Mega Bank has launched a new savings product -- Mega Shareholder Savings Account -- for its shareholders.

“The bank launched this product to facilitate the banking requirements of its 145,000 public shareholders,” Anil Keshary Shah, CEO of the bank, said in the statement. “We will deposit cash dividend declared by the bank directly into the accounts of the public shareholders.”

Only the public shareholders of Mega Bank can enjoy the facility, according to the statement.