Padma Bank Limited signed an agreement with Islampur JJKM Girls High School and College, in Islampur of Jamalpur, for the collection of school fees from its students.
The ceremony took place at the bank's Islampur Branch with the Upazila Nirbahi Officer of Islampur on December 18.
Amirul Islam, the Head of Corporate Liability of Padma Bank, signed the agreement on behalf of the bank.
The chairman of the school's governing body Mohammad Mizanur Rahman attended the occasion as the chief guest. Md Abdus Salam Chowdhury, principal of the school, and Md Shafakat Ali Osmany, the manager of Islampur Branch of Padma Bank, were also present in the event.
A total of 2,500 students will benefit from the bank's nationwide exclusive school fee collection initiative, which will help the students deposit their monthly fees and other charges to any branch of the bank by using its fully automated system.
The bank will also develop an exclusive app to assist the fee collection.