The National Board of Revenue (NBR) has launched a smartphone-based application, "Sonchoy", incorporating all information about national savings instruments.
Through the app, people will get necessary information including national savings schemes, interest rates, investment limit, maturity periods and investors' eligibility for deposits.
The revenue board Chairman Abu Hena Rahmatul Muneem inaugurated the app at NBR office yesterday.
He also opened a "Mujib Corner" at all NBR offices in the country on the occasion of the birth centenary celebration of Bangabandhu Sheikh Mujibur Rahman yesterday.
However, the application also answers as many as 150 frequently asked questions NBR received in the last couple of years.
From now on, people from their home will be able to get answers to their queries about investment in savings tools, said NBR.
The "Sonchoy" app has ten menus and different sub-menus. In the introduction, it describes the history, vision, mission and activities of the Department of National Savings.
The second menu provides details about 11 schemes of national savings with interest rates, investment limits, maturity periods and eligibility of investors.
Henceforth, investors need not consult experts for investment. They will be able to know the information from their homes, said Muneem.
He commented that all phases of revenue collection will also be automated.