The Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh has introduced 'Smart Savers Plan', a new savings product under the My Future product umbrella.
Shafquat Hossain, manager (distribution and customer proposition) of HSBC In Bangladesh, handed over the receipt to Muniza Khan, the first customer of Smart Savers Plan at a ceremony yesterday, says a press release.
Smart Savers Plan provides consumers with options of investing Tk 50,000 with monthly deposits of Tk 2,400; Tk 100,000 with monthly deposits of Tk 4,700 and Tk 500,000 with monthly deposits of Tk 23062. For every option customers will receive three times of their initial investment, after 3 years. Besides, customer may also enjoy overdraft facilities against their deposits in times of need where the minimum amounts will be Tk 90,000.