DIGITAL NARI SUROKKHA DPS

Smart Digital Savings for Women, Secure Future Ahead

DIGITAL NARI SUROKKHA DPS is a digitally enabled savings scheme designed to encourage disciplined savings among women through affordable monthly installments with convenient online account opening facilities. The product supports important life goals such as education, marriage planning, healthcare, children’s future planning, and small business development.

This initiative reflects Midland Bank PLC.’s commitment to promoting women’s financial independence and financial inclusion through accessible digital banking services and secure savings solutions.

Through DIGITAL NARI SUROKKHA DPS, women can conveniently open and manage their DPS account from anywhere and gradually build a financially secure future.

Title Details
Key Features
  • Digitally enabled monthly installment-based savings scheme
  • Affordable installment starting from BDT 250
  • Flexible tenure options: 3, 5, 8, or 10 years
  • Online account opening facility through midland online / MDB Website
  • Auto installment transfer from linked account
  • Multiple DPS accounts allowed
  • Joint account facility
  • Digital monitoring of account information
  • Loan facility up to 90% of DPS balance
  • Encourages long-term savings discipline
Customer Segments
  • Working women
  • Female students
  • Housewives
  • Women entrepreneurs
  • Mothers planning savings for children
  • Bangladeshi females aged 18 years and above
Account Type
  • Non-transactional DPS (Deposit Pension Scheme) account
  • Monthly installment-based savings account
Eligibility
  • Any Bangladeshi female citizen
  • Valid Photo ID (NID / Birth Certificate / Passport) required
  • Minimum Age: 18 years
Account Availability
  • Available through midland online / MDB Website for convenient digital account opening from anywhere, anytime.
Tenure
  • 3/5/8/10 Years
Monthly Installment
  • Minimum Installment: BDT 250/-
Mode of Deposit
  • Installment transferred automatically from linked Saalam CASA account
  • Opening of CASA under MDB SATHI is preferable for new customers
Interest rate
  • Higher than standard DPS products
  • Determined as per ALCO decision
Penal interest rate
  • 1% of installment amount charged for each default month as per Bank policy.
Force Closure
  • Account may be treated as irregular if three (3) consecutive installments are missed.
  • Closure may occur as per Bank policy
Premature Encashment
  • Premature encashment allowed
  • Applicable policies of the Bank will be followed
Nominee Facility
  • Nominee is mandatory
  • Nominee can be changed at any time through written instruction
Fees & Charges
  • Government Excise Duty applicable as per slab
  • Taxes and duties applicable as per Government rules
Terms & Conditions
  • The Bank reserves the right to change product features and conditions when necessary
FAQ