LankaBangla Finance has introduced two unique deposit schemes named 'Swasti' and 'Protiva' with life insurance coverage in Bangladesh.
The main goal of these two landmark deposit schemes is to build regular savings habits with an assurance of getting full maturity value for any unanticipated incident. LankaBangla Finance will pay the premium on behalf of the customers, said a media statement issued on Monday.
Swasti is a saving scheme where the customers will get dual benefits. Any Bangladeshi or overseas Bangladeshi aged between 18 and 65 can receive various benefits from this scheme.
On the other hand, Protiva has exclusively been designed for the children aged below 18 in case of any unanticipated incident of the guardian.
Khurshed Alam, senior executive vice president and head of retail business, LankaBangla Finance Limited said, "Thinking about the future of customers, we come up with two innovative and new deposit schemes, Swasti and Protiva, with life insurance coverage. We are hopeful that the Swasti will ensure a carefree life for the customer and the Protiva will ensure the safety of future generations."