MDB Saalam SATHI

MDB SAALAM SATHI is a Shariah-based savings solution from Midland Bank PLC., designed to empower women by fostering financial independence and promoting sustainable growth. Tailored to meet the diverse needs of women across all age groups and professions, this account encourages savings habits and economic empowerment while adhering to Islamic Shariah principles.

Title	Details
Eligibility	Any Bangladeshi Female citizen can open this account 18 years and above
Availability	All MDB Branches, Sub-Branches, Agent Banking Centers and Digital Platform (midland online) However, the account will be booked under Islamic Banking.
Initial Deposit	Initial deposit will be Tk. 500 to open the account
Account Balance	Minimum account balance will be BDT 500/
Profit and its Application	Profit will be calculated on daily day end balance and applied (i.e. paid) to the account on monthly basis
Joint Applicant Option	Customer can open their account either in single name or in the joint name. All applicants will have to be Female
Key Benefits	Free ATM cash withdrawal facilities at all MDB ATMs and other bank ATMs No limit in number and value of transactions Free SMS Banking facility (1st year only) In case of minimum 500 transactions in a year, customer will be rewarded with an attractive gift/gift voucher from MDB
Debit Card Facility	Debit Card is Mandatory
Cheque Book Facility	The Cheque Book can be collected from any branch (as per customer’s desire)
Internet Banking Facility	Internet Banking Facility (midland online) will be available for all the accounts under this product
SMS Banking Facility	The SMS banking facility is offered free for 1st year only. After 1st year, the SMS banking fee will be as per Schedule of Charges (SOC) of MDB
Account Maintenance Fee	As per Schedule of Charges (SOC) of MDB
Account Closure Fee	Account can be closed at any time by obtaining written instruction from the account holder The account closure fee will be as per Schedule of Charges (SOC) of MDB