Top 10 Student Friendly Banks in Bangladesh
10 Best Student Friendly Banks in Bangladesh
Do you want to open a Student bank account in Bangladesh? Here is the list of 10 best student friendly banks in Bangladesh. If you have the student friendly bank account then it should leave you less stressed and better off. When you simply put, the ‘best’ student bank account is the one that works for you.
You’ll definitely want a ‘student account’ rather than a bog-standard current account if you’re after a generous overdraft. Also, you’ll want one that comes with an app when you want to manage your money from under your duvet.
Moreover, the savings can be substantial if the free gift is something you’d buy or need anyway. However, you may pay far more in penalty fees over the year than the freebie is worth when you’re likely to overspend on your student account. So, check the reward isn’t something you could get anyway whatever you do.
How Choose the Top 10 Student Friendly Banks in Bangladesh?
You should not have to stick with the bank that does your student account when it comes to top 10 student friendly banks for a savings account. And simply grab the best possible deal on every one separately. But, when you want more than one current account so you’ve got somewhere to stash your loan then drip-feed it into the account you use for daily spending.
Although more than half of all students stick long-term with the bank they first go with, that only makes sense if you’re getting the best possible deal. Now’s the time to see what else is out there and trade-up if you’re not.
Apart from these, consider some factors while choosing the best student friendly banks in Bangladesh, such as-
- If you’re the kind to stay in credit, interest on positive balances
- When you’re worried about unexpected costs, low fees for overspending
- While opening or regularly paying into an account, cash or rewards
- Consider having a local branch and a Smartphone app
- If it gives you the overdraft coverage you need shop around for a bank
- To get funding, such as bursaries or loans Have a back-up or research other places
- Avoid spending more than your overdraft allowance
What are the Top 10 Student Friendly Banks in Bangladesh?
All banks of Bangladesh go under the full supervision of the Bangladesh Bank, which is the central bank of the country. After established in 1971, Bangladesh Bank is not only responsible for managing the gold reserve but foreign currency, and for maintaining price stability in the country.
Thanks to strong private investments and growth of private consumption because the country is experiencing strong and stable economic growth. This list of p 10 student friendly banks in Bangladesh is a helpful guide on where to start for anyone who is considering a banking career in Bangladesh.
As one of the major banks in Bangladesh, HSBC established a presence in 1996. One of the largest is in the world of their treasury and capital markets business. Also, they come with various financial products and services for the customers, including
- Commercial and consumer banking,
- Trade services,
- Clearing and global liquidity, and
- Cash management
2. Dutch-Bangla Bank
Their ATM is available all over Bangladesh. DBBL is considered as one of the best student friendly banks in Bangladesh. Under the Bank Companies Act 1991, the Dutch-Bangla Bank Limited or DBBL was founded in 1995. As a public limited company under the Companies Act in 1994 to provide banking and financial services in the country, the bank was later incorporated. Although DBBL is based in Dhaka, it’s listed with the Chittagong Stock Exchange Limited and Dhaka Stock Exchange Limited. Do you know the best bank in Bangladesh for Savings Account?
3. Sonali Bank
One of the most popular banks in our country. Sonali Bank is the largest bank among the Bangladeshi banks, which is the state-owned commercial bank. By proclamation of the Banks’ Nationalization Order of 1972 (Presidential Order-26), it’s also the leading Nationalized Commercial Bank. It also operates branches in the UK, but it’s headquartered in Dhaka. After founding in 1972, it comes with various banking products, such as-
- Finance and insurance,
- Consumer and corporate banking,
- Investment banking, and
- Investment management
4. Islami Bank Bangladesh Limited (IBBL)
At the number 4, IBBL is one of the best student friendly banks in Bangladesh. One of the Islamic Shari’ah law follower banks in Bangladesh, Islami Bank Bangladesh Limited was founded in 1983. Providing a range of commercial banking services that are based on Islamic Shari’ah law, it was the first Islamic bank in Southeast Asia as well.
And it owns the largest branch network among the private sector banks in Bangladesh with 332 branches. It serves more than 33,000 clients as of 2016 and it’s listed with the Chittagong Stock Exchange Limited and Dhaka Stock Exchange Limited. So you can choose IBBL to open your first bank account.
5. Janata Bank
Opening a bank account in the Janata Bank is a right decision if you have very limited money. Providing a range of financial services, Janata Bank is a state-owned commercial bank. With headquarters in Dhaka, the bank operates through its 912 branches throughout the country.
6. Standard Chartered Bank
This is one of the best banks in Bangladesh for Students. Standard Chartered Bank is not only the oldest but largest of the international banks in Bangladesh as well. Also, the first foreign bank to extend credit lines to the country, which was established in 1972. Along with 26 branches and booths, as well as 83 ATMs, Standard Chartered Bank oversees a network of 26 branches in Bangladesh. Apart from these, the bank offers a full range of products and services, such as retail banking, treasury, and foreign currency exchange.
7. Prime Bank Limited
As a student you can open a Student Bank Account in the Prime Bank. Prime Bank Limited is a fully licensed commercial bank that provides a wide selection of banking products and services, including commercial, corporate, and personal banking. After establishing in 1995, the bank serves various industries, and all segments of society, within the framework of the Banking Company Act.
8. Habib Bank Limited HBL
HBL was the first commercial bank in Pakistan, which was founded in 1947, but it was established in 1976 in Bangladesh. After the presence in Bangladesh, the bank is providing various banking services, including Investment banking, consumer banking, and retail banking.
9. State Bank of India
Through its eight branches in five districts, the State Bank of India operates in Bangladesh. But, it’s Indian government-owned corporation provides commercial banking services all over the world that has more than 20,000 branches and 189 international offices in 35 countries. Besides, it was ranked 59th on the list of Top 1000 Banks in 2015.
10. Grameen Bank (NGO)
Providing small loans or micro-credit to impoverished individuals, Grameen Bank is a microfinance organization and community development bank. As an independent bank, it was authorized by national legislation to operate in 1983. As professor Muhammad Yunus was the man behind Grameen Bank, the Yunus’ research project looked into a credit delivery system that aims to provide banking solutions to the poor in rural areas