How to Choose a Credit Card ?
Are you planning to apply for your first credit card? It's worth researching for a while before a pplying for one. A credit card is a useful tool but can be dangerous if you are not much careful while using it. So, let's discuss how you can choose your credit card. Americans are using credit higher than ever these days. I am quite sure that you are either already have one or planning to apply for your first credit card. If you are in the latter category keep reading the article. Today we are going to discuss the best ways t…
Job Circular: Manager- Core Banking at BRAC Bank Ltd.
BRAC Bank Limited , pioneer in SME Banking, delivers a full array of banking services to individuals as well as business entities. Our financial results along with the best credit rating and multiple best financial report awards speak of our aspiration, transparency and teamwork towards the objectives of becoming the best bank in the country. While we thrive in present, we invest simultaneously for future – upgraded core banking system in Finacle 10, first local bank to roll out Oracle ERP, process alignment with best practices and many…
Address and Routing Number of SBAC Bank Ltd.
Head Office BSC Tower, (5th - 16th Floor) 2-3 Rajuk Avenue, Motijheel, Dhaka-1000 Phone: (02) 9577207-11 Routing No: 270270002 1 Principal Branch Zaman Chamber 47, Dilkusha C/A, Dhaka - 1000. Phone: (02) 9587346-48 Routing No: 270275357 2 Hemayetpur Branch Ashraf Shoping Complex, Jadurchar, Hemayetpur Bazar, Savar, Dhaka. Phone: (02) 7724939 Routing No: 270262052 3 Agrabad Branch 96, Agrabad Ba/A Agrabad, Chattogram. Phone: (031) 2516183-85 Routing No: 270150135 4 Bh…
Payment Order and Its Features
A payment order is an order drawn by a bank upon itself to make payment of the amount mentioned therein to the demand of the payee. The payment order carries the primary liability of the issuing bank for payment and must make its payment to the payee or some other person named by the payee. It cannot be canceled or the payment cannot be stopped without the consent of the beneficiary. Features of Pay Order: 1. Pay order cannot be dishonored as the amount is prepaid. 2. Pay order is a non-negotiable instrument. 3. This can be cleared …
99th Prize Bond Draw Result
To mobilize the domestic resources Bangladesh government introduced the "Prize Bond" in 1974. It is a public savings scheme which is bearer in nature. On behalf of the Bangladesh Government, Bangladesh Bank manages the entire management. Prize bonds do not provide any interest to the bearer, rather it has a regular schedule of the prize draw. Bangladesh Bank declared it's 99th draw on 4th June 2020. Prizes of Prize Bond 1st Prize: Tk. 6 Lac for each series 2nd Prize: Tk. 6 Lac & 25 Thousand for each series 3rd …
Deposit Rates at Mercantile Bank Ltd.
Mercantile Bank Ltd. is a third-generation bank that started its journey on 2nd June 1999. With the corporate slogan " Banglar Bank" it's literally working for the whole of Bangladesh rather than focusing on a specific group. Presently it has 148 branches actively working toward providing customer-oriented services. The bank is offering different types of deposit products. Savings Deposit Rate Savings 2.50% (for general) (for any amount) Fixed Deposit Rate …
EBL Introduced First e-KYC Account in Bangladesh
Eastern Bank Ltd (EBL) introduced the country's first internet-based instant account opening solution "EBL INSTA Account." The bank launched the solution on Sunday inline with Bangladesh Bank's electronic Know Your Customer (e-KYC) guideline to help customers and employees maintain maximum possible social distancing amid the Covid-19 pandemic said a press release. It is the electronic copy of the physical form of the bank. A customer needs to fill up only the electronic form and it is not required to fill up the physi…
