MDB e-SAVER

MDB e-Saver Account, a paperless savings account that is made to facilitate the customers to open this account from any branch, sub branch and agent banking center of MDB. The product is designed in such a way that the customers can open the account using only NID card. MDB e-Saver Account holder will also be able to avail all the hassle-free digital services like SMS alert of any transaction to mobile phone, monthly e-statement and online fund transfer through BEFTN, NPSB, RTGS, bKASH without wasting time. Under the e-KYC guideline of Bangladesh bank, MDB e-Saver Account is going to be the most user-friendly, affordable & smart account in today’s banking industry.

Title Details
Eligibility
  • Any Resident Bangladeshi citizen aged minimum 18 years & above can open the account.
  • Minor can open this account along with legal guardian having NID card only.
Availability
  • All MDB Branches, Sub Branches & Agent Banking Centers
Minimum initial deposit amount
  • BDT 100 ( One Hundred) Only
Interest Calculation
  • Interest will be calculated on daily EOD( End of Day) balance of the account.
Interest Accrual & Payment
  • Interest will be accrued on daily basis and paid monthly basis.
Key Benefits
  • Account opening through thumb impression & face recognition technology,Paper less Instant Account opening, Attractive Interest rate, Interest is credited to account on monthly basis, No debit card Fee for 1st year, Free internet Banking, Free SMS alert facility for the 1st year.
Joint Applicant Option
  • Customer can open the MDB e-Saver Account either in the single name or in joint names but every applicant must have NID as a proof of identity.
Debit Card
  • VISA Debit card is free for the 1st year .
Cheque Book
  • Branch will issue cheque book against the account. First issuance is completely free.
Account Maintenance Fee
  • As per Schedule of Charges of MDB (Same as MDB General Savings Account)
Account Closure Fee
  • As per Schedule of Charges of MDB (Same as MDB General Savings Account)
Tax, Excise Duty & VAT
  • Will be deducted as per NBR rules
Required document
  • National Identity Card of Account holder(s) & Nominee(s)
  • Proof of Address (only If NID verified address mismatches)
  • Bank may ask for additional documents based on customer category & transaction profile to fulfill the compliance from time to time as per Bangladesh Bank guideline.
Introducer's Eligibility
  • No Introducer Required for MDB e-Saver account as per Bangladesh Bank e-KYC guideline.