Prime Bank has introduced an interest bearing current account ‘Prime Lenden’ to facilitate business of cottage, micro, small and medium enterprises (CMSMEs).
This business account is designed to bring the unbanked CMSMEs across the country under formal financial system with no need of initial deposit to open an account.
The customers will enjoy interest against maintaining certain balance in this transactional account.
A host of lucrative benefits include Business Debit Card, Secured Internet Banking Facility, Transactional Alert via SMS, e-statement, Utility Payment Services of business via Altitude, money transfer / payments to Mobile Banking Wallets and many more.
The other benefits of Prime Lenden include free 10 leaf cheque book, waiver of inter-branch online charge, free access to any bank’s ATMs, periodic e-Statement through email, a range of transactions facility through BEFTN/ RTGS/NPSP/ DDI/ Auto BEFTN, payment of e-commerce transactions from debit card and POS transaction at major shopping outlets.
Commenting on the new product, Prime Bank’s Acting Managing Director and CEO Faisal Rahman said: “This unique proposition manifests the bank’s strong commitment to the grassroots entrepreneurs who needs affordable and convenient banking solutions for running their business”.
He also said that Prime Bank is committed to easy access to financing to CMSMEs with innovative and tailor-made banking solutions.
CMSMEs being lifeblood and engine of growth of economy, Prime Bank strives to contribute to the government’s development journey through entrepreneurship development especially in CMSME sector.