Short-term weekly savings of two banks and a financial institution has been introduced on the bKash app, said a press release.
bKash customers, without opening a bank account, can deposit Tk 250, Tk 500, Tk 1,000, Tk 2,000, or Tk 5,000 per week with IDLC Finance, Dhaka Bank, BRAC Bank through the bKash app.
The tenure for the weekly savings is 6 and 12 months.
Upon maturity of the savings, the total money with profit will be deposited back to the bKash account. Customers can cash out the money from agent points or ATMs of selected banks without any charge.
However, if a customer wants to close the savings before the maturity date, it can be done from the app.
