From time immemorial, habit of savings is built in nature. Ants save food, Camels save water, Bees save honey, We save money. School banking is a special product designed by OBL only for the students with a vision to inculcate savings habit and familiarize young generations with banking transactions.fixed deposit of Tk.5,000/ or its multiple for your chosen tenor. The product is a savings account in nature named "Student Savings Account (Minor)" with full of ease.
Features of the product:
Daily Interest: Interest will be calculated on daily balance and credited to the account on half yearly basis.
No Charges: There will be no charges and no minimum balance requirement to maintain the account.
ATM Card: Each account holder will receive an ATM Card at free of cost and no fees on renewal will be required.
Special Kit: Each account holder will be warmly greeted with a special attractive kit containing a pen, a notebook, a deposit book and ATM card holder.
Reward: Reward comes with every century. Monthly highest depositor will be rewarded with attractive gift voucher subject to opening of 100 accounts of the school.
Banking at School: Arrangement may be made with the school authority that OBL officials would be present in the school premises, at a prearranged time, to enable the students to deposit money to their bank account even at school premises, in addition to the bank branches.
Rules:
 | A specially designed simple Account Opening Form will be available at the school or at any nearby OBL branhces. | | Photograph duly attested by the institution authority/bank official/any person acceptable to OBL. | | Guardian must give consent to open the account in the Account Opening Form. | | Opening Deposit as minimum as Tk.500/- |
Future plan:
OBL has planto make arrangement with the school authority so that students/guardians can deposit the required school fees at any OBL branhces suitable for them or through Student Savings Account. |
