Banks are open on a limited scale amid lockdown. In this situation, many bankers have died so far from the coronavirus. So, Bangladesh Bank has issued a notice regarding compensation.

If any bank staffer dies of Covid-19, the victim’s family will get Tk25-50 lakh in compensations based on the staffer’s rank, according to the central bank.

Bangladesh Bank’s Banking Regulation and Policy Department announced a circular on Monday (April 19) in this regard.

The notification said, if a first-class officer, or senior officer, or probationary officer, or management trainee officer, or an officer of higher rank dies of Covid-19, the victim’s family will be entitled to a compensation of Tk50 lakh.

The amount will be Tk37.50 lakh for bank staffers ranging from trainee assistant officer, or equivalent, to up to first class rank. For staff and sub-staff, the compensation has been fixed at Tk25 lakh.