Savings for future is like a pension you earn over the span of your life. Little drops of savings every month can end up with a stream of relief and benefits after a few years. DAM Foundation for Economic Development (DFED) DPS is inspired to build up a big sum on small regular deposits. It offers competitive interest rates and installments at affordable reach of our customers. Simply you save on a monthly basis and get a handsome amount at maturity.  As stand-out feature, DFED DPS gives you full maturity benefit for the just-completed term even though you encash before your desired timeline.

DPS is an installment based savings deposit (on monthly basis) for individual customer. In this account a customer deposit a certain amount of money for a certain period. And on maturity an agreed amount will be paid to the customer. At the same time the applicant must choice a tenor and the amount of monthly deposit.

To open a DPS account customer will fill up a form supplied by the MFI to provide information about him including the information of the nominee of the account with following documents:

• Identification documents of the account holder
• Passport size photograph of the applicant duly attested by the introducer
• Passport size photograph of the nominee duly attested by the account holder