Dhaka, Bangladesh (BBN)-Pubali Bank has offered a convenient savings scheme named “Sadhin Sanchay” for clients at the Banking Fair Bangladesh-2015.

The loan product was featured at the bank’s booth at the ongoing fair on Bangla Academy in Dhaka.

Under this scheme, a client could deposit any amount starting from BDT 100 to his or her account once or more than once in a day.

The client will not face any fine if he or she does not deposit any amount.

This scheme designed for 36 months and the account-holder will enjoy 6 per cent interest at accrued rate, and withdrawal of interest anytime.

The bank’s other 11 savings and deposit schemes are: Pubali Sanchay Prokolpo, Swopnopuron, monthly-profit based fixed deposit, Digun Sanchay Prokolpo, fixed deposit, Shikhsa Sanchay Prokolpo, Pubali Pension Scheme, Pubali School Banking, special notice deposit account and current account and savings account.

The bank also showcased some 24 loan products including continuous loan, short-term finance, long-term finance, work order/ construction business finance, personal loan, car loan, flat purchase loan, household durable loan, medical equipment loan, government primary school teachers’ loan, non-resident credit, Probash Bondhu, PBL Suborna, Pubali Star, PBL Sujon, PBL Kormo Uddog, PBL Prochesta, Lease Financing Scheme, Animal Husbandry/ Biogas Plant Loan, Beef Flattening Loan, Bullock Loan, irrigation/ agriculture equipment loan, milk cow/ buffalo loan and poultry farm loan.

“Pubali’s consumer products are much more attractive for a mid-income family living in the city,” Shahina Akter, principal officer at Shewrapara branch, told the BBN during the ongoing fair.

Pubali Bank was a first generation bank, initiated by a group of Bangali entrepreneurs during the then East Pakistan regime in 1959, to provide credit to Bangali business people who were often denied by other banks and financial institutions.

After the independence, the bank was nationalised in 1972; and again in 1983, the bank was de-nationalised.

From then, the bank has been playing significant role in socio-economic development in the country by prudent banking operations.

“Excellency in delivering services has been key to success in our banking operations,” said Sayed Abdullah Jisue, a senior officer who is serving at the bank’s head office.

BBN/MA/ANS