MDB Smart University Saver

Your step towards smart financial independence! To empower your financial journey with freedom, benefits, and digital convenience, we are here with MDB Smart University Saver.



Title Details
Eligibility
  • Any Bangladeshi student aged 18 years or above but below 25 years enrolled in a University/Vocational Training Institute/equivalent institution.
  • NID and valid Student ID are mandatory for digital version.
Availability
    Any MDB Branch, Sub-Branch, Agent Banking Centers (ABCs) and Digital Platform (midland online).
Initial deposit
      BDT 100/- (one hundred only)
Minimum Balance
      BDT 100/- (one hundred only)
Interest Accrual & Payment
  • Interest will be calculated on day-end balance and applied to the account monthly.
Key Benefits
  • Free Debit Card
  • 1st Cheque Book is free
  • Free SMS banking, internet banking and monthly e-statement facility
  • Opportunity of free access to Various Virtual Workshops
  • Opportunity of Cashback & Discounts at selected educational platforms and bookstores famous among students
  • Financial literacy awareness, job/internship alerts, and more
  • No account maintenance fee
Debit Card
  • Debit Card is free
Cheque Book
  • 1st Cheque book is free
Joint Applicant
Option
  • Joint application is prohibited.
Required document
  • Bank’s prescribed Account Opening Form (Retail-AOF & KYC);
  • NID/Birth Certificate/Valid Passport/Driving License and other valid documents of applicant and nominee accepted by banks
  • 2 copies of passport size photo of applicant & 1 copy passport size photo nominee
  • Copy of valid student ID
Account Maintenance Fee
      No account maintenance fee.
Account Closure Fee
Tax, Excise Duty & VAT
      Will be deducted as per NBR rules
FAQ