Padma Bank launches lucrative deposit schemes


DHAKA, May 15, 2019 (BSS) – Padma Bank Limited has launched one of the
most lucrative deposit schemes prevailing in the banking sector of the

Under the scheme, a client will see his deposit getting a three-fold hike
if he keeps the money in any branch of the bank for nine years, said a press
release today.

In addition, the client will be able to borrow up 80 percent from his
deposited amount. The scheme could be opened individually or jointly.

Dr Mahmuda Alam Mita and Golam Mohammad Musa became the first two
customers to open the three-fold deposit scheme in the principal branch of
Padma Bank yesterday (Tuesday).

They were greeted by senior officials including the bank’s CEO and Managing
Director Md Ehsan Khasru.