Hello everyone, I am @sk-shakil how is everyone? I hope everyone is well by the grace of God. I am also well by the grace of God. Earlier I discussed my views on the initial safety of steam in my Achievement-3. Today I am here to complete my Achievement-4.

I am moving forward in a very nice way with your cooperation. Thank you all.

Today I will discuss with you whether keeping money in our bank will benefit or harm us.

The interest rate that is coming by keeping money in the bank is not going to cover the deficit of this inflation. Consumers may be getting interest as money, but considering inflation and the purchasing power of money, the principal is actually declining at the end of the year.

At present, the interest rate on one-year fixed deposits in Bankveda is a maximum of 7 per cent. Of this, Tk 3,000 was deducted due to having Tax Identification (TIN) number. If there was no TIN, 4 thousand rupees would have been deducted. And 250 rupees is deducted per year for account management. 300 more for check book. There is a 15 percent tax on it, which is 82 rupees 50 paise. And every year the government deducts excise duty of 500 rupees.

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Since April last year, Bangladesh Bank has fixed the interest rate on all types of loans except credit cards at 9 percent. After that, the banks suddenly reduced the interest on all types of deposits to retain the income. Now the maximum interest on one year term deposit is 6 percent. In the long term, the maximum interest is 6 percent. However, most of the customers keep one year term deposits. Inflation, one of the main indicators of the economy, rose to 6.5 percent last October, but fell to 5.52 percent in November. On a point-to-point basis in December, general inflation eased slightly to 5.29 percent.

2 lakh 155 rupees per month for 5 lakh rupees. Earlier it was 3 thousand 733 rupees. His income has decreased by 1 thousand 6 rupees per month.