BASIC Bank Limited. Serving people for progress
School Banking Account


School banking is a specially designed deposit product for the students with a vision to increase their savings habit and familiarize young generations with banking. The scheme is a savings account in nature and will be treated as minor account.

Features:

* Opening deposit is minimum Tk.100/-(Tk. One Hundred).

* There will be no charges and no minimum balance requirement to maintain the account.

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

* Taxes and duties will be applied as per govt. rule.

School Banking Account may be opened in the name of:

* A student who is under 18 years old jointly with his/her Natural / Legal Guardian.

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.

* School ID Card / Pay-slip / School Certificate of the Student.

* Birth Certificate of the Student.

* 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.

NB: Parents of the student could be both legal guardian & nominee of the account.


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