BRAC Bank offers banking benefits for Brac University students

BRAC Bank has signed a partnership agreement with Brac University (BracU) to provide preferential benefits of Agami, a complete range of student banking services.

This agreement will enable Brac University students to enjoy several benefits of Agami proposition, including financing for their educational expenses with Agami personal loan, Agami savers account, a convenient student file service, and study abroad CC for the purpose of overseas studies, said a press release.

Agami Personal Loan will give special privileges to meritorious students of BracU and general students to finance their education fees.

“Agami proposition brings in a bundled solution covering personal loan, savings account, study-abroad credit cards, and student file services. Agami Personal Loan will benefit parents, helping them bear their wards' educational expenses. With these banking facilities, the students of Brac University will now be able to realize their potential and fulfill their dreams,” said Md Mahiul Islam, head of retail banking of BRAC Bank.

Also, it is a charge-free account for students with many benefits. Opportunity to open an account with only Tk 250, avail of a free multi-currency debit card and earn interest with any balance starting from Tk 1. The 100% annual fee in the first year of study abroad credit card will be waived.

“We think this collaboration will benefit the students and their parents in achieving their goals. We are thankful to BRAC Bank for making us a preferential partner of student banking services. We hope this will open an avenue of opportunities for the students,” said Professor Vincent Chang, vice-chancellor of Brac University.

Students can open an account through a digital channel instantly within 10 minutes. BRAC Bank’s Mobile Banking App Astha will be free for students to enhance digital banking among the youth.

Regarding this MD and CEO of BRAC Bank Selim R F Hussain commented: “The students are our future. They should get to learn financial management and start banking from an early age, which would help them in their lives. We have all the banking services and digital solutions for this tech-savvy generation.”