We investigate the flavour bounds on the Z 2 ×Z 5 symmetry, a minimal form of the Z 2 ×Z N flavour symmetry, that can provide a simple set-up for the Froggatt-Nielsen mechanism. This minimal form is capable of explaining the fermionic masses and mixing pattern of the standard model including that of the neutrinos. The bounds on the parameter space of the flavon field of the Z 2 × Z 5 symmetry are derived using the current quark and lepton flavour physics data and future projected sensitivities of quark and lepton flavour effects. The strongest bounds on the flavon of the Z 2 × Z 5 symmetry come from the K 0 − K0 and D 0 − D0 mixing. In future phase-II of the LHCb, the ratio of the BR(B d → µ + µ − ) and BR(B s → µ + µ − ) branching fractions, R µµ , will be crucial in ruling out the major part of the flavon parameter space.