'Agami' offers students with educational insurance coverage of up to Tk1 crore.
BRAC Bank launched 'Agami', a package of solutions to help students with their plans to study abroad.
According to a press release, 'Agami' comes with four beneficial features for the students: a student file, a study-abroad credit card, a savings account, and an education insurance coverage.
"Agami is BRAC Bank's complete student file solution. It will provide all necessary facilities to the students traveling abroad for study purposes," said Mahiul Islam, Head of Retail Banking of BRAC Bank.
While the student file service will enable a more convenient transfer of the education expenses for the families, the study-abroad credit card, endorsed with foreign currency, will be helpful for the students in meeting their day-to-day living expenses as well as emergencies, the press release said.
The credit card comes with a 100% waiver on the first year annual fee and a referral campaign for students with an opportunity to get cashback and bonus reward points on foreign currency endorsements to their cards, the press release added.
'Agami' also offers students with educational insurance coverage of up to Tk1 crore. It is an opt-in facility and in the event of a parent's death, the insurance company will pay for the remaining tuition fees of the student.
BRAC Bank will also offer a 'Happy Savers Account' for these students that can be opened with Tk1,000 and provides students with an opportunity of interest-earning from any balance, the press release further said.
For details, customers can call BRAC Bank's Call Center at 16221 or email to [email protected] or call the dedicated hotline number for student file service at 01713110172.