NRB Bond

Investment facilities through Bonds

Non Resident Bangladeshis have opportunities to invest their money in different bonds like Wage Earners’ Development Bond, U.S. Dollar Premium Bond and U.S. Dollar Investment Bond to earn attractive profit.

Eligibility for Applicant - BOND

-   Any Bangladeshi wage earner, having NID/PASSPORT can purchase in his/her own name,
-   In the name of a beneficiary, having NID of the wage earner residing in Bangladesh

  • any employee of the Government or of a statutory, autonomous, semi-autonomous body working abroad on lien.
  • Government employees working in the High Commission of Bangladesh in abroad

-  Student VISA not eligible for any Bond

Eligibility for Nominee

-   Having NID
-   Cop of NID – Nominee

  • If the nominee is a minor, an identifier's NID & DOB will be required
  • One Nominee can be assign per registration.

 

Non-Eligibility for Applicant

  • Expatriates But Permanently Residing in Bangladesh.
  • A Non Resident received incentives against foreign remittance – FE Circular -36: 30-09-2020
  • A Foreign Pension Holder , residing in Bangladesh
  • A  beneficiary of Service Benefit of wage earners – After death of wage earners
  • Mariner, pilot, Cabin crew of foreign shipping/ air ways Company
  • Mariner, pilot, Cabin crew of foreign office of Bangladeshi shipping/ air ways Company
  • Non-resident with student VISA.
  • Student VISA not eligible for any Bond
Bonds
Name
Start to
02-12-2020
03-12-2020 To
03-04-2022
04-04-2022
TO Now
WEDB Unlimited 01 crore BDT
( WEDB+DIB+DPB)
01 crore BDT
( WEDB+BSP+3MS+FSP)
DIB Unlimited 01 crore BDT
( EDB+DIB+DPB)
Unlimited
DPB Unlimited 01 crore BDT
( WEDB+DIB+DPB)
Unlimited
  • Application Form for Diaspora Bond Investment
  • Copy of NID – Applicant
  • Copy of passport –with the page of arrival & departure seal
  • Copy of VISA - (NO VISA REQ/WORKPERMIT/ RESIDENCE/ BUSINESS/PROFESSIONAL/ DIPLOMATE/ IMMIGRATION) 
  • Cop of NID – Nominee
  • Photograph of Both
  • Bank related Information:
    1. Pay in Account: FCY/BDT
    2. Pay out Account: BDT

Wage Earners’ Development Bond (WEDB)

Diaspora Bonds (Wage Earner Development Bond, US Dollar Investment Bond and US Dollar Premium Bond) are the financial instruments/savings schemes introduced by Internal Resources Division (IRD) and supervised by National Savings Directorate (NSD) under IRD, Ministry of Finance. IRD formulates policies related to NRB Savings Schemes entirely as a part of national fiscal policy regulated and implemented by Bangladesh Government. Bangladesh Bank (BB) as monetary policy authority of Bangladesh and an indispensable organ of Peoples' Republic of Bangladesh, supports government in administrative and operating activities mainly payment mechanism of NRB Savings Schemes through its regulatory authority over the entire banking system. It disseminates formulated policies for the banking system through issuing circular/circular letters. In addition, it clarifies the queries and settles complains raised from the different stakeholders (issue offices, investors etc.) as per existing Bond rules and related guidelines set by the aforesaid authorities. In accordance with the directive of Finance Division, Ministry of Finance, Diaspora Bond related services have been automated under the umbrella of National Savings Scheme Management since 31 Nov 2021. Manual issuance of new NRB Bonds is closed down from this date.

Wage Earner Development Bond (WEDB) is one of Diaspora Bonds issued only in BDT against foreign remittance sent by Wage Earner gainfully employed in abroad. Earned profits of WEDB are only payable in BDT. Invested Fund and earned interests are tax-exempted. Subject to the compliance of WEDB rules, WEDB principal amounts can be repatriated upon maturity as per existing guidelines of Bangladesh Bank.

Click here to see Wage Earner Development Bond features.

The U.S. Dollar Premium Bond

Diaspora Bonds (Wage Earner Development Bond, US Dollar Investment Bond and US Dollar Premium Bond) are the financial instruments/savings schemes introduced by Internal Resources Division (IRD) and supervised by National Savings Directorate (NSD) under IRD, Ministry of Finance. IRD formulates policies related to NRB Savings Schemes entirely as a part of national fiscal policy regulated and implemented by Bangladesh Government. Bangladesh Bank (BB) as monetary policy authority of Bangladesh and an indispensable organ of Peoples' Republic of Bangladesh, supports government in administrative and operating activities mainly payment mechanism of NRB Savings Schemes through its regulatory authority over the entire banking system. It disseminates formulated policies for the banking system through issuing circular/circular letters. In addition, it clarifies the queries and settles complains raised from the different stakeholders (issue offices, investors etc.) as per existing Bond rules and related guidelines set by the aforesaid authorities. In accordance with the directive of Finance Division, Ministry of Finance, Diaspora Bond related services have been automated under the umbrella of National Savings Scheme Management since 31 Nov 2021. Manual issuance of new NRB Bonds is closed down from this date.

US Dollar Premium Bond (USDPB) is issued in favor of Foreign Currency (FC) account holder against the foreign remittance to the account. It has the special feature of principal repatriation after maturity. Earned interest against invested amount is only payable in BDT. Invested Fund and earned interests are also tax-exempted.

Click here to see US Dollar Premium Bond features.

 

The Bond may be issued in the name of a holder of a non-resident account against remittances from abroad to the account.

The U.S. Dollar Investment Bond

Diaspora Bonds (Wage Earner Development Bond, US Dollar Investment Bond and US Dollar Premium Bond) are the financial instruments/savings schemes introduced by Internal Resources Division (IRD) and supervised by National Savings Directorate (NSD) under IRD, Ministry of Finance. IRD formulates policies related to NRB Savings Schemes entirely as a part of national fiscal policy regulated and implemented by Bangladesh Government. Bangladesh Bank (BB) as monetary policy authority of Bangladesh and an indispensable organ of Peoples' Republic of Bangladesh, supports government in administrative and operating activities mainly payment mechanism of NRB Savings Schemes through its regulatory authority over the entire banking system. It disseminates formulated policies for the banking system through issuing circular/circular letters. In addition, it clarifies the queries and settles complains raised from the different stakeholders (issue offices, investors etc.) as per existing Bond rules and related guidelines set by the aforesaid authorities. In accordance with the directive of Finance Division, Ministry of Finance, Diaspora Bond related services have been automated under the umbrella of National Savings Scheme Management since 31 Nov 2021. Manual issuance of new NRB Bonds is closed down from this date.

US Dollar Investment Bond (USDIB) is issued in favor of Foreign Currency (FC) account holder against the foreign remittance to the account. It is the only saving scheme in Bangladesh has the special feature of principal as well as interest repatriation. Principal amount after maturity and earned interest at any time can be repatriated subject to the compliance of USDIB guidelines. Invested Fund and earned interests are also tax-exempted.

Click here to see US Dollar Investment Bond features.

The Bond may be issued in the name of a holder of a non-resident account against remittances from abroad to the account.