Dhaka, Bangladesh (BBN)- The state owned Janata Bank formally launched a new scheme on Thursday titled 'small savings project at home' through SMS to attain the economic prosperity for the low-income people.

Chairman of the bank Abul Barkat inaugurated the project at Tongi, which is the first-ever implementation of Bangladesh Bank's e-banking system, the bank officials said. 

Under the scheme, each client will get the opportunity to deposit between BDT 100 and BDT 5,000 at a time. If he or she has at least BDT 3,000 deposited in the account, then she or he will enjoy the opportunity of 4.0 per cent to 6.5 per cent interest annually, they added. 

 

BBN/SSR/SI/AD-30July10-1:02 pm (BST)