School Savings Account
BENGAL SCHOOL SAVINGS ACCOUNT is mainly designed for the students who are between 06 years to 18 years in Bangladesh. This program will help students to make a habit of SAVINGS. This savings attitude will display savings mind of our young generation. We believe this product will act as game changer in long run.
QUALITY PRODUCT FOR YOU IF YOU ARE A STUDENT
- This account is only for Children but it will be operated by the parents until his/her maturity (18 Years).
- Minimum opening balance is BDT100.00
- Saving schemes can be opened by transferring balance.
- Age between 06 years to 18 years
- No Account Maintenance Fee
- No debit card fee
- Transaction alert facilities on Parent's Phone
ELIGIBILITY:
- Age Limit : 06 years to 18 years
- Citizen of Bangladesh
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Key Value
- No Account Maintenance Fee
- No debit card issuance fee
- Transaction alert facilities on Parent's Phone
- No Renew charge will be applicable as per schedule of Charges.
- Cheque Book is not available in this account.
- Minimum opening amount BDT 100.00
- Daily basis interest calculation.
- BDT 2000.00-5000.00 (BDT two thousand up to five thousand.) Initially, it’s BDT2000.00. But, it could be increased up to BDT5000.00 on request of Applicant’s guardian.
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Eligibility
- This account can be opened in students name with any one of the natural parents as applicant & the other as nominee. Both A/C holder and nominee/guardian/legal guardian will be citizen of Bangladeshi.
- Any person other than natural parents can also be an applicant’s nominee.
- A Minor can also be a nominee under legal guardianship.
- 6 years to below 18 years old.
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Fees & Charges
- Interest will be given as per general product specification and Charges will be deducted as per govt. rule.
