BASIC Bank Limited. Serving people for progress
Savings Deposit Account


Savings Deposit Account is a basic type of bank account that allows to deposit money, keep it safe, and withdraw funds, all while earning interest. It also promotes the savings habit among the people.

Features:

* Opening deposit is minimum Tk.200/-(Tk. Two Hundred)

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

* Taxes and duties will be applied as per rule.

* State owned organization/project funds/govt. program, etc. related account may be opened without any initial balance.

Savings Account may be opened in the name of:

* Individual (Single).

* Two or more Individuals (Joint)

* Minor jointly with Natural / Legal Guardian.

* Clubs / Societies / Associations or Similar Institutions / non-profit organizations and others.

Interest Rate:

* 4.00% p.a.

*Interest rate is subject to change from time to time.

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.

For opening of Savings Deposit Account in the name of Club / Societies / Associations or Similar Institutions / non-profit organization, etc.:

* Copy of constitution / by-law / code of conduct of the concern

* Copy of minutes of managing committee / governing body meeting for account management

* Declaration.


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