Padma Bank Limited has introduced interest-free Islamic Shariah-based banking facilities. The journey of “Padma Bank Islamic” has officially started on May 25 with the promise to give modern and digital banking services.
All the transactions are being managed by a completely separate Islamic software-based accounting system.
Padma Bank Limited has opened the doors of interest-free banking services for all customers irrespective of religion and caste through 60 branches and 14 sub-branches across the country.
From now on, any customer can avail Islamic banking services from anywhere of the country at any time. Anyone can open a “Padma Bank Islamic” account instantly through Padma Wallet and Padma Internet Banking.
With the “Padma Bank Islamic” Debit Card, clients can withdraw money from any ATM booth of any bank in the country which is completely free of cost. Besides, a free SMS alert service for ATM and POS transactions will reach the customer's phone.
