Women play a vital role in the economy of in all sphere of life. As most women are involved in taking care of family, they know better how to plan and manage finance and cash requirements on day-to-day basis. In this regards Padma Bank designed a complete savings account titled "Padmabati".
Features:
| Daily closing balance |
Interest rate |
| Below BDT 10,000 |
0.00% |
| More Than BDT 10,000-BDT 5,00,000 |
5.00% |
| BDT 5,00,001-BDT 25,00,000 |
5.50% |
| More than BDT 25,00,000 |
6.00% |
- Daily profit: To make the product more appealing to the women segment, daily profit will be provided based on day-end balance and profit will be provided on the following day along SMS service alert.
- Account in the name of Minor: Account can be opened in the name of minor, however in that case Parent/Legal guardian will operate the account. Also, Debit card can be issued in the name of minor but the card can be used by the mninor upon consent of Parent / Legal guardian.
- Loan Facility: Lucrative offer if salaried Executives/Entrepreneurs can be offerd up-to 2 lakh Loan.
