Overview

Grow smarter with Bank Asia Star Savings Account — designed to reward you as your savings increase. Enjoy attractive interest rates based on your balance, complimentary insurance protection, and the convenience of enhanced banking privileges. With security, flexibility and exclusive benefits, the Star Savings Account is your smarter way to save for a brighter future.

 

Key Features

  • The minimum deposit required to open a Stars Savings account is BDT 50,000
  • Insurance Facility 
  • Interest rate up to 4.00% on account balance, subject to fulfillment of criteria
  • No forfeiture rule
  • No online charges, If BDT 50,000 average balance is maintained
  • Cheque Book & Debit Card facility
  • No debit card fee, If BDT 50,000 average balance is maintained
  • Convenience of Access
  • Standing instruction facility
  • Online, SMS & Internet Banking service through Web & Smart App
  • e-Statement facility
  • Call Center facilities 24/7

 

Insurance Facility:

  • Death Insurance Benefit up to BDT 10,000 and Living Benefit up to BDT 5.00 Lac for treatment of 18 critical diseases, based on maintaining a required monthly average balance.
  • Customers must maintain a Monthly Average Balance of BDT 50,000 at all times to avail insurance benefits.
  • Eligibility for insurance coverage will be determined based on the six-month average balance.
  • Age requirement: Minimum 18 years and maximum 59 years for enrollment in the Insurance Benefit.
  • Insurance coverage will cease at the age of 60 years.
  • In the case of a joint account, only the primary account holder will be entitled to the insurance benefit.
  • Account holders will be eligible for the Living Benefit after 180 days of enrollment in the insurance facility.
  • Insurance facilities will be provided by Guardian Life Insurance Limited.

 

Documents Required

  • Completed account opening form
  • Passport size photograph for each account holder and nominee(s)
  • Proof of identification such as national/Voter's ID, Passport or Driving License customer & nominee(s)
  • Tax Identification Number (TIN)/Proof of Tax Return (for depositing over Tk. 10,00,000.00)
  • It is mandatory to fill up Star Savings Account Shield Insurance Enrollment Application along with Medical Certificate to get insurance benefit