Padma Bank Limited has introduced a fixed
deposit scheme for only 125 days for which customers now do not have to wait
for long to enjoy the benefits of fixed deposits like in banks.
The Interest rates will be available up to 9.50 percent.
Padma Bank Limited recently launched the two fixed-deposit products. This
gives customers an opportunity to get their deposit back in a short period of
time.
The schemes are Padma Elegant and Padma Professional. Besides, there is Padma
Mousum deposit for those who are contributing in the agri and agro sector.
Customers can manage their savings accounts in Taka 50 monthly installments,
said a press release here today.
Padma Elegant: This scheme was launched recently to encourage women to save.
This special deposit scheme has been designed keeping in mind the various
benefits of women. The fixed deposit scheme is for 125 days at an interest
rate of 8 to 9.50 percent. Any Bangladeshi woman above 18 years of age can
manage this scheme.
Padma Professional: This fixed deposit scheme is specially designed for
doctors, engineers, architects, and chartered professionals. The 125-day
fixed deposit account can be opened at a maximum rate of 9.5 percent for any
amount starting from Taka 50,000.
Padma Mousum: Padma Bank Limited has taken a great step to honor those who
keep the wheels of the country's economy moving by producing food. The Padma
Mousum Schemes has been launched for them. The scheme is for those who work
in the agriculture, poultry, and fisheries sectors. This account can be
opened with as little as Taka 50 and as much as Taka 10,000. Interest rates
will be available up to a maximum 10 percent.
The release said Padma Bank Limited has a total of 18 schemes with various
tenures and attractive rates, including Padma Elegant, Padma Professional and
Padma Mousum.
Source: Bangladesh Sangbad Sangstha