BASIC Bank Limited. Serving people for progress
Interest Free Special Savings Deposit Account


It is a special type of saving deposit account of the Bank that allows to deposit money, keep it safe, and withdraw funds, all while getting waiver of various account operation and maintenance related charges and fees. It also promotes the savings habit among the people.

In addition, it can be operated by any religious institutions due to its unique features.

Features:

• Opening deposit is minimum Tk.500/-(Tk. Five Hundred)

• Cheque-book, ATM Service, SMS Alert Service.

• No debit card issue fee, account maintenance fee.

• No debit card renewal fees if daily average balance is Tk.15,000/-(Tk. Fifteen Thousand) for respective interval; i.e. from previous issue/renewal month to next 12 months.

• Minimum deposit balance is Tk.500/-(Tk. Five Hundred).

• Duties and other charges will be applied as per rule.

Interest Free Special Savings Deposit Account may be opened in the name of:

• Individual (Single).

• Two or more Individuals (Joint)

• Minor jointly with Natural / Legal Guardian.

• Any Religious Institution.

Interest Rate:

• Not applicable

Required Information & Documents:

• Duly filled up Account Opening Form.

• NID / Birth Certificate / Valid Passport.

• TIN (if any).

• Two copies of recent passport size Photographs of account holder duly attested by the Introducer.

• One copy of Passport Size Photograph of Nominee duly attested by the Account Holder.

• 2(two) copy recent passport size Photographs of account holder and 2(two) copy recent passport size Photographs of natural / legal guardian duly attested by the Introducer.

For opening Account in the name of minor:

• NID / Birth Certificate / Valid Passport of Natural / Legal Guardian.

• 2(two) copy recent passport size Photographs of account holder and 2(two) copy recent passport size Photographs of natural / legal guardian duly attested by the Introducer.

• One copy of Passport Size Photograph of Nominee duly attested by the legal guardian of account holder.

For opening Account in the name of any religious institution/governing body of religious institutions:
• Copy of minutes of governing body meeting for account management

• Necessary personal details and documents related to account holder(s)



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