Dhaka: Thousands of Bangladeshi protesters stormed the palace of Prime Minister Sheikh Hasina in Dhaka Monday after a source told AFP she had fled mass demonstrations demanding she quit.

Bangladesh's Channel 24 broadcast images of crowds running into the premier's official residence in the capital, waving to the camera as they celebrated.

Jubilant looking crowds waved flags, peacefully celebrating including some dancing on top of a tank, as a source close to the embattled leader said she had left her palace in the capital for a "safer place".

Hasina's son urged the country's security forces to block any takeover from her rule, while a senior advisor told AFP that her resignation was a "possibility" after being questioned as to whether she would quit.

"She wanted to record a speech, but she could not get an opportunity to do that," the source close to Hasina told AFP.

Bangladesh's army chief Waker-Uz-Zaman will address the nation on Monday afternoon, a military spokesman told AFP without giving further details.

Waker told officers on Saturday that the military "always stood by the people", according to an official statement.