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Over 300k women using bKash for savings scheme

July 14, 2023 00:00:00


Savings trend among the women is gaining momentum, thanks to the convenience of availing monthly savings schemes through bKash app that does not require to go to bank counters or even having any account.

Digital savings service has gained huge popularity among all especially women as they get everything, including opening savings schemes of banks and financial institutions of their choice or depositing monthly instalments in bKash app, says a press release.

Taking the benefit of digital savings, more than 300,000 women have already opened savings schemes of four banks and a financial institution through bKash app to ensure financial security of their own and family.

Women can easily avail these savings schemes of small amount ranging from Tk 500 to Tk 3,000 which is making their financial management easier and augmenting their participation in financial activities. They are inclined to saving for their future security, children's education, business purpose, travel, medical treatment, donations or various personal and social needs.

Currently, customers can avail monthly savings schemes from IDLC Finance, Mutual Trust Bank (MTB), Dhaka Bank, City Bank and Brac Bank through bKash app. They can avail monthly schemes 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.

From opening savings account to depositing monthly instalments, customers can receive the total amount upon maturity through bKash app. Even a customer can withdraw savings amount at any stage through bKash app.

A customer availing a saving scheme will be notified before each due date to keep sufficient balance in the account. They can also see all the important information 'Live' from the bKash app, including total savings amount, savings period, and profits. Customers can also Cash Out the full amount including interest without any charge.


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