Agrani Bank – Student Super Savings Scheme

Agrani Bank Student Super Savings Scheme

Agrani Bank emerged as a Nationalized Commercial Bank following the Bangladesh Banks (Nationalization) Order 1972 vide President’s Order No. 26 of 1972 under which former Habib Bank Limited and Commerce Bank Limited and renamed as Agrani Bank. The Bank was incorporated as a State-owned Commercial Bank on 17 May 2007 under the Companies Act 1994. On a going concern basis, Agrani Bank Limited took over the business, assets, liabilities, rights and obligations of Agrani Bank through a vendor’s agreement signed on 15 November 2007 between the Ministry of Finance of the People’s Republic of Bangladesh and the Board of Directors of ABL with retrospective effect from 01 July, 2007.

Scheme Tenure:  4, 6 & 8 Years.

Monthly Installment:

• For 4 year tenure 500, 1000,  2000 TK
• For 6 year tenure 500 ,1000,  2000 TK
• For 8 year tenure 500 ,1000,  2000 TK

Installment Payment time: Entire Month.

Eligibility:

• Must be a student having minimum 18 years age or above. Below 18 years student account can be opened / operated by guardians.
• Joint name account facility is not applicable for this scheme.

Interest Rate: 

• For 4 year tenure 6.50 %
• For 6 year tenure 7.00 %
• For 8 year tenure 7.25 %

Bonus:

• Same amount of monthly installment will be given as bonus & it will be given as per duly payment of all installments.

Required Documents

• Student ID card attested by institutional head.
• Attested photocopy of Passport / Birth Certificate /National ID Card of the account holder.
• 2 copies of passport sized photo of the account holder.
• 1 copy of passport sized photo of the nominee attested by the account holder.