About Bank of bhutan ltd.
Bank of Bhutan Ltd. is a leading financial institution in the Kingdom of Bhutan that offers a wide range of personal banking and online banking services to its customers. Established in 1968, Bank of Bhutan has been serving the people of Bhutan for over five decades with its innovative and customer-centric approach.
The bank's mission is to provide reliable, efficient, and affordable financial services to all segments of society while contributing to the economic development of the country. With a strong focus on customer satisfaction, Bank of Bhutan has become one of the most trusted banks in the region.
Personal Banking Services
Bank of Bhutan offers a comprehensive range of personal banking services that cater to the diverse needs and requirements of its customers. The bank's products and services include savings accounts, current accounts, fixed deposits, recurring deposits, loans (personal loans, home loans), credit cards (Visa/Mastercard), debit cards (Visa/Mastercard), insurance products (life insurance), remittance services (domestic/international), safe deposit lockers.
Savings Accounts: Bank Of Bhutan offers various types savings account such as B-wallet account which can be opened through mobile app or website with minimum balance requirement starting from Nu 1000/- only. It also provides other saving accounts like B-Fixed Deposit Account which gives higher interest rate than normal saving account but requires minimum deposit amount for certain period.
Current Accounts: Current Account is designed for business entities who require frequent transactions with no limit on number or amount per transaction. It also provides overdraft facility against collateral security like Fixed Deposit or Property etc.
Fixed Deposits: Fixed Deposits are investment options where you can invest your money for certain period at fixed interest rate which will be paid at maturity along with principal amount invested. The tenure ranges from 1 month to 10 years depending upon your choice.
Recurring Deposits: Recurring Deposit is an investment option where you can invest small amount of money on monthly basis for certain period at fixed interest rate which will be paid at maturity along with principal amount invested. The tenure ranges from 1 year to 10 years depending upon your choice.
Loans: Bank of Bhutan offers various types of loans such as Personal Loans, Home Loans, Education Loans, Vehicle Loans etc. The loan amount and interest rate depends upon the type of loan and eligibility criteria.
Credit Cards: Bank Of Bhutan provides Visa/Mastercard credit cards with various benefits like cashback, reward points etc. It also provides EMI facility on credit card transactions.
Debit Cards: Bank Of Bhutan provides Visa/Mastercard debit cards which can be used for ATM withdrawals, online transactions etc.
Insurance Products: Bank Of Bhutan offers life insurance products to its customers in collaboration with Life Insurance Corporation (LIC) of India.
Remittance Services: Bank Of Bhutan provides domestic/international remittance services through its branches and online banking platform.
Safe Deposit Lockers: Safe Deposit Lockers are available at selected branches where you can keep your valuables safe and secure.
Online Banking Services
Bank Of Bhutan's Online Banking platform is designed to provide convenient banking services to its customers anytime anywhere. With a user-friendly interface and advanced security features, the online banking platform allows customers to access their accounts, transfer funds, pay bills (utility bills), view account statements/transaction history etc. Some of the key features of Online Banking are:
Mobile App - B-wallet app is available for both Android & iOS users which allows you to do all banking transactions through mobile phone.
Internet Banking - You can access your account through internet by logging into bank's website.
SMS Alerts - You will receive SMS alerts on every transaction made from your account.
Bill Payment - You can pay utility bills like electricity bill or water bill directly from your bank account.
Fund Transfer - You can transfer funds to other bank accounts within Bhutan or outside Bhutan.
e-Statement - You can view/download your account statement online.
Conclusion
Bank of Bhutan Ltd. is a reliable and customer-centric financial institution that offers a wide range of personal banking and online banking services to its customers. With its innovative products, advanced technology, and strong focus on customer satisfaction, Bank of Bhutan has become one of the most trusted banks in the region. Whether you are looking for savings accounts, loans, credit cards or online banking services, Bank Of Bhutan has got you covered. So why wait? Open an account today and experience hassle-free banking services at your fingertips!