FAQ ON AGAMI SAVERS ACCOUNT

(For Regular & TARA Customers)

  1. What is the name of newly introduced accounts for Students?

Answer: Agami Savers Account (for male students) and TARA Agami Savers Account (for female students).

  1. Is NID mandatory for this account?

Answer: No. Student can open this account with NID/Birth certificate/valid passport (any one).

  1. Why should you open Agami Savers account?

Answer: Our Agami Savers account is designed with special benefits for students. This account is designed to give you all the best features of a bank account in package that is charge-free.

  1. Who can open this account? (Eligible criteria).

Answer: Any Bangladeshi national who is a student and aged between 18-25 years can open this account.

  1. What type of documents are required for opening this account?

Answer: Same as other retail accounts. Students can open this account with birth certificate/NID/ passport and Source of fund document will be as per current process (Note from CAMLCO: If the student only provide self-declaration we will accept that, but if the student provides any income corroborative document we can accept that also. In case source of fund is from parents regular process of BO profiling should apply.

  1. How is interest calculated on Agami Savers account?

Answer: Interest is accrued and applied to the account monthly.

  1. What is the interest rate for this account?

Answer: Current interest rate for Agami Savers Account is 3.0% and 3.5% for TARA Agami Savers Account. Please see the “Deposit Interest Rate” published in the bank’s website for updated rate.

  1. What is the minimum balance required to earn interest?

Answer: BDT 1

  1. What type of Debit Card will be issued against this account?

Answer: A VISA Multicurrency Debit Card for Agami Savers accountholders and TARA VISA Multicurrency Debit Card for TARA Agami Savers accountholders will be issued respectively.

  1. On which day Agami Debit Cardholders will get double reward points?

Answer: Agami debit cardholders will get double reward points on every Thursday.

  1. What is the debit card’s annual/Issuance/replacement fee?

Answer: Clients will enjoy a Free Debit Card with this account till 25 years of age. There will be no annual charge on debit card till 25 years of age. Replacement fee will be applicable as per SOC.

  1. Is Debit card mandatory for this account?

Answer: No. It is not a mandatory requirement. A client may choose to open the account without a debit card. However, in that case the client will not be able to enjoy the full suite of privileges since a number of the account related benefits are tagged with the debit card.

  1. What is the ATM Withdrawal Limit for Debit Card?

Answer: Debit Card per Day ATM Withdrawal Limit is up to BDT 03 Lacs.

  1. What is the POS Transaction Limit for Debit Card?

Answer: Per Day POS Transaction Limit is up to BDT 03 Lacs.

  1. Can accountholders use this card online?

Answer: Yes, as a client can make online purchases/payments anywhere you see the VISA logo. When customer uses card online, he/she may be asked to go through the VISA Secure process and a one-time password will be sent to his/her phone.

  1. Will TARA customer will be able to enjoy additional features for TARA Variant?

Answer: Yes, TARA customer will additionally enjoy below mentioned features of TARA product:-

  • Double reward points on Tuesdays.
  • Higher interest rate on account
  • TARA customers will get special discounts which are tagged with TARA Debit Cards Specifically
  1. What is the cheque book fee?

Answer: Customer will get a free cheque book of 5 leaves. Onwards, charge will be applicable as per Schedule of Charges.

  1. What is the account maintenance fee?

Answer: No Account Maintenance Fee will be charged for this account.

  1. Can this account be operated jointly?

Answer: No. Mode of operation can be singly only.

  1. Is intercity charge applicable for this account?

Answer: No

  1. Is there any charge applicable for availing Fast Track Services?

Answer: No charge is applicable for Fast Track Services, such as: Internet Banking, Call Center, SMS Alert, e-Statement, ATM facility & CDM Facility.

  1. Is there any charges of Inter-city/Online Charges & Fund Transfer?

Answer: No Charges

  1. How long the account will remain free?

Answer: This account will remain free till customer’s 25 years of age.

  1. What is the account conversion policy?

Answer: As per the policy, the student account will automatically be converted into regular account and debit card (Triple Benefit/TARA Triple Benefit) on completion of 25 years of age as per provided ID document (NID/birth certificate/passport) by customer. Customer will receive

  1. What are the charges of converted account?

Answer: Charges will be applicable as per SOC

  1. What are the welcome voucher partners?

Answer: Welcome Vouchers from Apple Gadget BD, Gadget & Gear, The Reading Café, Boionline.com, The Mall, The Fitness Inside.