DPS Calculator
ডিপিএস ক্যালকুলেটর
Plan a monthly Deposit Pension Scheme: see how much it grows, the interest you earn, and the rate needed to hit a target — all in ৳.
A one-time opening deposit, if any.
Amount you save every month.
Total number of monthly deposits.
Yearly rate offered by the bank.
How your bank calculates interest
Compounded, interest credited monthly · start-of-month deposits
How your bank calculates interest
Compounded, interest credited monthly · start-of-month deposits
Defaults match how most Bangladeshi banks work — only change these to match a specific bank's exact quote.
Interest type
Most banks compound monthly (EBL's tables match this exactly). A few quote simple interest, where each installment earns a flat rate until maturity (City Bank quotes match this). Not sure? Keep the default, or use Interest Rate mode with your bank's quoted maturity.
Interest credited
How often earned interest joins your balance and starts earning interest itself. Same advertised rate, different maturity: monthly crediting grows fastest (matches EBL), some banks credit quarterly (City Bank's online calculator) or only once a year (DBBL) — a lower result at the same quoted rate.
Deposit timing
When the bank treats each installment as arriving before charging interest. Most start it the same month you pay (the default); a few only count it from the next month, so it earns one month less. Leave it on Start of month unless your bank's quote comes out lower.
Results update as you type — no button to press.
Compare multiple DPS plans side by sideTax & charges(estimate)
- Total deposited
- ৳1,80,000
- Total interest
- + ৳24,029
- Maturity before tax
- ৳2,04,029
- Source tax on interest (10%)
- − ৳2,403
- Excise duty (over full term)
- − ৳0
- Net interest you keep
- ৳21,626
- Final total you receive
- ৳2,01,626
Upper-bound estimate. A government-approved DPS may be partly or fully exempt from source tax, and banks differ — confirm with your bank. Excise duty uses FY2025-26 slabs and is charged yearly on each year's highest balance.
How we got here
Every step, in plain language — so you know exactly how your DPS grows.
How we got here
Every step, in plain language — so you know exactly how your DPS grows.
Your deposits
৳5,000 a month × 36 months
৳1,80,000
Interest, year by year
Each installment starts earning the month you pay it, at 0.67% a month (8% ÷ 12), and the earned interest joins your balance every month — from then on it earns interest too. That's why later years earn more — the balance they grow on is bigger.
- Year 1 — balance grows to ৳62,665+ ৳2,665
- Year 2 — balance grows to ৳1,30,530+ ৳7,866
- Year 3 — balance grows to ৳2,04,029+ ৳13,499
= Maturity before tax
Your ৳1,80,000 of deposits plus all ৳24,029 of interest above. This is the gross figure banks quote in their tables.
৳2,04,029
− Source tax (10%)
10% (you have a TIN) of your ৳24,029 interest. The bank deducts it at source — your own deposits are never taxed.
− ৳2,403
What you take home
Maturity before tax, minus source tax. Excise duty is excluded here.
৳2,01,626
Each installment starts earning at the start of the month it is paid in, and interest compounds monthly — the method behind EBL's maturity tables (most banks work this way). Tax and excise are upper-bound estimates; a government-approved DPS may be partly exempt.
Growth over time
Growth over 3 years: total invested reaches ৳1,80,000 and the maturity value reaches ৳2,04,029.
Assumptions used
- By default interest is compounded monthly at (annual rate ÷ 12) — the method behind EBL's maturity tables and most banks. A toggle switches to simple interest per installment, which some banks' quotes follow (e.g. City Bank).
- Under the compound method, a second toggle sets how often earned interest is credited to the balance — monthly (default, matches EBL), quarterly (matches City Bank's online calculator) or yearly (approximates DBBL, which accrues daily). Less frequent crediting lowers the maturity at the same advertised rate.
- Each monthly deposit is the same amount and made every month for the full duration.
- Each installment is credited at the beginning of its month and earns interest for that month (annuity due) under either method.
- The net figures deduct estimated source tax (10% with TIN, 15% without) and yearly excise duty; excise can be excluded if your bank debits it from a linked account instead. The maturity before tax is shown in the breakdown.
Good to know
Tax & charges are estimates, not exact
The net payout deducts source tax on the interest and the yearly excise duty (আবগারি শুল্ক) using FY2025-26 rules. Banks differ, though — a government-approved DPS may be partly or fully exempt from source tax — so confirm the exact deductions with your bank.
Missed installments matter
Most banks penalise or pause a DPS if you miss monthly deposits. This calculator assumes every installment is paid on time.
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OpenFrequently asked questions
What is a DPS?
A Deposit Pension Scheme (DPS) is a recurring savings plan where you deposit a fixed amount every month for a set term and receive the principal plus accumulated interest at maturity.
How is DPS maturity calculated?
Each installment is credited at the start of its month and, by default, earns compound interest at the monthly rate (annual rate ÷ 12) until maturity — the method behind EBL's maturity tables and most banks. Any opening deposit compounds the same way.
Why does my bank's quote differ from the calculator?
Banks don't all use the same method, even at the same advertised rate. Some quote simple interest instead of compound (City Bank's customer quotes match this), and among compounding banks the crediting frequency differs — EBL credits interest monthly, City Bank's online calculator quarterly, and DBBL only yearly, so a ৳10,000/month, 10-year DPS at 9.5% matures at roughly ৳20.07, ৳19.98 and ৳19.64 lakh respectively. Use the method and crediting toggles to match your bank, or enter the bank's quoted maturity in Interest Rate mode to see the true equivalent rate.
Can I find the rate from a maturity figure?
Yes. Switch to ‘Interest Rate’ mode, enter your monthly deposit, duration and the maturity amount you were quoted, and say whether that figure is before or after tax — the calculator estimates the equivalent annual rate either way.
Does the result include tax?
Yes — the net maturity deducts estimated source tax (10% with TIN, 15% without) and yearly excise duty. The breakdown also shows the maturity before tax, which is the figure bank tables usually quote.
Results are estimates for general guidance only and are not financial advice. Rates, tax rules and product terms change — always confirm the latest figures with your bank or Bangladesh Bank / National Savings before making a decision.