AB Bank Student Account has two types of student accounts. One is AB Minor, and the other is AB Major. These two accounts are divided according to the age types of students.
AB Bank is giving free visa and debit cards to students with free account opening. Students are interested in AB Bank for the benefits that AB Bank Student Account offers to students.
To open a student account at AB Bank, one has to appear at any branch of AB Bank. The student will need several documents.
Let’s know all the correct information about the AB Bank student account from this post today.
AB Bank Account For Students
Any student can open an account in AB Bank and manage their banking services. AB Bank Student Accounts are generally of two types.
One is Major and the other is Minor. AB Bank has a Student Minor Account for students who are below 18 years of age.
On the other hand, there is AB Bank’s Student Major Account for those who are 18 years or above.
Those who are under 18 years of age must provide their guardian’s information in this case. However, nominee details must be provided for both categories of bank accounts.
The biggest advantage of an AB Bank Student Account is that there are no extra fees for account management or maintenance.
Not only that, the AB Bank Student Account has many benefits for which most of the students are currently leaning towards AB Bank.
From below we will know the important correct information regarding AB Bank facilities, how to open AB Bank, and what documents will be required.
AB Bank Student Account Facility: AB Bank Savings Account
First, let’s discuss the benefits of an AB Bank Student Account. Below are the facilities that AB Bank provides to students:
- There are no extra fees to manage or maintain the account.
- Check books and debit cards are issued after account opening.
- There is a free SMS service. That is, you can manage free SMS banking for the AB Bank Student Account instructions. No extra charge is required for this.
- Fund transfer from bank to cash account is free.
- Money can be recharged from a bank account to a mobile operator at any time.
- These are the benefits of an AB Bank Student Account. If you are a student then you can avail all these benefits by opening a student account in AB Bank.
Documents Required for Opening AB Bank Student Account
Some documents will be required to open a student account at AB Bank. But all these documents are different depending on the category. We already know that AB Bank has two types of student accounts.
One is major and the other is minor. Separate documents will be required for major and minor accounts. They are mentioned below-
In the case of AB Minor
All the documents required for the AB minor account are-
- Two copies of passport-size color photographs taken recently.
- Certificate issued by the head teacher or principal in the educational institution.
- Birth registration certificate.
- Photocopy of student ID card of the educational institution.
- One copy of the passport-size color photograph for the nominee along with a photocopy of the National Identity Card.
- In the case of an AB minor, as the student is under 18 years of age, a photocopy of the National Identity Card of the guardian is required.
- An active mobile number.
In the case of AB Major Account
The documents required for the AB Student Major Account are-
- Two copies of the passport-size color photographs taken recently
- Photocopy of National Identity Card
- Photocopy of student ID card of college or university
- One copy of passport-size color photograph and photocopy of his National Identity Card in case of the nominee
- An active mobile number
AB Student Account Opening Fee
Now let’s know how much fee is applicable to open an AB Bank student account. The amount fee for opening an AB Bank student account will vary depending on the account category.
In that case, if you are a major category in the AB student account, you have to deposit 500 to 1000 TK. You can use this money once the account is activated.
On the other hand, in the case of AB minor, 100 to 500 TK will be required. Many times AB minor student account can be opened even with 100 TK.
In that case, this money will be held as a fee in the bank account. You can use it later.
AB Bank Student Account Opening Rules
Now we will move to the main discussion which is how we open a student account in AB Bank. You cannot open an AB Bank student account online. To open this account, you have to visit the nearest branch of AB Bank.
- Collect the above documents and go to the nearest branch of AB Bank.
- From there, get to know what you need to do to open a new bank account from the help corner.
- In this case, they will give you instructions and give you a form. You have to fill this form with the correct information.
- Once the form is filled you have to submit it along with the documents.
- Then you have to pay field specific fee for this. Fees are mentioned above.
- But it is best to know how much money you have to deposit when you go to the branch. Then they will say it.
- After that, it will take some time for bank account activation. In this case, they will inform you on mobile or send a letter to your address.
- For this, write very well while giving the address.
- Then according to the instructions given by them, you have to go and accept your bank details on the specified date.
- In this case, they will give you a dual currency linked Visa debit card.
- Dual currency debit cards have many advantages in this regard. You can use it in other countries besides your home country.
- Also, you can solve dollar-based purchases with this dual currency debit card.
AB Bank Student Account Validity
This is a very important point.
In the case of AB Bank, if you want to open an AB Bank Student Account, then you need to know that AB Bank Student Account is valid up to 25 years of age. After 25 years of age, you can no longer use this account.
So you have to settle all the transactions you have through this bank account within 25 years. But after 25 years you can transfer your funds to any other account before your bank account expires.
AB Bank Student Account Transaction Limits
The question of many students is what the transaction limit of an AB Bank student account is up to.
It is not possible to tell exactly how much the transaction limit of the AB Bank student account is. In this case, you need to know from the branch where you opened the AB Bank student account.
They will set the transaction limit of your account according to your profession. So instead of searching anywhere else you can go directly to your branch and know the transaction limit of your account.
AB Bank Account Helpline Number
Sometimes we may need help with the AB Bank Account. Where do we go in that case? We don’t always have time to go to brunch. In that case, we can know about any problem with AB Bank sitting at home.
That’s why you can get any service from AB Bank customer service by dialing the 16207 number from any mobile operator.
In this case, your balance will be applicable.
So if you want to know the details about the bank account before opening the AB Bank account, you can dial this number and get complete information from them.
Not only that, if you face any problem after opening a bank account, then you can also dial the above number to get the solution to any problem related to your account.
To learn more about AB Bank, please visit AB Bank
You can also read- Islami Bank Student Account
FAQs for AB Bank Student Account
Read the following question and learn the answers if you want to know.
What are the types of student accounts available at AB Bank?
AB Bank offers two types of student accounts: AB Minor for students below 18 years of age and AB Major for students aged 18 and above.
What are the benefits of AB Bank Student Accounts?
AB Bank Student Accounts offer several benefits, including:
- No extra fees for account management or maintenance.
- Issuance of checkbooks and debit cards.
- Free SMS banking service.
- Free fund transfers from a bank to a cash account.
- Mobile operator recharges from a bank account.
What documents are required to open an AB Bank Student Account for minors?
For AB Minor accounts, the required documents include:
- Two recent passport-size color photographs.
- Certificate issued by the head teacher or principal of the educational institution.
- Birth registration certificate.
- Photocopy of the student ID card of the educational institution.
- One passport-size color photograph and a photocopy of the National Identity Card for the nominee.
- Photocopy of the National Identity Card of the guardian (as the student is below 18 years of age).
- An active mobile number.
What documents are needed for opening an AB Bank Student Major Account?
For AB Student Major Accounts, the required documents include:
- Two recent passport-size color photographs.
- Photocopy of the National Identity Card.
- Photocopy of the student ID card of a college or university.
- One passport-size color photograph and a photocopy of the National Identity Card for the nominee.
- An active mobile number.
How much is the account opening fee for AB Bank Student Accounts?
The account opening fee for AB Student Major Accounts ranges from Tk 500 to Tk 1,000, while for AB Minor Accounts, it ranges from Tk 100 to Tk 500.
How long is an AB Bank Student Account valid?
AB Bank Student Accounts are valid up to 25 years of age. After turning 25, the account can no longer be used. You must settle all transactions by then or transfer your funds to another account.
What are the transaction limits for AB Bank Student Accounts?
The transaction limits for AB Bank Student Accounts can vary based on your profession. It is best to inquire about the specific limits at the branch where you opened your account.
How can I contact AB Bank’s customer service?
You can contact AB Bank’s customer service by dialing 16207 from any mobile operator. Please note that standard call charges may apply.
Conclusion
AB Bank offers two types of student accounts: AB Minor for students below 18 years and AB Major for students aged 18 and above.
These accounts come with various benefits, including no extra fees for account management, checkbooks, and debit cards issuance, free SMS banking, and more.
To open an AB Bank Student Account, you will need to visit a branch, depending on your age and type of account.
It is essential to provide the required documents and account opening fees. Once the account is activated, you can enjoy the benefits it offers.
