bKash has facilitated Dhaka Bank and Mutual Trust Bank (MTB) customers to avail savings scheme through bKash accounts from anywhere in the country, a press release said Tuesday.
Customers can open savings schemes of different tenures and amount of these two banks in just a few minutes from the comfort of their homes, avoiding the hassle of paper documents or forms.
With this, people outside the banking channel can now open savings account easily without going to the bank counters.
To open savings account, customers need to click on ‘Savings (in bank and financial institution)’ icon from the home screen of bKash app and follow some easy steps. They can avail the savings schemes in monthly installments of Tk 500, Tk 1,000, Tk 2,000 and Tk 3,000 starting from a minimum period of two years to a maximum of four years. After maturity of the scheme, customers can Cash Out the entire amount including profit from their bKash account without any charge.
The savings instalments will be automatically transferred from bKash account to Dhaka Bank or MTB on a specific date of each month. Customer will be notified before each due date to keep sufficient balance in the account and will be able to see all the important information ‘Live’ from the bKash app, including total savings amount, savings period, and profits.
Customer, who is currently registered through e-KYC, can avail this Savings service using bKash app can update their account information through bKash app.
Emranul Huq, MD and CEO of Dhaka Bank said, “ marginalized people, who are outside the financial inclusion, will be able to deposit their hard-earned money in a completely hassle-free and secure way with the help of technology and without coming to the bank.”
Syed Mahbubur Rahman, Managing Director & CEO of MTB said, “ In a bid to encourage this perspective, MTB and bKash have jointly made Savings easier, more comfortable and safer using the latest and secured technology.”
Kamal Quadir, CEO of bKash said, “Utilizing the latest technology, bKash has partnered with banks and financial institutions to make Savings more accessible and convenient for the customers.”