Padma Bank rolls out new product

In the month of victory, Padma Bank has unveiled its new product named 'Bijoy-71'.

To celebrate the Victory Day with its clients, Padma Bank has offered its clients an opportunity to open a fixed deposit plan at 9.0 per cent interest rate in just 71 days, says a press release.

The product was formally inaugurated at the bank's Head Office in Gulshan recently. In just 71 days, customers will receive a year's worth of profit rate.

Mir Shafiqul Islam, Head of Retail Banking Division, noted this as another success and stated that victory calls for celebration. Even a few days ago, no consumer could have considered a fixed deposit with an incredible rate in such a short period of time. It is now a reality that Padma Bank customers are highly satisfied with such product offerings.

Besides, Padma Bank recently introduced a new monthly savings scheme. The starting amount is from Tk 500 and its multiples to Tk 25,000 for a period of 3, 5, 8, and 10 years. Under this special offer, the customer will receive 11 to 14 per cent interest rate.