A Saving Bank account (SB account) is meant to promote the habit of saving among the people. It also facilitates safekeeping of money. In this scheme fund is allowed to be withdrawn whenever required, without any condition. Hence a savings account is a safe, convenient and affordable way to save your money. Bank also pays you a minimal interest for keeping your money with them.

Choose the savings account to suit you from our wide range of options.Enjoy convenient, instant access to your savings account at your branch, over the phone or via the internet. These accounts have attractive interest rates.

Types of Savings Deposit Account:

Rules of Savings Account

1. A. Any person/persons of the age of majority and sound mind can open account single or jointly. The balance shall be payable to him/her/them or the survivor of the joint account. A guardian can open such account on behalf of a minor.
   
   B. Clubs, Societies and other similar organisations can open such account on production of their Bye-Laws, Articles of Association, and resolution thereof.
   
   C. Introduction is necessary while opening Savings Account

2. No one shall be allowed to open more than one Savings Bank Account in the same name into a particular branch.
    
3. Every Savings Bank Account shall have a separate account number.
    
4. Withdrawl of cash shall be allowed only through the leaves of the cheque book supplied by the Bank.
    
5. A minimum initial deposit of TK. 500/- shall be  rquired for opening Saving  Bank Account.
    
6. Interest payable on daily/minimum balance shall be credited in June and December every year.
    
7. The interest rate is 6%.
    
8. The bank will, as per Govt. directives, realise all taxes/ surcharges/ levies at fixed rate annually or otherwise as decided by the Govt.
    
   
9. Signature of the Client on cheques fro withdrawal of money must tally with the specimen signature recorded with the Bank.
    
10. In case of closure  of any account within 6months from the date of opening of the same, the bank shall deduct TK. 50/- from the account as closing charge.
     
11. The bank reserves the absolute right to alter/amend these rules of Saving bank Account as well as rate of interest from time to time.
     
12. The Bank reserves the right to close any account if the operation appears to be unsatisfactory or on other genuine grounds without assigining any reason thereof

 

Requirements to apply for Savings Account

Individual:

Following papers / documents are to be required for opening an account in the Individual / Joint name :-

• 2 (Two) passport size photographs duly attested by the introducer
• Passport / Identify card / Employer’s certificate / Word comissioner certificate
• Introducer

Joint:

Following papers / documents are to be required for opening an account in the Individual / Joint name :-

• 2 (Two) passport size photographs duly attested by the introducer
• Passport / Identify card / Employer’s certificate / Word comissioner certificate
• Introducer

Club:

• Photocopy of Registration certificate certified by Chairman/Secretary
• Copy of constitution/ Bye Laws of the Club/ Society/ Association duly certified by Chairman/ Secretary. Certified copy should also be verified with the original by concerned Bank Officials under seal and signature
• Resolution of the managing committee/ Executive Committee authorizing opening the A/C with the Bank naming the persons who will operate the A/C
• List of Members of Managing Committee/ Executive Committee duly certified by Chairman/ Secretary

Society:

• Photocopy of Registration certificate certified by Chairman/Secretary
• Copy of constitution/ Bye Laws of the Club/ Society/ Association duly certified by Chairman/ Secretary. Certified copy should also be verified with the original by concerned Bank Officials under seal and signature
• Resolution of the managing committee/ Executive Committee authorizing opening the A/C with the Bank naming the persons who will operate the A/C
• List of Members of Managing Committee/ Executive Committee duly certified by Chairman/ Secretary

Others :

• Photocopy of Registration certificate certified by Chairman/Secretary
• Copy of constitution/ Bye Laws of the Club/ Society/ Association duly certified by Chairman/ Secretary. Certified copy should also be verified with the original by concerned Bank Officials under seal and signature
• Resolution of the managing committee/ Executive Committee authorizing opening the A/C with the Bank naming the persons who will operate the A/C
• List of Members of Managing Committee/ Executive Committee duly certified by Chairman/ Secretary