MDB Saalam Smart University Saver

University students stepping into financial independence looking for a Shariah compliant way to save and manage their finances are welcome to open MDB Saalam 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)
Profit Accrual & Payment
  • Profit 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