Trust Student Account is a savings account specifically designed for students below twenty-five (25) years of age. The account aims to promote financial inclusion among students and provide convenient banking services with attractive benefits and educational support facilities.
Features of the product:
• Higher interest rate
• Interest will be calculated on daily balance
• Interest will be credited on monthly basis
• Free ATM cash withdrawal facilities
• Access to ATM Booth / POS / Teller Counter and Trust Money App
• Initial deposit only BDT 100
• Concession on different banking service charges
• Round-the-clock ATM access across the country
• No queues for withdrawal of money
• Easy processing of Student Files
• Loan facility for purchasing Laptop / Desktop Computer / Smart Phone / Gadget for educational purposes / Higher study / IT Training etc.
• Trust Student DPS facility available for any amount in multiples of BDT 100 for the tenors: 2, 3, 4, 5, 7, and 10 years
- Need to be a student.
- Account holders must be citizens of Bangladesh.
- Account Operating Authority:
- Student under 18 years of age: With the assistance of Parent / Legal Guardian
- Students aged 18–25 years: Self
Student Under 18 years of age:
• Monthly withdrawal limit through ATM card, POS & online channels: BDT 15,000
• Limit can be extended up to BDT 25,000 upon request from parent / legal guardian
• Maximum Monthly Deposit: BDT 25,000
• Account Balance shall not exceed BDT 300,000 at any time
Students aged 18–25 years:
The transaction limit shall be determined as per student's KYC/TP.
For Student:
• Student’s Birth Certificate and school ID card / certificate issued by educational institute / latest monthly school fee money receipt (attested photocopy)
For Parent / Legal guardian (for students under 18):
NID, proof of fund, TIN (if any), utility bill and other necessary documents as advised by management.
