This is a Shariah based and daily profit bearing and half yearly profit paying savings account for any Bangladeshi citizen.

Title Details
  • Any Bangladeshi citizen above 18 years can open this account
  • In case of minor account. Legal guardian will operate the account on behalf of the minor until the minor reaches the age of 18.
  • Non Resident Bangladeshi Citizen and Dual Citizen as well.
  • Resident Foreign National.
  • All MDB branches/Uposhakha or Sub Branch/ABC.
Minimum initial deposit amount
  • Tk 1,000/
Profit Calculation
  • Profit will be calculated on daily day end balance of the account. If a customer does more than 5 transactions (including transaction over the counter, through internet banking, ATM or POS) in a week, the profit will be forfeited for that month.
Profit Accrual & Payment
  • Profit will be accrued on monthly basis and paid to on half yearly basis.
Key Benefits
  • Profit calculated on daily balance
  • Profit is credited to account on half yearly basis
  • No debit card Fee for 1st year
  • Free internet Banking.
  • Free SMS banking for 1st year
  • Free online banking
Joint Applicant Option
  • Applicant can open account either in the single name or in the joint names.
Mode of Shariah
  • Mudaraba
Debit Card
  • Debit card is mandatory and 1st year free
Cheque Book
  • Branch will issue cheque book against the account.
Account Maintenance Fee
  • As per schedule of charges of MDB
Account Closure Fee
  • As per schedule of charges of MDB
Tax, Excise Duty & VAT
  • Will be deducted as per NBR rules
Required document
  • Bank's prescribed AOF (signed by the applicant)
  • Three PP size photographs of applicant(s) attested by the introducer
  • Copy of valid photo ID like; Passport, NID, Driving License etc.
  • One PP size photograph of nominee attested by account holder
Introducer's Eligibility
  • Any existing MDB Bank account holder or
  • Any MDB officials (including Direct Sales Officer)