final balance
- Effective yearly rate (APY)
- Money doubles in
- Source tax ()
- Excise duty
- Maturity after deductions
- Net profit
- Return after deductions
Compounding earns more than simple interest, which would give .
Year 1
Deposits Interest
Daily vs monthly vs yearly compounding
The same money at the same rate. Tap a row to use it.
| Compounded | APY | Interest | Balance |
|---|---|---|---|
Every FDR term at
For the same , after tax and excise. Banks pay different rates for each term, so check yours. Tap a row to use it.
| Term | Held | Net profit |
|---|---|---|
Enter the amount, rate and time to see the result.
Year-by-year table
| Year | Deposits | Interest | Source tax | Excise | |
|---|---|---|---|---|---|
Year 1 deposits include the starting amount of .
Assumes the rate stays the same. When interest compounds less often than monthly, each month earns the matching share of the period’s interest. DPS and FDR: instalments go in at the start of each month; source tax is 10% of the interest with proof of a filed return and 15% without; excise duty comes off once a year on the year’s highest balance, free up to Tk 4,00,000. Banks round and credit interest in their own ways, and renewed FDRs earn the rate of the renewal day. Rules last checked 26 October 2026 against the Finance Act 2026. This is an estimate, not financial advice.
More savings and interest calculators
About the Compound Interest Calculator
The compound interest calculator shows what your savings grow to when interest earns interest. Start with a lump sum, add a deposit every month, and compound daily, monthly, quarterly, half-yearly or yearly in your own currency. It also has a DPS calculator and an FDR calculator for Bangladesh banks that take off the 10% or 15% source tax and the yearly excise duty, so you see the money you actually take home.
How to use it
- 1 Pick Compound, DPS or FDR.
- 2 Enter the starting amount and monthly deposit, the DPS instalment, or the FDR amount.
- 3 Enter the yearly interest rate, how often it compounds or the FDR term, and how long you keep it.
- 4 Read the balance, the interest and the year-by-year table, and copy the share link if you need it.
Frequently asked questions
How is DPS interest calculated in Bangladesh?
You pay the instalment at the start of each month and the bank adds interest to the whole balance, usually every month or every quarter. A Tk 2,000 DPS at 9% for 5 years with monthly compounding grows to about Tk 1,51,980 before tax: Tk 1,20,000 you paid and about Tk 31,980 interest. Banks print their own maturity charts, so set the compounding to match yours.
Is there tax on DPS interest?
Yes. The bank deducts source tax from the interest: 10% if you show proof that you filed a tax return (PSR), and 15% if you do not. On the example above that is about Tk 3,198 at 10%. You can count the tax deducted against your income tax for the year.
What is excise duty on a DPS account?
Banks take excise duty once a year from every account whose balance went above Tk 4,00,000 at any time that year. It is Tk 150 up to Tk 5 lakh, Tk 500 up to Tk 10 lakh, Tk 3,000 up to Tk 50 lakh, and more above that. Smaller DPS accounts pay none.
What happens if I break my DPS early?
Most banks pay a lower rate, often the savings rate or nothing at all in the first year, if you close a DPS before maturity, and some charge a fee. This calculator shows a DPS kept to the end; ask your bank for its early closure rules.
Does DPS get an income tax rebate?
Yes. Up to Tk 1,20,000 a year paid into a DPS counts as an allowed investment for the investment tax rebate in Bangladesh. Use the Bangladesh income tax calculator to see what it saves you.
How up to date are the tax and excise rates?
They were last checked in October 2026 against the Income Tax Act 2023 and the Finance Act 2026, which raised the excise-free balance to Tk 4,00,000 from 1 July 2026. Both can change in each June budget.
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