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Prime Bank introduces “Salary in Advance” in Payroll Banking

Prime Bank introduces “Salary in Advance” in Payroll Banking

Staff Correspondent

Prime Bank PLC., a leading financial institution dedicated to driving innovation and delivering customer-centric financial solutions, has introduced a new feature to withdraw “salary in advance” for payroll banking customers. The employees of the prime bank payroll banking services can avail the feature through PrimeAgrim mobile App. The bank has recently signed an agreement with Dutch-Bangla Pack Limited at Bank’s Gulshan corporate office in this regard.

As per the agreement, employees of Dutch-Bangla Pack Limited can withdraw salary in advance by using Prime Bank’s AI driven Platform “Prime Agrim”. This AI driven platform is designed to facilitate partner employees’ emergency financial needs seamlessly and efficiently.

PrimeAgrim evaluates customers' credit eligibility in real-time and processes loan disbursements digitally, eliminating the need for manual document submission, thereby saving valuable time and effort. The platform leverages cutting-edge artificial intelligence (AI), machine learning, and alternative credit assessment tools designed to provide a hassle-free digital experience.

Faisal Rahman, Additional Managing Director of Prime Bank PLC. and Abdul Mumit, Managing Director of Dutch-Bangla Pack Limited signed the agreement on behalf of their respective organizations. Also in attendance were Mamur Ahmed, Head of Consumer Sales, Md. Asif Bin Idrish SEVP & Head of Commercial Banking Division of Prime Bank and Abdullah Al Mamun, Head of Finance, Maria Tripty, Senior Officer, Sustainability and Planning of Dutch-Bangla Pack Limited, alongside other senior officials from the partnering organizations.

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