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Prime Bank introduces salary in advance in payroll banking

The Prime Bank payroll banking services employees can avail the feature through the PrimeAgrim mobile app

Update : 27 Oct 2024, 08:24 PM

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 Prime Bank payroll banking services employees can avail the feature through the PrimeAgrim mobile app. 

The bank recently signed an agreement with Dutch-Bangla Pack Ltd at its Gulshan corporate office.

As per the agreement, employees of Dutch-Bangla Pack Ltd can withdraw their 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 Ltd, signed the agreement on behalf of their respective organizations. 

Mamur Ahmed, head of Consumer Sales, Md was present there. 

Asif Bin Idrish, SEVP and 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 Ltd, alongside other senior officials from the partnering organizations.

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