Padma Bank has launched a new monthly savings scheme, allowing customers to start with amounts ranging from 500 to 25,000 for 3, 5, 8, or 10 years, offering a competitive interest rate of 13%. Additionally, the bank introduced the Double Benefit Scheme, doubling depositors’ money in a five-year-and-six-month tenure. Another initiative is the Monthly Income Scheme, providing depositors with Tk 1,060 for every Tk 100,000.
Head of Retail Banking Division, highlighted the bank’s commitment to offering diverse savings options, emphasizing the importance of timely savings for future financial strength. Padma Bank aims to support customers in achieving their dreams by providing both short- and long-term savings facilities.