JAGANNATH UNIVERSITY

Department of Finance
Report on General Banking Activities of
Padma Bank

Course Name: Law & Practice of Banking

Course Title: FIN- 2204

Prepared For:

Ayesha Akhter
Assistant Professor
Department of Finance
Jagannath University

Prepared By:
Group Number - 11
15th Batch

Date of submission: 03 October 2023

 Team Profile

SL. No. Name Id Marks

Presentation Report/
Assignment
01. Dalim chandra das B200203052
02. Fahima Akter Shova B200203061
03. Md. Naimur Rahman Nayan B200203074
04. MD. Shahed Ali B2020203089
05. Somapty Islam Soma B200203098
06. Jarin Tasnim B200203108
07. Sabbir Hossain B190203043
08. MD. Tamim Hossen B190203054
09. Ambia Binte Asad Lamia B190203078
10. Mahia Chowdhury B190203095
 Letter of Transmittal

October 03, 2023

To,
Ayesha Akhter
Assistant professor
Department of Finance
Jagannath University, Dhaka.

Subject: Report on General Banking Activities of Padma Bank

Dear Madam,
With due respect, we are delighted to submit our report on general banking Activities of Padma Bank. We have
tried our best to show the banking activities of Padma Bank as per your instruction. Your guidance and
instruction help us a lot to complete the task. We have learnt a lot form this.
Though we are in learning curve, this report has enabled us to gain insight into the depth of banking activities of
Padma Bank. We are extremely grateful to you for the opportunities that you gave us to express our knowledge
and hope you will like the work that we have done, considering any unwanted fault. Furthermore, we stand by
to answer any queries regarding our report.
Lastly, we would be thankful once again if you please give us your judicious advice on effort.

Sincerely Yours,
Group No: 11
 Table of Contents
1.Executive summary..........................................................................................................................................................5
2.Introduction of Padma Bank...........................................................................................................................................6
3. Vision, Mission & Strategic Objective...........................................................................................................................6
4. Banking Activities of Padma Bank.................................................................................................................................7
4.1 Deposit Products (Retail Banking)...........................................................................................................................7
4.111 The Padma Double Benefit Deposit Scheme (DBDS)......................................................................................7
4.112 The Padma Triple Benefit Deposit Scheme (PTBS)........................................................................................8
4.113 The Mashik Sanchay Scheme (MSS)................................................................................................................8
4.114 The Super Benefit Deposit Scheme (SBDS).....................................................................................................8
4.115 Mashik Income Scheme (MIS)..........................................................................................................................9
4.116 Target Deposit Scheme (TDS).........................................................................................................................10
4.117 Kotipoti Deposit Scheme (KDS)......................................................................................................................10
4.118 Super Fast Deposit Scheme.............................................................................................................................11
4.119 Padma Senior's Account..................................................................................................................................12
4.120 Padma Retire Rich Deposit Scheme...............................................................................................................12
4.121 Padma Protidin Account.................................................................................................................................13
4.122 Padma Special Team Deposit..........................................................................................................................14
4.123 Padma Tk10 account:......................................................................................................................................15
4.124 Padma prottasha deposit scheme:..................................................................................................................16
4.125 Padma nobanno fixed deposit scheme:..........................................................................................................17
4.126 Padma Prottoy:................................................................................................................................................18
4.127 Padma Elegant Fixed Deposit.........................................................................................................................19
4.128 Padma Professionals Fixed Deposit:..............................................................................................................19
4.129 পদ্মা মৌসুম...........................................................................................................................................................20
4.130 Padma Executives Fixed Deposit....................................................................................................................21
4.2 NRB Banking...........................................................................................................................................................22
4.221 Probashi Excel Accounts.................................................................................................................................22
4.3 Student Banking......................................................................................................................................................23
4.331 Padma NextGen Account................................................................................................................................23
4.332 Padma Mastermind Account..........................................................................................................................23
4.333 Padma Spirit Monthly Deposit Plan..............................................................................................................24
4.334 Padma Student File Services...........................................................................................................................25
4.4 Loan Products (Retail Banking).............................................................................................................................26
4. 441 Padma Bank Auto Loan.................................................................................................................................26
 4. 442 Padma Bank Home Loan...............................................................................................................................27
4.5 Digital Banking........................................................................................................................................................28
4. 551 Padma Instant.................................................................................................................................................28
4. 552 Padma wallet:.................................................................................................................................................28
4. 553 Padma i banking:............................................................................................................................................29
4.6 Other Banking.........................................................................................................................................................29
4. 661 Corporate Banking:........................................................................................................................................29
4. 662 Agent Banking.................................................................................................................................................30
4.7 Women Banking......................................................................................................................................................31
4. 771 Padmabati(পদ্মাবতী).........................................................................................................................................31
4.8 SME Products..........................................................................................................................................................32
4. 881 Padma Uddog Loan........................................................................................................................................32
4. 882 Padma Commercial Space Financing............................................................................................................32
4. 883 Padma Nirman Loan......................................................................................................................................33
4. 884 Padma Goti Loan............................................................................................................................................34
4. 885 Padma Shahaj Loan.......................................................................................................................................34
5. Conclusion.....................................................................................................................................................................35
6. References......................................................................................................................................................................36
 1.Executive summary
Padma Bank Limited, a fourth-generation bank, inaugurated operations on January 29, 2019 with a new vision
and view to become a trusted custodian of financial assets belonging to all valued clients in Bangladesh. The
Bank has occupied a unique position through a first time ever collaboration in the banking industry that records
the inclusion of 4- state-owned commercial banks i.e., Sonali Bank Limited, Janata Bank Limited, Agrani Bank
Limited & Rupali Bank Limited and Investment Corporation of Bangladesh [ICB] as 68% stakeholders.
They strive for becoming the first choice of their customers as a distinct financial service provider- Trusted,
Respected and Valued by all customers and stakeholders. Padma Bank is not growing just to get bigger also
growing to satisfy the continued demand for a bank that focuses on service. They prioritize in ensuring our
quality, integrity and working with customer- centric model of services and products. With 59 branches and
about 1200 employees, and a mix of competitive products, combined with a high level of service and a focus on
relationships is an overwhelming value proposition for customers.
They are committed to providing each relationship with an unmatched level of service. While they offer
competitive products, services, rates, and technology, the level of service they provide and their commitment to
building relationship is what sets us apart from their competitors.
Padma Bank is backed by safest and sound patrons and has a history of secure banking practices that would
allow them to navigate through changing economic environments. Because of this, shareholders, employees,
customers, and communities can rely on them to be their banking partner for decades to come.

2.Introduction of Padma Bank

Padma Bank Limited, formerly known as The Farmers Bank Limited, is a private commercial bank
headquartered in Gulshan-1, Dhaka, Bangladesh. The bank was established in 2013. The fourth-generation bank
commenced its banking operation on June 3, 2013. By an order on 29 January 2019 Bangladesh Bank has
changed the name of The Farmers Bank Limited to Padma Bank Limited after the bank failed to pay its
liabilities due numerous bad loans and embezzlements. The Farmers Bank Limited was renamed to Padma Bank
Limited in December 2019, Former Chairperson of the Bank Muhiuddin Khan Alamgir, who is also an Awami
League politician, member of Parliament, and former Minister of Home Affairs, was removed from his post at
the bank. he managing director, AKM Shamim, of the Bank was also forcefully removed from his post at the
Bank by Bangladesh Bank. and had failed to pay back money to depositors and had to receive a bailout from the
Government of Bangladesh worth 8.15 billion taka. Padma Bank requested Bangladesh Bank waive a 1.44
billion taka fine it imposed on the bank for failure to maintain the required cash reserve ratio and statutory
liquidity ratio in December 2020.Bangladesh Bank waived 890 million taka from the fine.
Bangladesh Securities and Exchange Commission initiated an investigation of Padma Bank Limited following
allegations that the bank Chairman Chowdhury Nafeez Sarafat had misused 1 billion taka from the bank by
former bank chairperson Mohiuddin Khan Alamgir.
 3. Vision, Mission & Strategic Objective
Their vision is to become a trustworthy and diversified financial institution that offers a wide range of products
and technologically advanced solutions while ensuring an excellent customer and employee experience.
Through a team of receptive, informed, and caring professionals that are dedicated to shareholder value and the
well-being of our country, their aim is to establish and cultivate relationships with their clients and partners to
achieve their financial goals and this implies their mission.
Padma Bank’s strategic objective is aiming to focus on following important areas like-
1. Excellent Customer Experience
They are committed to create environment where each interaction with their customers would turn enjoyable.
Gaps in service areas will be identified through various survey and those will be addressed immediately. Skills
of employees will be developed and technology-based solutions simultaneously which would broaden the
service platforms for customers.
2. Financial growth
Financial needs of their customers will be diligently analyzed and appropriate products will be offered to meet
their requirements & committed to manage and help customer to grow their wealth and on the same note, they
will ensure to grow and maintain a good portfolio of the bank.
3. Product growth/Innovation
Their market research will continue to find out gaps in offers for customers. Product performance will be
reviewed and lifecycles of products will be analyzed to determine launching of new products or repackaging of
exiting products.
4. People and culture
The goal is to better match employee participation in various initiatives with the vision and strategy of the bank.
Strong emphasis will be placed on performance culture, and those who do well will be given clear career paths.
They will keep working to make the workplace better, with a particular emphasis on letting their female
colleagues feel comfortable and able to contribute. There will be "Zero" tolerance for any infraction of the
bank's proclaimed and established codes of conduct, and everyone will be encouraged to ensure conformity with
its policies and procedures.
5. Process re-engineering
Reviews on current work process will be conducted on a regular interval and come up with revised process with
the view to ensure a faster service to customers. While their effort to improve service quality will continue but
at the same time, they will ensure to formulate the revisions and changes within the appropriate perspective of
compliance.
 4. Banking Activities of Padma Bank
Dalim Chandra Das
B200203052

4.1 Deposit Products (Retail Banking)

4.111 The Padma Double Benefit Deposit Scheme (DBDS)

The Padma Double Benefit Deposit Scheme (DBDS) is a savings option offered by Padma Bank, designed for
individuals seeking substantial returns on their fixed deposits over a fixed tenure. Customers can start with a
minimum deposit of BDT 50,000, and the bank will double the initial amount after a 7-year and 6-month period.
There is no upper limit on the deposit amount, and customers can open multiple DBDS accounts. Additionally,
80% of the deposited amount can be availed as a loan or overdraft. This scheme is ideal for those looking for
attractive returns on a single, initial investment, with a competitive interest rate of 9.67%. For more details,
customers can visit a Padma Bank branch or contact 16612.

4.112 The Padma Triple Benefit Deposit Scheme (PTBS)

The Padma Triple Benefit Deposit Scheme (PTBS)offered by Padma Bank is an exclusive savings program with
the goal of tripling your initial deposit at a competitive interest rate of 9.60% over a 12-year tenure. This
scheme is accessible to a wide range of customers, including retail customers, sole proprietors, retail traders,
and sellers, and can only be opened in the name of an individual or jointly. The minimum investment amount is
Tk 10,000, with a maximum initial deposit of Tk 10,000,000 (1 Crore).
Customers have the flexibility to open their PTBS account on any day of the month. However, institutional
deposits are not permitted. Upon completion of the 12-year tenure, customers receive the matured amount in the
following month. Premature encashment within the first year results in no benefits, while after one year but
before maturity, savings rates apply. VAT, excise duty, and other applicable charges are deducted as per
prevailing policies. The scheme is not renewable, and the bank retains the right to modify clauses or conditions
as necessary. Additionally, customers can avail loans and advances against 80% of the initial deposit. To open
an account, all required documents for both savings and scheme accounts are necessary. PTBS aims to help
customers secure their financial future and achieve economic freedom.

4.113 The Mashik Sanchay Scheme (MSS)

The Mashik Sanchay Scheme (MSS)offered by Padma Bank is a Monthly Deposit Plan (DPS) designed to
encourage customers to cultivate saving habits by making monthly deposits, ultimately yielding a substantial
return upon completion of flexible tenures ranging from 3, 5, 8, to 10 years. Customers can choose their
monthly installment amount based on their financial capacity, with a range of options from 500 BDT to 50,000
BDT.
The scheme offers an attractive profit rate of 9.00%, and the projected maturity values for various monthly
installment amounts and tenures are provided in a table for easy reference. It's important to note that applicable
taxes, excise, and other duties will be deducted from the encashment value of the scheme. All prevailing terms
and conditions for the bank's schemes are applicable to the MSS. Customers can seek further information or
clarification by contacting their nearest Padma Bank branch or calling 16612. The MSS is a valuable tool for
individuals looking to systematically grow their savings and achieve financial goals.

4.114 The Super Benefit Deposit Scheme (SBDS)

The Super Benefit Deposit Scheme (SBDS) offered by Padma Bank is a Monthly Income Scheme designed to
provide individuals with a regular monthly income. This scheme has no upper limit on deposits and is even
accessible to Bangladeshis living abroad who wish to provide a fixed monthly income to their dependents or
families residing in Bangladesh. Customers can start with a deposit of BDT 50,000 or multiples thereof.
The deposited amount is returned to the account holder at the end of the year, with an option for auto-renewal.
Additionally, customers can avail of Secured Overdraft (SOD) or Secured Loan (SL) facilities against the
deposit, with the monthly income being credited to the loan account during this period
In the event of the account holder's demise, the amount is payable to the nominee or legal heirs upon producing
a succession certificate. The monthly income can be credited to the depositor's savings or current account with
the branch.
Customers of 18 years and above who seek a consistent monthly return against their investment are the target
audience for this scheme. Terms and conditions include the requirement of a CASA account during scheme
opening, savings rates for premature encashment after six months, and no-account transfers between branches.
Standard account opening terms and conditions also apply.

Somapty Islam Soma

B200203098

4.115 Mashik Income Scheme (MIS)

Monthly Income Scheme (MIS) where an individual has the opportunity to receive monthly income in the long
term.
Features:
● Profit will be paid monthly continuously for three/five years.
● No upper limit on initial deposit.
● Bangladeshis living abroad may also open this account for providing fixed amount of income to their
dependent/families residing in Bangladesh.
● Deposit Amount: BDT 50,000 and its multiple.
● The full amount of deposit will be returned to the Depositor(s) at the end of the year or auto renewal for next
term.
● The payable of income will start from the subsequent month after 30 days from the date of deposit.
● The monthly income may be credited to the savings/current account of the depositor(S) maintained with the
Branch.
● Excise duty, Income Tax & VAT on Interest will be deducted at source.
Target Customers:
● It is for the account holder who wants to get benefit every month against his/her investment.
● At maturity, the account holder shall get back his/her full investment.
● Customer segment: 18+ years.

Terms and Conditions:

● CASA account required while opening the scheme.
● In case of premature encashment, after 6 (Six) months he/she will get savings rates, but before 6 (Six) months
no interest will be paid.
● An account cannot be transferred from one branch to another branch. However, a client will have the option to
collect the income/principal via bank’s collection mechanism and bank’s usual charge will apply (if any).
● All other terms and conditions as per opening of an account will apply.

4.116 Target Deposit Scheme (TDS)

Target Deposit Scheme (TDS) is a deposit scheme where the customer gets their returns within a short period.

Target Customers:
The TDS is designed for those individuals who want return at the earliest tenure.

Features of the Scheme:

● Customer will set their desired amount
● Product tenure designed with 1 (One) year according to customer’s target plan and eligibility
● Account can be opened by Individual/Jointly/Non-Resident Bangladeshi.
● Age Limit: 18- 65 years.
● Insurance can be added for confirmed payment to receive the target amount.
● A person can open more than one account for different or same amount of deposits at any branch of the Bank.
Terms and Conditions:
For any further query please contact your nearest Padma Bank Branch or call 16612
4.117 Kotipoti Deposit Scheme (KDS)

Kotipoti Deposit Scheme is a high value savings scheme for secured future.

Target Customers:
This product is for you if you want to realize your dream of becoming a Kotipati in the long run with high
attractive rate. It will also ensure your financial well-being and start saving a significant portion of your income
to secure you Eligibility
Features of the Scheme:
● Flexible Tenures of 6/8/10/12/15 years.
● A person can open more than one account for different amount of deposits at any branch of the Bank.
● The depositor will have the option to choose any installment at the time of opening of an account that cannot
be changed afterwards.
● The first installment may be deposited at any date of the month but subsequent instalments shall have to be
deposited by the 10th day (in case of holiday next working day) of every month.
● SOD/SL facility of 80% of the deposited principal after 6 months of the scheme, but minimum amount must
not be less than Tk. 1,00,000/-

Eligibility:
● Age Limit: 18-65 Years.
● This account can be opened by Individual/Joint/Non Resident Bangladeshi.

Required Documents:
● As per account opening guidelines of the Bank.

Terms and Conditions:

● As per existing terms and conditions for other deposit schemes.
● VAT, AIT will be deducted as per prevailing rate and regulation of the Government.
● For any further query please contact your nearest Padma Bank Branch or call 16612

4.118 Super Fast Deposit Scheme

Super Fast Deposit Scheme is a unique deposit scheme with attractive insurance facility where a customer can
receive quick return on investment within a short tenure. Customer has to provide initial deposit just for once
and monthly installments during the tenure of the scheme.
Features of the Scheme:
● The scheme can be opened in any date of the month in any branch.
● A customer aged 18 and above can open the account singly/jointly. The scheme can be opened in the name of
minor(s). In that case, legal guardian will operate the account.
● First, initial deposit (to be deposited only once) and monthly installment to be deposited on the day of
opening the scheme. Next installments will be deducted on the same date of the following months.
● Tenure of the Scheme: 3 Years.
● Minimum Initial Investment Amount: Tk 50,000; Minimum Monthly Installment: Tk 700.
● Maximum Initial Investment Amount: Tk 20 Lakh; Maximum Monthly Installment: Tk 28,000.
● Loans and advances are allowed against 90% of the initial amount.
● Insurance Facility up-to Tk 5 Lakh with nominal premium payment*
● Flexible pre-mature encashment facility*

Terms and Conditions:

● For any further query please contact your nearest Padma Bank Branch or call 16612

Jarin Tasnim
B200203108

4.119 Padma Senior's Account

Padma (অগ্রজ) Our Senior's Account has been designed to provide the best product for convenience, comfort
and financial security.
Features :
* It is designed for 50+ individual Bangladeshi
*Minimum Deposit to Open the Account: Tk 10,000 (Urban Branches; Tk 5,000 (Rural Branches)
*Dedicated Relationship Manager for every customer
Dedicated Senior Citizen Desk (no need to wait in the queue)
*Free Debit Card (First)
*Cheque Book (First Cheque Book Free).
* Concession on secured over draft upon assessment of the competent authority.
1% less processing charge on secured Loans.
*Internet Banking Facilities free.
*50% discount on all types of Locker Facilities.
Requirements :
Submission of KYC Documents, Cash Deposit, Cash Withdrawal, Financial Instruments (Delivery and Pick-
up), Demand Draft, Pay Order, Cheques, Debit Card, ATM Card etc.

4.120 Padma Retire Rich Deposit Scheme

To provide financial independence by retirement age or maximize for early retirement ultimately building
wealth and being rich.
It is designed for 20+ aged Bangladeshi individuals.
Features of the Scheme:
This scheme can be opened by an individual (s) singly/jointly with minimum age 20.
Monthly Deposit for a certain year to become multimillionaire.
Cheque Book (First Cheque Book Free)
Competitive interest rate of 8.50%
Loans and advances are allowed against 90% of the initial amount upon continuation of the scheme for at least
6 months.
Gym Membership.
First Debit Card.
Health Facilities with renowned hospitals.
Free Internet Banking Facilities.
50% discount on all types of Locker Facilities.
Requirements:
It is designed for 20+ aged Bangladeshi individuals.

4.121 Padma Protidin Account

Padma Protidin Account is a unique account which will fulfill the utility of Savings as well as Current
customers. Moreover, customers will receive attractive interest against different deposit slabs. The interest will
be calculated daily at day-end balance and paid interest everyday. The Banking of today is becoming as
frictionless and easy as possible. Considering, today’s banking anywhere/anytime and frictionless payment of
deposit, an account which can work as a deposit and loan account and can provide daily interest has been
conceptualized titled “Padma Daily Current Account.
Features
A unique account which will fulfill Current, Savings, FDR, Credit Card requirement
* No need to open a different current/deposit account
*Unlimited transactions allowed
* Interest calculated on day end balance and profit is credited to the account on the following day
*Attractive rate like FDR on Deposited Amount
*Profit can be withdrawn any time i.e. a customer can get the accumulated interest at any time
*Cheque Book transaction
*Slab-wise interest rate facility on deposit
Requirements
1. National ID/Smart Card Copy
2. Passport Size photo (3 Copies
3. Driving License/Passport copy (if available)
4. Salary Certificate/Trade License Photocopy
5. Visiting Card
6. E-Tin (if any)
7. Utility Bill Copy (Last Month)
8. National ID/Smart Card Copy of nominee
9. Minimum Deposit: BDT 5,000

Fahima Akter Shova

B200203061

4.122 Padma Special Team Deposit

This is a pleasure to inform you that Padma Bank Ltd. has devised a new Deposit product tiled Padma Special
Term Deposit Booking of deposit under this account is applicable for “Absolutely Fresh Deposits”he objective
of the product is to attract high deposit niche of customers who are looking for better investment. The product
will also help us to retain our customers.

Features:
*customer can open an account with minimum deposit of BDT 10,000 and its any multiple
*The account is applicable only for “Absolutely Fresh Deposits Only”.
*The customer will receive a deposit receipt. If the customer loses the deposit receipt, s/he has to inform the Bank
in writing immediately and have to lodge GD for the stolen FD receipt.
* The customer can receive SOD facility up-to 90% against deposit of the Term Receipt.
* If there is no written instruction of renewing the instrument within 10 days, the instrument will be automatically
renewed for the same period. In that case, the prevailing interest rate will apply on the renewed instrument.
* If the customer encashes the instrument before one (1) month, there will be no interest. If the customer encashes
the instrument after 1 month but before 100 days, interest will be given at the prevailing general FDR rate for 1 or
3 months. If the customer encashes the instrument after 60 days but before 100 days, interest will be given as per
the availing FDR rate of 3 months only, the rest period’s interest will not be considered. If the customer encashes
the instrument before 200 days but completes at least 6 months, interest will be provided at the prevailing FDR
rate of 6 months. If the customer encashes the instrument before 400 days and completes at least one year, s/he
will be provided interest rate at the prevailing FDR rate of 1 Year. For any extra days after1/3/6/12 months,
interest will not be provided.

Requirements:
● All necessary similar documents for opening an FDR will be required.

4.123 Padma Tk10 account:

Financial inclusion has been viewed as an important function of banks to reach the poor, marginally poor,
destitute/disaster affected/landless section, small business people and small income occupants. This is a specific
type of account for Ultra Poor unbanked section of the society who are still outside banking net and Corporate
Social Activity on part of the bank, as directed by Bangladesh Bank. Bangladesh is an agricultural land and this
fertile land is cultivated by farmers. It is also a land of rivers and our fisherman community work hard
throughout the year to earn their livelihood. So different types of customers like Fishermen, Farmers, Garment
Workers, Street businessmen and those are situated at dispersed location will also include in this group. Though,
these groups of people earn livelihood and contribute significantly to our economy, these group of people are
not under the purview of banking system. To include these groups of people, Padma Bank has come forward
with Padma Tk 10 Account.

Features:
● Transaction through account vouchers
● No Account Maintenance Service Charge
● Minimum balance to open the account: Tk 10 and no minimum balance is required to maintain.
● Can open account through Padma Bank’s all Distribution Channels like Branch, Sub Branch, Agent
Banking (through bio metric thumb impression), Digital Banking, app, Internet Banking, etc
● Cash withdraw/deposit.
● Taka transfer through any mode like BEFTN, NPSB and RTGS. Necessary charges will be applicable as
per approved Schedule of Charges.
 ● Cheque Book, Debit Card, SMS Banking, Internet Banking facility available for fees and charges.
Customers account will be charged while giving request for services. As per Banks schedule of Charges,
the prevailing charges of all services are applicable.
● Can apply for loan facility.
● Source of fund not mandatory
All other Terms and conditions of General Savings account will be remain same.

Target customers:
Small, marginal, landless farmers, low salaried employees , destitute people displaced to natural disaster, Street
Businessmen, Fishermen, micro business people, small income occupants, etc.
● Those have NID/ Govt authority certification
● Citizenship: Bangladeshi

Requirements:
For all accounts except minor:
● Duly filled-in application form hard copy or soft copy.
● Standard KYC profile.
● Two (2) copy photo of the applicant.
● One (1) copy photo of the nominee attested by applicant.
● NID/ Govt Certified papers of applicant & nominee.
● Any Other Documents Deemed Necessary.

For minor account:

● Photo attached Birth Certificate of account holder
● 2 copy recent passport size photograph of account holder to be attested by the Introducer.
● Copy of NID of guardian/legal guardian.
● copy recent passport size photograph.

4.124 Padma prottasha deposit scheme:

A large number of people is low income group in Bangladesh. Present scenario is that different types of samity
are continuing their business around the country where they collect tk 50 to tk 100 daily from different shops.
Besides housewife also capable to save a threshold money for their any sort of requirement. Same situation for
daily street businessmen, day laborer, garment worker, etc. Those groups of people earn livelihood and
contribute significantly to our economy and these group of people are not under the purview of banking system.
To include these groups of people, Padma Bank has come forward with “Padma Prottasha Scheme”.
Objective of the Scheme is to bring deposit from small, marginal, landless farmers, low salaried employees,
housewives, destitute people displaced to natural disaster.

Features:
● Installment amount size is tk 100 or any multiplier.
● Scheme range from year 01 to 15.
● A customer can open more Padma Prottasha Deposit Scheme.
● Scheme will be calculated at monthly compounding formula.
● Customers can open the scheme A/C through maintaining any savings or current link account or apply
for scheme account directly.
● Customers can deposit any day within a month. For online payment, amount should be deposited at
Padma Bank within same month.
● Scheme will be canceled if applicant failed to deposit any installment.
● For premature/ Cancellation of Scheme: Customers will get only principal amount for any fraction
period and declared interest rate at compounding method will be eligible for any completing year.
● Example: Customer opened a scheme account for 3 years at tk 200 installments from 3rd July, 2021 @
6% interest. Customer will get principal and monthly compounding interest only for completed year and
for fraction months, only principal amount.
● Payment at maturity: Customers will get return amount after next immediate month. For example, If
DPS started at 23rd February 2021 for 2 year, and then customer will get the return after 23rd January,
2023.
● Tax will be calculated at the end of maturity/ premature of the scheme.
● Scheme interest rate may be changed at ALCO but no change will be allowed for contracted customers.
● Year end scheme interest will be calculated according to scheme opening date.
● Next year scheme interest will be entitled according to scheme opening date.
● As customer can deposit any day of the month, then scheme interest will be calculated on the basis of
how many days of that month bank is investing the deposit amount. As a result, scheme interest may be
variable at the end of maturity.
● SMS notification: Every half of year prior to account maintenance charge schedule, an SMS notification
has to generate to customer to aware about the charge.
● (ALCO may revise the scheme interest rate but the rate will not change for agreed customer.)

Target customers:
● Those have NID/ Govt authority certification (For minor picture attached certificate).
● Citizenship: Bangladeshi.

Requirements:
● Account can be opened through all channels of Padma Bank Limited like Branch, Sub Branch, Agent
Banking, app, web, etc.
● Filled Scheme application form with 01 copy PP for applicant and nominee each.
● Standard KYC profile for those who is interested to link with Current or Savings account.
4.125 Padma nobanno fixed deposit scheme:

Padma Nobanno Fixed Deposit'' a new Fixed Deposit product for 06 months period with very attractive return.

Features:
● Auto renew options (principle amount only or interest plus principle amount) available.
● 6 months tenure.
● Customers will avail savings rate for premature encashment after 1 month. Encashment before 1 month,
no benefit will be proceed.
● 80% SOD (Secure Overdraft) available.
● All Government levies will apply.
● Nominee can continue after applicant’s demise.
● FD receipt is non transferable.

Target customers:
● All types of customers like personal, Joint and Partnership. Every Retail, SME, Corporate, Limited
organizations can apply for the product.
● Citizenship: Bangladeshi.

Requirements:
● 2 copy passport size photographs of applicants, 1 copy passport size photograph of nominee and NID of
applicant and nominee is required.
● All other documents related to open FD will be required.

4.126 Padma Prottoy:

To provide opportunity for the customer to save in Fixed Deposit product with attractive interest rate.

Features:
● Profit amount credited every month.
● No more waiting for the maturity period.
● Interest Rate up-to 8%
● Renewable on maturity at the prevailing interest rate.
● Tenor: 5 months.
● Loan/Advance: Secured Overdraft (SOD) is available.
 Target customers:
 Any 18+ individual customer with Bangladeshi Citizenship.
● Retail, SME, Corporate Customers with all types of business entity.

Requirements:
● Tk 10,000 and multiples.
● No upper ceiling.
● Documents required for CASA and FDR will apply.

Md. Naimur Rahman Nayan

B200203074

4.127 Padma Elegant Fixed Deposit

“For women who are confident, inspirational and deserves the best”
Objective
Encourage women savings for wealth growth and achieving financial inclusion.
Target Segment
● Women aged 18 Years and above
● Citizenship: Bangladeshi
Core Features of the Account
● Nature: Fixed Deposit
● Minimum Deposit Amount: BDT 50,000 and multiple; no upper ceiling
● More than One (1) account can be opened
● Tenure: 125 Days Maturity
● Interest: 8.00% to 9.50%
● Mode: Auto-renewal

Padma Elegant FD (125 Days) Proposed Rate

Up-to BDT 100,000 8.00%
BDT 100,001 to BDT 5 Lac 8.50%
BDT 5 Lac+ to BDT 25 Lac 8.75%
BDT 25 Lac+ to BDT 50 Lac 9.00%
BDT 50 Lac+ to BDT 1 Crore 9.25%
BDT 1 Crore+ 9.50%

Loans/Advance Facility
● Padma Elegant FD can be considered as security for Home Loan/Personal Loan/Car Loan etc.
● Secured Overdraft (SOD) is available.
Account Opening Requirements
 ● Documents required for FDR and CASA will apply

4.128 Padma Professionals Fixed Deposit:

A product for Professionals who go the extra mile

Objective:
To attract high deposit niche of customers who are looking for lucrative profitable rate
Target Segment:
The account can be opened by Certified Professionals/individuals employed in Government organizations, Corporate
Bodies, Semi-Government institutions, Autonomous Organizations, MNCs, Cooperative society, NGOs etc., specifically:
● Doctors
● Engineers
● Architects
● Chartered Professionals
Any certified professionals under the purview of this FD have the opportunity to invest.
Core Features of the Account:
● Nature: Fixed Deposit
● Minimum Deposit Amount: BDT 50,000 and its multiple; no upper ceiling
● More than One (1) account can be opened
● Tenor: 125 Days Maturity
● Interest: 8.00% to 9.50%
● Mode: Auto-renewal

Padma Professionals FD (125 Days) Proposed Rate

Up-to BDT 100,000 8.00%
BDT 100,001 to BDT 5 Lac 8.50%
BDT 5 Lac+ to BDT 25 Lac 8.75%
BDT 25 Lac+ to BDT 50 Lac 9.00%
BDT 50 Lac+ to BDT 1 Crore 9.25%
BDT 1 Crore+ 9.50%

Loans/Advance Facilities:
● Secured Overdraft (SOD) is available
● Padma Professionals 125 days can be considered as security for Home Loan/Personal Loan/Car Loan/other loans etc.
Account Opening Requirement:
● Documents required for CASA and FDR will apply
● Employment (Employee ID/Pay Slip/Recent Bank Statement etc. any acceptable documents proving
certification/employment)
 4.129 পদ্মা মৌসুম

Background:
Agriculture sector plays a huge role in the economy of Bangladesh. Most importantly, this sector generates employment
for 40.6% labor force.
Our farming is intricately dependent on season. However, the farmers lack specialized short-term savings scheme for
future. Now, to support our valued farmers in providing them an easy and attractive savings, a scheme titled, “ ”
deposit scheme has been conceptualized for cherishing smile for farmers and activities related to farming in all seasons.
Objective:
● To increase the Bank’s footprint in financial inclusion, specifically, to support Agri-sector
Target Segment:

 Individual Aged: 18+

 Bangladeshi
 Farmers involved in three (3) major categories:

1. Crops Sector
2. Live-stock & Poultry
3. Fisheries
Value Propositions at a Glance:

 Minimum Installment: Tk 50 and Multiple

 Maximum Installment: Tk 10,000
 Flexible Short Tenor: 1/2/3 Years
 Competitive Interest Rate: 9%-10%
 Anytime Encashable (profit payable, conditions apply)
 Attractive Interest Rate in CASA Tk 10 Account

Proposed Interest and Maturity Value Table:

Installment Size & Maturity Value
Year Rate 50 100 500 1000 2000 3000 4000 5000 10000
1 9.00% 630 1,260 6301 12601 25203 37804 50406 63007 126014
2 9.50% 1,326 2653 13263 26526 53051 79577 106103 132628 265256
3 10.00% 2,107 4213 21065 42130 84260 126390 168520 210650 421300

Unique Features:
■ No account maintenance charge in case of linked Tk 10 Account (applicable only for Tk 10 account)
■ No charge for missed installment
■ Up-to three (3) consecutive missed installments allowed and no interest, charge will be deducted after depositing the
missed installments on the following month.
■ Flexible Premature Encashment Policy
Required Documents:
■ NID (preferred)/Passport/Any Photo Identity
■ Chairman/Ward Commissioner Certificate declaring Farmer/Ration Card/Agri Card/Smart Cards for Farmers
 Filled in Application Form and necessary documents
4.130 Padma Executives Fixed Deposit

Yet to develop

Padma Executives Fixed Deposit

Product Name Interest Rate
Up-to BDT 100,000 8.00%
BDT 100,001 to BDT 5 Lac 8.50%
BDT 500,001 to BDT 25 Lac 8.75%
BDT 25,000,01 to BDT 50 Lac 9.00%
BDT 50,000,01 to BDT 1 Crore 9.25%
BDT 1 Crore+ 9.50%

Md. Tamim Hossen

B190203054

4.2 NRB Banking

4.221 Probashi Excel Accounts

Padma Bank Limited has set the highest priority to mobilize inward foreign remittance for Non-Resident
Bangladeshi Nationals (NRBs).

Bangladeshi Nationals working abroad can easily remit their hard-earned money to the intended beneficiary in
Bangladesh. Our Remittance service caters the customer needs for fast, secure & easy money transfers to an
extensive range of destinations.

Our Remittance Products and Their Features:

PROBHASI EXCEL ACCOUNT (Remittance NRB special Savings Product for both Receiver’s and Sender’s)
 Provide attractive interest on daily Balance.
 E-remittance Card for Cash Pickup payments (Provide hassle free services).
 Offering attractive and competitive Savings Bank Account In the market for our Remittance
Beneficiaries and Remittance Senders.
 SMS Alerts services for PEA Account holders (Both domestic and abroad).
 We help Probashi Excel Account customers find the right product to meet their needs.

Service Commitments:

 Assure confidentiality in transactions.

 Locker facilities.
 Quick Customer Services.
  Assist in opening accounts under different types of Savings Schemes.
 No service charge taken from beneficiaries at Bangladesh end.
 We resolve customers' complaints fairly, consistently and promptly.
 Privacy and Confidentiality of transactions.
 We educate customers about Anti-Money Laundering (AML) and Combating Terrorist Financing
(CTF).
 SMS alert service is designed for enabling customers account update.
 Customers can lodge complaints in person or in writing, over phone or e-mail us from here.
 24/7 Customer Services.(Phone:01841858070 & Email: remit@padmabankbd.com).

Strengths of Remittance Services:

 Account credit service through BEFTN (Bangladesh Electronic Fund Transfer).

 Cash over Counter Service (Payment is made to the beneficiary in cash over the counter of any branch).
 Real Time online Account Deposit.
 E-remittance card.
 To boost up saving habit of the remittance earners.
 Instant Cash Pick up services from any branch.
 Any Bank Account Deposits through RTGS (Conditions Apply).
 Strong IT Integration platform (Like API/Web Portal/ FTP/ demand by Exchange houses).
 Every Branch has a dedicated "Customer Service and Complaint Management Desk" for dispute
resolution.

4.3 Student Banking

4.331 Padma NextGen Account

 Presenting you the perfect solution for future financial planning for your children
 Let’s teach our next generation digital banking from an early age and help them learn to save and build
for future with our Padma NextGen Savings Account.
Features:
 With a minimum opening deposit of BDT100
 Attractive earning on daily balance
 Instant Debit Card with free withdrawal in any ATM
 Exciting discount offers
 Easy monthly deposit plan for future study investment

Terms and Conditions:

 Guardians/legal guardians shall be operating the account
 Account is available for up to the age below 18
 Interest rate is subject to change

Eligibility:
 Padma NextGen Account welcomes your child soon as he or she starts going to school

Others:
Eligible for Padma Spirit Monthly Savings Plan

4.332 Padma Mastermind Account

 To the brave and bold Youth generation who are ready to step-in to create a world of positive change,
we power you up with financial planning tool- our Padma Youth Account
Features:
 Experience the 4th Generation Banking
 Open your bank account instantly through Padma Self-Service App
 Minimum Deposit BDT500
 Instant Debit Card with free withdrawal in any bank ATM
 Loaded with attractive discounts & offers
 Free SMS Alert in the first year
 Banking Service 24/7 through Padma Wallet App
 Create a deposit plan for future study investment

Target Customers:
 18 years old students

Terms and Conditions:

 Studentship of an educational institute
 Cheque book available on request only
 Account is available for up to the age below 28
 Interest rate is subject to change
Requirements:
 Your Student ID’s photocopy
 Your NID’s photocopy
 2 Passport Size Photographs

Others:
Eligible for Padma Spirit Monthly Savings Plan

4.333 Padma Spirit Monthly Deposit Plan

The more you Save the more you Earn

The more you Earn the more you Achieve
Achieve more with Padma Spirit Monthly Deposit Plan.
Features:
 You can save any amount of BDT500 denomination every month in your plan and build your target cash
asset within your preferred tenure.
 Tenure: 2, 6 and 7 years
  Ask our branch for the maturity chart.

Target Customers:
 All Student Banking Account Holders are eligible and welcome to open this Plan.
Terms and Conditions:
 Tagged with Padma NextGen or Padma Mastermind Account
 Interest rate is subject to change.

Requirements:
 Application form for Monthly Savings Scheme available at our branches

Eligibility:
 All Student Banking Account Holders are eligible and welcome to open this Plan.

Others:
 Eligible for loan against the Plan

Sabbir Hossain
B190203043

4.334 Padma Student File Services

A "student file service" typically refers to a service or system that educational institutions use to manage and
store student records and information. These services often include:

1. Academic Records: Storing student transcripts, grades, course history, and academic achievements.
2. Personal Information: Maintaining data like student names, contact information, and emergency contacts.
3. Financial Records: Handling tuition payments, scholarships, and financial aid information.
4. Admissions: Managing applications, admission decisions, and enrollment data.
5. Attendance Records: Tracking student attendance in classes and other activities.
6. Document Management: Storing documents like essays, projects, and research papers.
7. Communication: Facilitating communication between students, faculty, and staff.
8. Security: Ensuring the confidentiality and security of sensitive student information.

Features:
 Transparent and legitimate way of remitting money abroad
 Easy and fastest possible fund transfer facility throughout the duration of the course
 Lowest Student File Opening and Renewal Fee
 Dedicated Student Centers

Requirements:
 Offer letter of the foreign educational institute
 Refund Policy
 Living cost estimate for 1 year
 All originals and photocopies of educational examination certificates (O/A Level, HSC/SSC, IELTS,
TOEFL etc.)
 Original Passport (Both old & new)
 2 passport size photographs of the student
 2 passport size photographs of the financer
 NIDs of Student and financer

Eligibility:
 Acceptance of a foreign university/educational institute

4.4 Loan Products (Retail Banking)

4. 441 Padma Bank Auto Loan

An auto loan is a type of installment loan provided by a financial institution, such as a bank, credit union, or
online lender, to help individuals purchase a vehicle. A bank auto loan summary typically provides an overview
of the key details and terms associated with an auto loan offered by a bank.
Features:
 Tailored auto financing for your needs
 Benefits of purchasing brand new, reconditioned and pre-registered car
 Competitive and affordable interest rate
 Fastest possible funding
 Simple documentation
 Choose your dream car from multiple enlisted auto dealers

Terms and Conditions:

Loan Amount: BDT 300,000/- to BDT 40,00,000/- or 50% of car value (for brand new & reconditioned car) &
40% of car value (for pre-registered/ used car) whichever is lower.
Repayment Term: From 06 months to 60 months
Requirements:
Age: From 21- years to 65- years or retirement date whichever comes earlier
Job Experience: 1 or 2- years depending on the nature of profession
Minimum Income: BDT 40,000/-
Others:
*Conditions applied
4. 442 Padma Bank Home Loan
3- things you need to start doing right now-
 Stop being a tenant, dream of becoming an apartment owner
 Add more bricks on your existing home
 Be just about right on how more splendid your existing home could be
Padma Bank Home Loan is just the solution you are looking for aswe believe in providing a 360- degree
approach to help you find, not only your desired financing amount, but also the home itself. Our panel of expert
home loan relationship managers hold a vast expertise in connecting you with the market proven real estate
companies, if you find it difficult to match with your expectation and affordability.
That is not all! We are ready to give you your required financing facility within shortest possible time.
Features:
 A complete range of Home Loan solution covering urban, sub-urban, industrial and rural areas
 Financing facility in both under-construction or ready property
 Home loan financing facility for the Bangladeshi expatriates working abroad
 Fastest possible time in approving your home loan
 Loan facility up to 25 years
 A wide range of pre-approved projects that helps save your valuable time and effort
 Panel of expert home loan relationship managers
 Opportunity of becoming Padma Priority Client with an array of added benefits based on your financing
amount
 Home loan facility across the country
 Competitive interest rate

Target Customers:
Age: 21 years to 65 years or retirement age whichever is earlier.
Job Experience: 2 to 3 years depending on the profession of the applicant.
Minimum Income: BDT 25,000 to BDT 50,000 depending on the nature of the profession of applicant (except
NRBs)

Terms and Conditions:

Loan Amount: Conventional Home Loan- Up to BDT 20 million or 70% of the property
Home Credit- Up to BDT 20 million or 70% of construction value
NRB Home Loan- Up to BDT 20 million or 75% of property value
Rural Home Loan- Up to BDT 8 million or 70% of construction value
Semi-Pucca Property Financing- Up to BDT 5 million or 50% of land value.
Repayment Term: Conventional Home Loan & Home Credit- Up to 25 years (except for renovation)
NRB; Rural; Semi-Pucca Home Loan- 2 years to 15 years
Conditions applied

4.5 Digital Banking

4. 551 Padma Instant

This is a digital Savings Account developed to facilitate the customers

to open this account from anywhere and anytime through internet via
the Bank’s website (www.padmabankbd.com). After successfully
completing the online application, an Officer from Head Office will
call and assist the prospective client to complete the online account
opening process. A Relationship Officer from the client’s desired
branch will communicate with him/her and set an appointment to
collect the required documents. This to be noted that an one-time
personal meeting is needed for introduction and obtaining original ID documents as per Bangladesh Bank
regulation.

The features of Padma Instant are as follows:

 Account opening facility through digital platform

 Convenient banking. No need to come to any branch
 Free monthly e-Statement
 Simple and instant fund transfer
 Free cheque book (for 1st time)
 Interest payment on deposit

There is no initial deposit required to open this account.

MD. Shahed Ali

B2020203089

4. 552 Padma wallet:

Driven by the evolution of technology and growing customer demands, banks are turning to modern software,
connected devices, and the web to manage highly sensitive data between customers, investors, and employees.
And it should come as no surprise that mobile banking app development is front and center. Padma Wallet is the
official mobile device-based application of Padma Bank.
It carries the following features and advantages:
 24-hour access to account balances
 Account history and transactions viewing
 Funds transfers
 Mobile top-ups facility
  Utility Bills Payments
 Branch and ATM Locator.
 It can be accessed via a client’s Android or iOS smartphone or tablet computer

4. 553 Padma i banking:

This is the official internet banking gateway of the Bank – an electronic service provided to the customers to
perform transactions, payments etc. over the internet through the Bank's secure website. A bank-customer (who
is registered to this platform) whether at work or at home, even while he/she is on the move, can log into the site
and do banking at his/her own convenience.
Following features and benefits are there for Padma i-Banking:
 24/7 account access
 Monitor Account Activity:
 View Transaction History
 Balance Enquiry
 Mini Account Statements
 Linked Account Information
 Fund transfer to other Padma Bank accounts
 Fund transfers to other bank account
 Fund transfers to bKash account
 Utility Bill Payments
 Easy Mobile top-ups facility
 Branch and ATM Locator

4.6 Other Banking

4. 661 Corporate Banking:

Padma Bank offers comprehensive corporate banking solutions through uniquely designed products and
services. With the view to cater diverse financial needs of growing corporate sectors, we extend structured
financial, advisory and operational support. Our relationship team has the experience and expertise to design the
right kind of finance packages for sectors like Power, Packaging, Telecommunications, Healthcare,
Construction, Pharmaceuticals, Edible oil Refinery, RMG, Hotel & Tourism, Steel, Agri-Business (Poultry,
Food Processing) Ship Building, Trade & Commerce sector etc.

Our offers include funded and non- funded facilities to assist Traders, Manufacturers and service industries to
the followings:

 Working Capital Finance
 Syndication & Structured financing
  Trade Finance
 Lease finance
 Treasury and off-shore Banking
 Industrial and Project Finance

Ambia Binte Asad Lamia

B190203078

4. 662 Agent Banking

Agent Banking means providing limited scale banking and financial services to the underserved population and
maintains banking relationship with customers of Padma Bank Limited through engaging the agents under a
valid agency agreement. Agents are the owner of one outlet or more than one outlet who ensures banking
facilities on behalf of Padma Bank Limited.

Padma Bank Limited is working for Agent Banking activities with permission letter no:
BRPD(P-3)/745(65)/2020-2561 dated 3rd March, 2020 from Bangladesh Bank.

To facilitate and secure the services of agent banking, Padma Bank Limited is using the Agent Banking
Software which enables the transactions to be real time through online. The transactions is secured by two
factor authentication (2FA) by both the customer’s and the agent’s thumbprint through a biometric device.
Customer is notified through a system generated printed receipt of the executed transaction and an SMS as well.

Eligible Entities:
Padma Bank Limited may engage the following entities as Bank Agent:

 MFIs regulated by Microcredit Regulatory Authority of Bangladesh

 NGOs registered with Social Welfare Directorate
 Societies registered under the Societies Registration Act, 1860
 Cooperative Societies formed and controlled/supervised under the Cooperative Society Act, 2001
 Government offices having branch/unit offices
 Courier and mailing service companies registered under Ministry of Posts & Telecommunications
 Companies registered under the Companies Act, 1994
 Agents of mobile network operators
 Local government institutions
 Union Digital Centre (UDC)
 Agents of insurance companies
 Any business entity having trade licenses from eligible authorities and
 Any other entity which Bangladesh Bank may prescribe or authorize.
Agent Banking Services:
Collection and Processing of documents in relation to all types of Account Opening, Loan Application, Credit
and Debit card.
 FIxed Deposit and DPS Services
 Cash deposit and cash withdrawal
 Inward foreign remittance disbursement
 Disbursement and repayment of loans
 Collections of bills/utility bills
 Collection of insurance premium
 Payment of retirement and social benefits
 Payment of salaries
 Transfer of funds through BEFTN, RTGS
 Balance enquiry
 Generation and issuance of mini bank statements
 Recovery monitoring of Loans and Advances

4.7 Women Banking

4. 771 Padmabati(পদ্মাবতী)

Women play a vital role in the economy of in all sphere of life. As most women are involved in taking care of
family, they know better how to plan and manage finance and cash requirements on day-to-day basis. In this
regards Padma Bank designed a complete savings account titled "Padmabati".
Features:
Daily closing balance Interest rate
Below BDT 10,000 0.00%
More Than BDT 10,000-BDT 5,00,000 5.00%
BDT 5,00,001-BDT 25,00,000 5.50%
More than BDT 25,00,000 6.00%
 Daily profit: To make the product more appealing to the women segment, daily profit will be provided
based on day-end balance and profit will be provided on the following day along SMS service alert.
 Account in the name of Minor: Account can be opened in the name of minor, however in that case
Parent/Legal guardian will operate the account. Also, Debit card can be issued in the name of minor but
the card can be used by the mninor upon consent of Parent / Legal guardian.
 Loan Facility: Lucrative offer if salaried Executives/Entrepreneurs can be offerd up-to 2 lakh Loan.

4.8 SME Products

4. 881 Padma Uddog Loan

Features:
 Working capital requirement
 Acquisition of fixed assets and expansion of business.
 Loan Limit: 1. Min: BDT0.50M 2. Max: BDT 30.00M
Requirements:
 Valid trade license.
 Updated E TIN/Tax return certificate
 Notarized partnership deed/registered by Sub Register Officer (in case of partnership).
 Memorandum and Articles of Association in case of Limited Company.
 Passport/National voter ID/ward commissioner/UP chairman certificate of the
Proprietor/Partner/Directors.
 Photo of the proprietor/Partners and guarantors.
 Statement of all active bank loans (if any).
 Last 12 months bank statement of transactional account.

Eligibility:
 Minimum 03 years per trade license or any valid documents.
 Male: Minimum age 23 years and maximum age 60 years
 Female: Minimum age 21 years and maximum age 55 years
 Proprietorship/Partnership or Limited liability

4. 882 Padma Commercial Space Financing

Features:
 For Purchasing commercial space for business expansion.
 Constructing commercial space
 Renovating, face uplifting commercial space
 Loan Limit: 1. Minimum BDT 5.00M 2. Maximum: BDT 30.00M

Requirements:
 Valid trade license.
 Updated E TIN/Tax return certificate
 Notarized partnership deed/registered by Sub Register Officer (in case of partnership).
 Memorandum and Articles of Association in case of Limited Company.
 Passport/National voter ID/ward commissioner/UP chairman certificate of the
Proprietor/Partner/Directors.
 Photo of the proprietor/Partners and guarantors.
 Statement of all active bank loans (if any).
 Last 12 months bank statement of transactional account.
Eligibility:
 Minimum 25 years
 Maximum 60 years at the time of application
 Business experience: 5 years consolidated (3 years continues business in the same line)
 Proprietorship/Partnership or Limited liability

Mahia Chowdhury
B190203095

4. 883 Padma Nirman Loan

This loan is about aiding CMSME customers in building and renovating structures, including tin sheds,
permanent buildings, and semi-permanent structures up to the 6th floor. This assistance is focused on areas near
industrial zones, BSCIC, and EPZ regions.
Features:
 To support construction and renovation of tin shade, pacca, semi pacca and building not exceeding 6th
floor.
 CMSME customers who construct, renovate, extend building, Semi Pacca house tin shed in area
adjacent to industrial, BSCIC, EPZ etc. areas.
 Loan Limit: 1. Minimum: BDT 1.00M 2. Maximum: BDT 20.00M

Requirements:
 Valid trade license.
 Updated E TIN/Tax return certificate
 Notarized partnership deed/registered by Sub Register Officer (in case of partnership).
 Memorandum and Articles of Association in case of Limited Company.
 passport/National voter ID/ward commissioner/UP chairman certificate of the
Proprietor/Partner/Directors.
 Photo of the proprietor/Partners and guarantors.
 Statement of all active bank loans (if any).
 Last 12 months bank statement of transactional account.
 Original title deed of the property
 Certified copy of purchase deed along with Deed-Delivery receipt duly endorsed (in absence of original
title deed)
 Bia deeds of the mortgage property
 Mutation Khatian along with DCR, B.S Khatian
 Any other documents deemed necessary as per law of land/lawyer.
Eligibility:
 Minimum 21 years
 Maximum 60 years at the time of loan application.
 The client has to have 3years experience

4. 884 Padma Goti Loan

This loan is about CMSME clients acquiring fixed assets for their business, such as vehicles, construction
equipment, machinery, and more. However, it excludes financing for public transport businesses like passenger
buses, taxis, and three-wheelers.
Features:
 To acquire Fixed Asset for the purpose of own business by CMSME clients
 Light Weight and Heavy Weight vehicle, carrying goods, used in business activities including Cargo,
Water Vessel etc.
 Trailers, cranes and any other construction equipment / materials, spare parts etc.
 Any other Machineries/Plants/Equipment, Boilers etc.
 Public transport business e.g. passenger bus, taxi, three wheeler will not be financed under this product.
 Loan Limit: 1.Minimum: BDT 0.50 Million 2. Maximum: BDT 20.00 Million

Requirements:
 Request letter
 At least 02 quotation for price verification
 In case of Lease invoice to be issued on favor of Padma Bank Limited A/C. Client Name
 Bank statement for last 1 year
 Business loan sanction letter and loan statement , if any, for one year
 Last 3 years financial data with projected data covering loan tenor
 Sales memo/Cash memo/MFSs statement/Purchase document as proof of business activity
 List of Fixed asset, Machinery, Vehicles, Stock report, Payable and receivable report.

Eligibility:
 Male: Minimum age 23 years and maximum age 60 years
 Female: Minimum age 21 years and maximum age 55 years
 Proprietorship/Partnership or Limited liability

4. 885 Padma Shahaj Loan

This is about loans for working capital, buying assets, or expanding a business. The client needs local residence
and a business near a PBL branch, and they can get up to 400% of their deposit as a loan.
Features:
 1.Working capital requirement
 2.Acquisition of fixed assets and expansion of business
 3.Term Loan or Time Loan in nature
 4.Client must have permanent residence in local area.
 5.Business premises should be within 25 Kilometer of any PBL branch
 6.Clients will get maximum 400% loan facilities on their deposit money
 Loan Limit: 1. Min: BDT0.50M 2. Max: BDT 2.00M

Requirements:
 1.Valid trade license.
 2.Updated E TIN/Tax return certificate
 3.Notarized partnership deed/registered by Sub Register Officer (in case of partnership).
 4.Memorandum and Articles of Association in case of Limited Company.
 5.Passport/National voter ID/ward commissioner/UP chairman certificate of the
Proprietor/Partner/Directors.
 6.Photo of the proprietor/Partners and guarantors.
 7.Statement of all active bank loans (if any).
 8. Last 12 months bank statement of transactional account.

Eligibility:
 Male: Minimum age 23 years and maximum age 60 years
 Female: Minimum age 21 years and maximum age 55 years
 Minimum 03 years per trade license or any valid documents.

5. Conclusion
Padma Bank’s sustainability journey began at its inception in January 2019 and evolving over time as an
integral part of the Bank’s objectives and its constant contributions. The Bank is committed towards creating
sustainable long-term value through improving the financial well-being of it’s customers and communities.
The Bank aims to grow and maintain a healthy and diversified financial profile for inclusive economic growth.
Since inception, the Bank has played a significant role in shaping the lives of people and developing the
economies and communities in which it operates. This is done through supporting and financing strategic
projects in our country in addition to pioneering its social responsibility by serving its communities’ needs and
priorities.
It will continue to focus on delivering the customers with better services and maintaining momentum to make
Padma bank a simpler and better bank for customers while promising to be transparent about their progress.
 6. References
1.Padma Bank Ltd (https://www.padmabankbd.com)
2. Wikipedia ( https://en.wikipedia.org/wiki/Padma_Bank_Limited )