Dhaka, Bangladesh (BBN)– Eastern Bank Ltd. (EBL) introduced an instant account opening solution –EBL INSTA Account—for the first time in Bangladesh under e-KYC guideline on Sunday.

The leading private commercial bank (PCB) launched the solution to help customers and employees maintain maximum possible social distancing during COVID-19 pandemic.

Interested person can opened such account within a minute, according to the EBL.

“This account will be opened with the NID of the customer, and will offer debit card as well as free cheque book facilities,” an EBL senior official said.

He also said EBL Insta Account comes in both Current and Savings variant, and is available in all EBL Branches.

“This initiative will minimize the total time spent by customers in the bank, while ensuring them top quality digital banking solutions,” the private banker explained.