Chanchal don't put loose money was a popular slogan a few years back. The main message behind this slogan was to encourage people to keep their savings in financial institutions permanently. Fixed deposit is usually kept for a specified period of time, such as one month, three months,  six months, one year or more. MicroFinance institutions usually pay interest or profit to the depositor at a specified rate for the fixed deposit. This deposit is sometimes also referred to as a time deposit. The money from this account cannot be withdrawn before the specified maturity date. If the deposit is withdrawn before the maturity date, the depositor may have to pay a penalty like they will not be given any interest or in exceptional cases limited interest are given to them. 

All of these activities are efficiently managed and secured through the MicroFinance Management Software Bangladesh - MFMS BD software. It will assist in the financial operations of your organization, including keeping track of the permanent investment amount, interest rate, and specified time period.

For more information, please contact and place an order:

📞Call: +88 0258157287

+88 01723249951

📧Email: info@mfmsbd.com

For further details, visit our website:

🌏Visit: https://www.mfmsbd.com

Demo: https://www.mfmsbd.com/registration