TARA Savings Products
TARA Triple Benefit Savings Account
For women who want consistent growth, higher returns, and exclusive rewards.
Key Features:
- Debit card annual fee waived for 1st year; 2nd year waiver with an average balance of 50,000 Taka or more
- Welcome vouchers from prominent lifestyle brands
- Higher monthly interest than the regular Triple Benefit Savings Account
- Interest is credited upon maintaining the minimum balance requirement
- Double reward points every Tuesday
- 2% grocery cashback monthly (up to 500 Taka) with TARA Debit Card
- Chequebook available on request
TARA Golden Benefit Savings Account
Exclusive benefits and enhanced protection for women aged 50 years and above.
- Debit card annual fee waived for 1st year; 2nd year waiver with an average balance of 100,000 Taka or more
- Welcome vouchers from prominent lifestyle brands
- Higher monthly interest than the regular Golden Benefit Savings Account
- Interest is credited upon maintaining the minimum balance requirement
- Double reward points every Tuesday
- Chequebook available on request
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Insurance coverage from MetLife with a 30,000 Taka minimum balance:
- 10,000 Taka Group Life coverage for death due to sickness
- 600,000 Taka coverage for accidental death
- Accidental medical reimbursement up to 18,000 Taka per incident
TARA Homemakers Savings Account
Designed for homemakers with flexible saving options and no income proof required.
Key Features:
- Debit card annual fee waived for 1st year; 2nd year waiver with an average balance of 10,000 Taka or more
- Welcome vouchers from prominent lifestyle brands
- Monthly interest on any balance (up to 500,000 Taka)
- Double reward points every Tuesday
- 2% grocery cashback monthly (up to 500 Taka) with TARA Debit Card
- Chequebook available on request
Account Regulations:
- Monthly income must not exceed 200,000 Taka
- Initial deposit limit: 500,000 Taka
- Maximum deposits: 1,200,000 Taka in any consecutive 6 months
Conversion Policy:
- Account deposits exceeding 1,200,000 Taka in 6 months will be converted to a TARA Triple Benefit Savings Account; supporting documents required.
TARA Happy Savers Account
A digital-first savings option for convenience seekers.
Key Features:
- Debit card annual fee waived for 1st year
- Welcome vouchers from prominent lifestyle brands
- Interest on any amount from 1 Taka
- Higher monthly interest than the regular Happy Savers Account
- Interest is credited when the minimum balance requirement is maintained
- Double reward points every Tuesday
- Chequebook not available
TARA High Value Premium Savers Account
Tailored for high net-worth women seeking premium privileges.
Eligibility
- A minimum balance of BDT 10 lacs is required to open this account
- Account holder must be a Bangladeshi national
Special Features
- Free VISA Platinum Multicurrency Debit Card and chequebook with exclusive welcome box
- Attractive interest income based on the monthly average balance
- Zero account maintenance fee
- No intercity charges on transactions
- 50% waiver on locker service and student file fee
- Free access to Balaka VIP Lounge (for 4 persons)
- Access to exclusive Premium Banking centres
- Preferential fees and charges as per SOC
- Exclusive welcome vouchers from renowned lifestyle brands
Additional benefits are available for Premium Banking customers upon maintaining the required threshold:
- BDT 30 Lac or above in any Savings/Current Account
- BDT 50 Lac or above in Term Deposit and/or Savings/Current Account
TARA Agami Savers Account
Smart, seamless student banking for school, college and university students.
Eligibility
- Bangladeshi nationals aged 18–25
- Valid student ID
Special Features
- Debit card annual fee waived for 1st year
- Welcome vouchers from prominent lifestyle brands
- Interest on any amount from BDT 1
- Zero account maintenance fee
- Multi-currency debit card facility
- Annual fee redemption facility with 500 reward points
- Double Reward Points on debit card transactions every Tuesday and Thursday
Conversion Policy
This account will automatically be converted into a regular account once the account holder reaches the age of 26.
Standard charges as per Schedule of Charges (SOC) will then apply.
TARA Virtual Account
Secure digital banking with a virtual debit card.
Special Features:
- Debit card annual fee waived for 1st year
- International e-commerce payments
- Seamless QR & online transactions
- ATM cash withdrawals from BRAC Bank ATMs
Fast Track Services:
- Internet Banking
- Call Centre
- SMS Banking
- e-Statement
- ATM facility
Half-Yearly Account Maintenance Fee: (For All Accounts Except TARA Virtual Account)
- Average balance up to 10,000 Taka: Free
- Average balance above 10,000 Taka to 25,000 Taka: Up to 100 Taka
- Average balance above 25,000 Taka to 200,000 Taka: Up to 200 Taka
- Average balance above 200,000 Taka to 1,000,000 Taka: Up to 250 Taka
- Average balance above 1,000,000 Taka: Up to 300 Taka
Half-Yearly Account Maintenance Fee (for TARA Virtual Account):
- Average balance up to 10,000 Taka: Free
- Average balance above 50,000 Taka: Free
- Average balance above 10,000 Taka to 25,000 Taka: Up to 100 Taka
- Average balance above 25,000 Taka to 50,000 Taka: Up to 200 Taka
*VAT applies to all fees and charges
*Conditions applicable
*Fees and charges are subject to change as per SOC
TARA Credit Cards and Loans
Visa TARA Platinum Credit Card
Step into a world of privileges with exclusive offers and lifestyle rewards.
Annual Fee: 2,500 Taka + VAT (100% waiver with 2,000 reward points, 50% with 1,000 reward points)
Eligibility: Minimum monthly income 20,000 Taka.
Rewards & Benefits
- Welcome vouchers from exclusive lifestyle brands
- 1,000 Taka cashback on spending 50,000 Taka within the first 3 months
- Double reward points every Tuesday on retail transactions
- 1 reward point for every 80 Taka spent on purchases (POS, QR and e-commerce except MFS and Passthrough transactions)
Airport Lounge Access
- Complimentary year-round access to the Balaka Executive Lounge for primary cardholders
- Access to 1,100+ international lounges with LoungeKey ($29 per visit per person)
Dining Privilege
- Buy-1-Get-1 Free Buffet at top restaurants year-round.
Insurance Benefits for Primary Credit Cardholder (Credit Shield)
- In Patient: Up to 5,000 Taka per night, per incident maximum 30 nights covered
- Natural Death / Permanent Total Disability: 200% of Outstanding Balance (Max 20,00,000 Taka)
- Accidental Death: 400% of Outstanding Balance (Max 40,00,000 Taka)
- Critical Illness: 50% of Outstanding Balance (Max 5,00,000 Taka)
Healthcare Benefits
- Up to 25% discount at Labaid Hospital
- 7% discount on all services at Square Hospitals Limited
- Up to 20% discount on selected services at United Hospital
Lifestyle Benefits
- Exclusive discounts and special deals at 100+ partner outlets
P@y Flex Benefits
- 0% interest instalment purchase program at 1,700+ merchants
Mastercard TARA World Credit Card
Premium lifestyle benefits with unmatched rewards.
Annual Fee: 5,000 Taka + VAT (100% waiver with 3,500 reward points, 50% with 1,750 reward points)
Welcome Offers
- 2,000 Taka cashback on spending 20,000 Taka within the first 2 months
- Exclusive welcome vouchers from Mastercard
Bonus Reward Points
- 1,000 points on purchases of 5,000 Taka or more at Aarong/BATA/Diamond World (once a year)
- 1,000 points on passport endorsement of USD 8,000
- 1,000 points on parlor spending of 50,000 Taka /year with primary card
- 1,000 points on spending 20,000 Taka /year with the supplementary card
- 1,000 points on international expenditure of USD 500 with the primary card
Year-Round Privileges
- 6x reward points on grocery shopping every Saturday
- Double reward points every Tuesday on retail transactions
- Complimentary health package in 1st year; renewable with 2,500 points
- Complimentary Balaka Lounge access (cardholder + 3 companions)
- 4 complimentary visits yearly to 1,500+ international lounges with LoungeKey
- 1,000 bonus points for opening TARA Flexi DPS
- Up to 2 free supplementary cards
- Super P@yflex: 0% EMI for 6 months on 15,000 Taka or more spending (2% fee applies)
- Discounts at 600+ partner merchants
- Buy-1-Get-1 Free dining at leading hotels & restaurants
Insurance Benefits (Credit Shield)
- In Patient: Up to 5,000 Taka per night, per incident maximum 30 nights covered
- Natural Death / Permanent Total Disability: 200% of Outstanding Balance (Max 20,00,000 Taka)
- Accidental Death: 400% of Outstanding Balance (Max 40,00,000 Taka)
- Critical Illness: 50% of Outstanding Balance (Max 500,000 Taka)
Loans
Exclusive lending solutions for women with faster approvals, higher amounts, and bundled credit cards.
- Personal Loan
- Secured Loan
- Auto Loan
- Home Loan
Exclusive TARA Privileges
- 5,000 Taka lower salary requirement for personal loans
- 0.5% lower interest rate on personal loans
- 95% secured loan against FD (5% higher than regular)
TARA Term Deposits and Insurance
TARA Flexi DPS
Flexible monthly savings with attractive returns and free insurance.
Benefits
- Flexible tenure of 1 to 10 years
- Monthly savings amount starting from 500 Taka or any multiple of 500 Taka
- Overdraft facility up to 95% of the DPS balance with tenure over 1 year
- Credit Card facility up to 95% of savings amount for DPS maturity value 60,000 Taka or more, and tenure over 1 year
- TARA Platinum Credit Card facility (limit 30,000 to 1,000,000 Taka) for DPS over 1 year, with a monthly installment of 3,000 Taka or more
- In the event of early encashment, the interest rate for the nearest completed term applies
- Auto-transfer of monthly instalments from the account to the DPS
Free Insurance Package with TARA Flexi DPS:
Monthly instalments of 5,000 Taka or more, with a tenor of 3 years or above,
qualify for 1 year of complimentary healthcare coverage.
Insurance Benefits
- 60,000 Taka coverage for hospitalization (6,000 Taka for 10 times a year)
- 6,000 Taka for 3 nights
- 3,600 Taka for 2 nights
- 1,800 Taka for 1 night
- Special maternity benefit: 20,000 Taka for C-section and 10,000 Taka for standard delivery (45-day waiting period)
- Yearly 1,600 Taka coverage for doctor visits (up to 2 claims per year)
- Yearly 1,400 Taka for tests
- 24/7 telemedicine service with access to specialists, plus call reminders for benefit details
Terms and Conditions
- All benefits apply to the primary member
- 30-day waiting period for hospital cash coverage and OPD; 45-day waiting period for maternity benefit
- All required documents must be submitted within 30 days
*Conditions apply
