Payroll Banking

Jamuna Bank – Payroll Banking is a comprehensive payroll service management platform with just a few clicks for the multinationals, corporate and any organizations as well as their employees, offering a wide range of personal banking services which includes Payroll Account, Debit Cards, and Credit Cards with unique package of retail loan products and other financial services at preferential price.

Key Features of Payroll Account

– It’s a standard common Bank account used for salary deposit (other fund may be deposited) and availing overdraft (OD) facility against Earned Salary
– Interest will be calculated on daily Credit/Debit balance standing in the account.
– Access through Mobile Wallet, Internet Banking and Apps
– Debit Card, Cheque Book, Internet banking service
– Eligible for Credit Card as per existing rules
– SMS Alert & Call Center facility
– Fund Transfer or Payments facility through BEFTN , RTGS and MFS
– Transactions report can be generated and downloaded from Mobile wallet/Apps
– Online Cheaque requisition and Positive Pay Instruction for the Issued Cheques
– Real time Transaction Monitoring and Payments to Payroll Account and Card
– Secure web based upload solution with security device (OTP) to execute transaction

Organization criteria:

– Any Multinational Companies, Large Corporate Houses, Local/Foreign NGOs , Small and Medium Enterprise/ Institutions (Proprietorship, Partnership & Limited Company), School, College, Club Society, Local Authority & Other Organizations operating in Bangladesh .
– At least 10 accounts by staff/employees to be enrolled

Employee criteria:

– Adult Bangladeshi and/or foreigner having valid VISA and work permit in Bangladesh
– Age 18 years and above

Organization Benefits:

– Dedicated Payroll Support team to handle enquiry and complaints
– Automated Salary and Allowance disbursement
– Zero processing fee and No salary transfer charge
– Employee’s PF account opening option at preferential interest rate
– Option for opening Employee’s PF Account under company name or individual staff name
– Priority Banking service

Individual Benefit:

– Zero balance account opening
– No minimum account balance
– No account maintenance Fee
– Free online banking services
– Easy access to account and transaction through digital wallet
– Unlimited transactions & E-Statement facility
– Waiver on Debit Card & Cheque Book issue Fee
– Waiver on Credit Card Annual Fee
– Preferential Interest rate and processing fee on Retail Loans
– Country wide connectivity by NPSB to meet the financial service needs of diverse client base
– Special training on financial literacy and free financial advisory service