TARA –BRAC Bank

TARA Homemakers Savings Account

TARA Homemakers Savings Account is particularly designed for homemakers (not in formal employment) and have limited monthly savings. Homemakers can open this account independently without providing any income-supporting documents. There is no need to rely on others to prove financial eligibility.

TARA Homemaker	DESCRIPTION
Guest segment	Woman Banking Customers Nationality: Bangladeshi Only for Homemakers
Mode of Operation	Singly
Age	18 years and above
Account Restrictions	Not for Foreign Nationals (i.e. Country of Origin is not Bangladesh) Monthly income cannot exceed BDT 2,00,000. Initial deposit into the account cannot exceed BDT 5,00,000. Total deposit into the account cannot exceed BDT 12,00,000 in any consecutive 6 months.
Currency	Bangladeshi Taka
Interest feature	Earn Interest on any amount greater than zero (up to BDT 5,00,000 balance). Higher interest rate.
Relationship Fee	Nil
Half Yearly Account Maintenance Fee	Half-Yearly Account Maintenance Fee is applicable as per Schedule of Charges.
Debit Card	TARA VISA Multicurrency Debit Card is available, and charge is applicable as per Schedule of Charges (TakaPay for Agent Banking) Debit Card annual fee free for first year of issuance. It will remain free from second year with an average balance of BDT 10,000 or above. Reward Points earning opportunity is available (Double reward point on every Tuesday)
Cheque book	Available upon Request
Fast Track Services	Internet Banking Call Center SMS Banking e-Statement ATM facility
Cask back for grocery purchase	Every month TARA customers will be given a maximum cash back amount of maximum BDT 500 (2% of total transaction) into their account per month for grocery shopping with TARA Debit Card.
Action for Crossing Deposit Limit	When the total deposit exceeds BDT 12,00,000 in 6 months, the account will be converted into a TARA Triple Benefit Savings Account, and the customer must provide supporting documents to the branch.