Community Bank Savings Account
Community Bank offers a diverse range of Savings Account options tailored to meet the unique needs of various segments within our community. Here’s an overview of our offerings:
- Savings Account – General: This account is designed to cater to the general public, offering a wide array of features and benefits. There’s no minimum balance requirement or interest forfeiture rule. Customers enjoy the convenience of cheque book and debit card facilities, SMS alerts for transactions, free internet banking, and Electronic Funds Transfer Network (EFTN) services. With attractive savings rates and Real Time Gross Settlement (RTGS) facilities, this account provides a comprehensive banking experience.
- Savings Account – Woman: Our Woman Savings Account is exclusively crafted to empower women financially. It comes with all the features of a general savings account, along with additional benefits that cater to the unique financial needs of women. We understand the importance of financial independence and security for women, and this account is designed to support their journey towards financial freedom.
- Savings Account – Payroll: Designed specifically for businesses to facilitate salary payments to employees, our Payroll Savings Account streamlines payroll processes and ensures timely disbursement of salaries. With no minimum balance requirement and a range of convenient features, employers can efficiently manage their payroll obligations while employees enjoy seamless access to their funds.
- Savings Account – Senior Citizen: We value our senior citizens and offer them specialized banking services through our Senior Citizen Savings Account. This account provides tailored features and benefits to meet the unique financial needs of retirees and seniors. With priority service, enhanced interest rates, and dedicated support, we aim to make banking hassle-free and rewarding for our senior customers.
- Savings Account – Student: Our Student Savings Account is designed to instill financial literacy and responsibility among students. With no minimum balance requirement and a host of student-friendly features, such as discounted fees and special offers, this account encourages students to start saving early and manage their finances effectively. It serves as a stepping stone towards a financially secure future.
Features of a Generic Savings Account:
- No minimum balance requirement
- No interest forfeiture rule
- Cheque Book and Debit Card facilities
- SMS alert on every transaction
- Free Internet Banking & EFTN Services
- Attractive savings rate
- RTGS facilities
- One account connects all the facilities – DPS, FDR, and Loans
FAQs on Savings Account at Community Bank
Q: What are the eligibility criteria for opening a Savings Account at Community Bank?
A: There are no specific eligibility criteria. Our Savings Accounts are open to all individuals meeting the regulatory requirements set by the central bank.
Q: Is there a minimum balance requirement for any of the Savings Account segments offered by Community Bank?
A: No, there is no minimum balance requirement for any of our Savings Account segments.
Q: Can I avail of a cheque book and debit card with my Savings Account?
A: Yes, both cheque book and debit card facilities are available with all our Savings Account segments.
Q: Are there any penalties for forfeiting interest on my Savings Account?
A: No, there are no penalties for forfeiting interest on any of our Savings Account segments.
Q: How can I stay updated on my account transactions?
A: We provide SMS alerts for every transaction made on your Savings Account.
Q: Is internet banking available with the Savings Account?
A: Yes, we offer free internet banking services with all our Savings Account segments.
Q: Can I transfer funds electronically using my Savings Account?
A: Yes, Electronic Funds Transfer Network (EFTN) services are available for convenient fund transfers.
Q: Are there any additional benefits for senior citizens with the Senior Citizen Savings Account?
A: Yes, senior citizens enjoy priority service, enhanced interest rates, and dedicated support with the Senior Citizen Savings Account.
Q: Is there a special interest rate for student customers?
A: Yes, student customers enjoy attractive savings rates with the Student Savings Account.
Q: Can businesses use the Payroll Savings Account for salary disbursement?
A: Yes, the Payroll Savings Account is specifically designed for businesses to facilitate salary payments to employees.
Contact: 16707 Email: contact@communitybankbd.info, Website: communitybankbd.com