It is a product for senior citizens segment of the country who are in the age of 60 and above under Modhumoti privilege banking
Retail Banking, once considered unreachable, is today a means of fulfilling the growing aspirations of Bangladeshi middle class and higher-middle class segment in the society which comprises mainly of the employees of different levels of different organizations.
Since banks need to come up with innovative products in this era of fierce competition, in pursuit of an edge in retail deposit collection, Modhumoti Bank Limited has decided to introduce “Modhumoti Borshiyan Savings Account”, a specially designed deposit product to attract the Senior Citizens segment of the country.
Modhumoti Bank will provide different facilities with this product to the senior citizens. In every branch there will be a special counter/privilege lounge for the Senior Citizens and extra care and service to be ensured for them.
At the time of opening saving a/c, they can avail 1% extra interest from regular savings rate & 0.50% Higher than Usual Rates on FDR. Besides, smart VISA debit card facilities will be available including free internet banking facility (Now only view option is provided for this accounts for IB) and cheque book facilities as well. First cheque book containing 20 leaves free of cost. Foreign Remittance can be credited to this account. However, no statement cost will be charged. All these are available at all branches and digital pints of Modhumoti Bank Limited.
Banks, completely in contrast to the scenario of five years back, are leaning heavily towards this particular sector due to various factors like diversification of risk, increasing need of individuals due to change in lifestyle and living standards, slow growth in investment and business owing to global economic recession etc.
Modhumoti Bank Limited is always exceptional comparing with others and ready to fulfill the growing aspirations of country people.