DPS (Deposit Pension Scheme) Calculator

See your maturity amount, total deposits and interest earned.

DPS Details

$
%
yrs

Maturity Amount

Total Deposited
Total Interest
Return (Interest %)
Balance Growth by Year
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DPS Growth Schedule

See how your savings grow month by month.

Month Deposit Interest Balance

How does the DPS maturity amount grow?

Your monthly deposit earns interest every month, and that interest is added to your balance and starts earning interest too. This compounding effect is what makes DPS grow faster than simply adding up deposits.

DPS Calculator FAQ

What is DPS (Deposit Pension Scheme)?
DPS is a long-term savings scheme offered by banks where you deposit a fixed amount every month for a fixed tenure (typically 5 or 10 years). At maturity you receive a lump sum including interest.
Can I withdraw from DPS before maturity?
Most banks allow premature closure but pay a reduced interest rate and may charge a penalty. Some allow loans against the DPS balance. Check your bank's terms before withdrawing early.
What: Deposit Pension Scheme (Bangladesh)
Tenure: 3, 5 or 10 years
Payout: Monthly, quarterly, half-yearly or yearly
Provider: Bank / financial institution

DPS Calculator (Bangladesh) — grow your monthly savings

The Deposit Pension Scheme (DPS) is one of Bangladesh's most popular low-risk savings tools. You deposit a fixed amount every month and receive a guaranteed maturity amount after 3, 5 or 10 years. This DPS calculator instantly converts your monthly deposit, tenure and interest rate into a precise maturity amount, total deposit and interest earned.

How DPS works in Bangladesh

You choose a monthly deposit (commonly 500–50,000 BDT) and a tenure of 3, 5 or 10 years.

Interest is compounded, typically quarterly or monthly, at rates of 4.5–7% depending on the bank and tenure. Longer tenures earn higher rates.

At maturity, banks usually pay the full amount including the final month's compounding. Some banks allow monthly, quarterly or yearly payout options instead, where interest is paid out periodically rather than compounded.

Comparing DPS with FDR and savings accounts

A DPS enforces disciplined monthly saving, unlike a fixed deposit which requires one lump sum.

DPS rates are usually 0.25–1% lower than FDR (Fixed Deposit Receipt) but beat regular savings accounts by 2–3%.

A 10-year DPS with monthly compounding grows substantially: a 2,000 BDT monthly deposit at 6% is worth about 3.3 lakh BDT at maturity, of which interest alone is roughly 92,000 BDT.

How to use this calculator

  1. Enter your monthly DPS deposit amount in BDT.
  2. Input the annual interest rate your bank offers (typically 4.5–7%).
  3. Select the tenure in years (3, 5 or 10 are standard).
  4. The calculator shows your maturity amount, total deposits and total interest earned.
  5. Use monthly compounding for the most accurate result.

Pro tips

  • Choose the longest tenure you can manage — 10-year DPS accounts offer the highest rates and maximum compounding.
  • Set up an auto-debit from your savings account to avoid missed-instalment penalties.
  • Compare at least 3 banks; the 'promotional' rates for new DPS accounts can be 0.5–1% higher.

Advantages & considerations

✅ Advantages

  • Guaranteed returns backed by the bank
  • Develops a disciplined saving habit
  • Withdrawal restrictions protect the goal

⚠️ Considerations

  • Withdrawal before maturity incurs penalties
  • Returns barely beat inflation in many years
  • Interest income above thresholds is taxable

Frequently asked questions

Can I withdraw DPS before maturity?
Most banks allow premature closure after 3 years, but you will receive a reduced rate — often savings account interest or a penalty. The DPS is designed to be held to maturity.
What is the minimum DPS deposit in Bangladesh?
Most banks offer DPS from 500 BDT per month, with maximum monthly deposits typically 25,000–50,000 BDT depending on the bank.
How much interest does a DPS earn?
Rates vary from 4.5% to 7% p.a. depending on the bank and tenure. Government and large private banks usually pay 5–6%, while some Islamic banks offer profit rates up to 7%.