Prime Bank launched Islamic payroll banking service
Prime Bank PLC has launched a new service called Islamic Payroll Banking. The bank launched this service called Hasanah Payroll Banking to meet the demand for Shariah-based financial services. This service is capable of managing the payroll of the business organization in a manner that is consistent with Islamic principles and will provide an ethical and Shariah-based banking experience to the employees of the organization.
By using this new Islamic payroll banking service, organizations can send salaries directly to employees' Islamic accounts. Also, through this service, customers can open accounts with zero balance, no minimum balance required, daily profit opportunity in savings account, no account management fees, internet banking facility (MyPrime), real time salary disbursement etc.
This initiative reflects Prime Bank's commitment to strengthen inclusive financial inclusion and respect the religious and moral values of diverse customers.
Nazim A. Chowdhury, Deputy Managing Director of Prime Bank PLC said, 'Prime Bank is committed to the expansion of Islamic banking services in Bangladesh and the launch of Prime Hasanah payroll banking services is part of that commitment. We will cater to the growing Islamic banking needs of SME and corporate customers through 146 branches across the country.'
