Financial inclusion has been viewed as an important function of banks to reach the poor, marginally poor, destitute/disaster affected/landless section, small business people and small income occupants. This is a specific type of account for Ultra Poor unbanked section of the society who are still outside banking net and Corporate Social Activity on part of the bank, as directed by Bangladesh Bank.
Bangladesh is an agricultural land and this fertile land is cultivated by farmers. It is also a land of rivers and our fisherman community work hard throughout the year to earn their livelihood. So different types of customers like Fishermen, Farmers, Garment Workers, Street businessmen and those are situated at dispersed location will also include in this group. Though, these groups of people earn livelihood and contribute significantly to our economy, these group of people are not under the purview of banking system. To include these groups of people, Padma Bank has come forward with Padma Tk 10 Account.
Features:
- Transaction through account vouchers
- No Account Maintenance Service Charge
- Minimum balance to open the account: Tk 10 and no minimum balance is required to maintain.
- Can open account through Padma Bank’s all Distribution Channels like Branch, Sub Branch, Agent Banking (through bio metric thumb impression), Digital Banking, app, Internet Banking, etc
- Cash withdraw/deposit.
- Taka transfer through any mode like BEFTN, NPSB and RTGS. Necessary charges will be applicable as per approved Schedule of Charges.
- Cheque Book, Debit Card, SMS Banking, Internet Banking facility available for fees and charges. Customers account will be charged while giving request for services. As per Banks schedule of Charges, the prevailing charges of all services are applicable.
- Can apply for loan facility.
- Source of fund not mandatory
All other Terms and conditions of General Savings account will be remain same.
Target Customers:
Small, marginal, landless farmers, low salaried employees , destitute people displaced to natural disaster, Street Businessmen, Fishermen, micro business people, small income occupants, etc.
- Those have NID/ Govt authority certification
- Citizenship: Bangladeshi
Requirements:
For all accounts except minor:
- Duly filled-in application form hard copy or soft copy
- Standard KYC profile
- Two (2) copy photo of the applicant
- One (1) copy photo of the nominee attested by applicant
- NID/ Govt Certified papers of applicant & nominee
- Any Other Documents Deemed Necessary
For Minor account:
- Photo attached Birth Certificate of account holder
- 2 copy recent passport size photograph of account holder to be attested by the Introducer.
- Copy of NID of guardian/legal guardian.
- 1 copy recent passport size photograph of Legal Guardian
