Parama Uddokta

Parama Uddokta is a current account.

Minimum/Initial deposit amount to open the account: BDT 1,000.00
Interest calculation & payment: Interest to be calculated on monthly average balance and to be paid in account on half yearly basis
Number of weekly withdrawal: Any number of weekly withdrawals is allowed
Withdrawal amount: Any amount but zero balance is not allowed

Eligibility

Any Bangladeshi female citizen with NID or Photo ID documents
Minimum age 18 years

Key Benefits

Competitive Interest Rate
Free Internet Banking
Multi-Currency debit Card
Locker facility with discounted price
SMS Banking
Free Cash withdrawal at all local ATMs

Required Documents

Duly filled and signed bank's prescribed account opening form
Two copies of recent Passport size photograph of applicant (s) attested by the introducer
Copy of Passport / National ID / Birth Certificate (supported by valid Photo ID to be obtained as per BFIU, Bangladesh Bank guideline) of the applicant
One copy of recent Passport size photograph of the nominee attested by the applicant(s)
Copy of Passport / National ID / Birth Certificate (supported by valid Photo ID to be obtained as per BFIU, Bangladesh Bank guideline) of the nominee
Copy of TIN Certificate of the applicant

Additional Documents (Proprietorship Firm):

Copy of valid Trade license

Additional Documents (Partnership Firm):

Copy of partnership deed (registered).
Copy of valid Trade license.

Additional Documents (Limited Company Private or Public):

Copy of Passport / National ID / Birth Certificate (supported by valid Photo ID to be obtained as per BFIU, Bangladesh Bank guideline) of all the directors
Copy of valid Trade license
Copy of Certificate of incorporation, memorandum and articles of association
Board resolution for opening and operation of bank A/c as per articles of association
Copy of TIN certificate of the company
Copy of TIN certificate of all the directors
In case of public limited company copy of certificate of commencement of business

Frequently Asked Questions (FAQ)

1. What is the minimum age to apply for Parama Uddokta Account?

Answer: Minimum 18 years.

2. What is the minimum initial deposit?

Answer: BDT 1,000.

3. What is the interest rate of Parama Uddokta account?

Answer: 2%

4. What is interest calculation method?

Answer: Interest will be calculated on monthly average balance and paid on half yearly basis.

5. How many withdrawals are allowed in a week?

Answer: You can withdraw as many times as you want.

6. Can I withdraw any amount?

Answer: Yes. But zero account balance is not allowed.

7. Is there any internet banking charge?

Answer: No. Internet Banking is completely free.

8. Is there any charge on cash withdrawal from local ATMs?

Answer: No. Cash withdrawal is completely free at all local ATMs.

9. Will I get a debit card?

Answer: Yes, you will get a Parama debit card.

10. Does the debit card feature multi-currency?

Answer: Yes. The debit card is multi-currency .

11. Is there any special discount on locker facilities against this account?

Answer: Yes. You can get 10% discount on regular locker rent.

12. Can I open a joint account?

Answer: Yes. You can open a joint account (both applicant should be female).