MDB Saalam SND Account - Corporate


MDB Saalam SND Account - Corporate is a profit bearing account for institutions.

Title Details
  • All Private and Public Limited Companies registered under RJSC.
  • All Government/Semi-Government Organizations.
  • NGOs
  • Company Provident Fund Account, Company Gratuity Fund Account.
  • Association/Club/Charity account.
  • Sole proprietorship and Partnership
  • Workers Prettifications Fund (WPF)
  • Non Individual Customer Segment etc
  • All MDB branches/Uposhakha or Sub Branches.
Minimum initial deposit amount
  • Tk 5,000/
Profit Calculation
  • Profit will be calculated on daily day end balance, accrued monthly and applied (i.e. paid) to the account on half yearly basis.
Key Benefits
  • This is a Transactional account
  • The account will be in local currency (BDT)
  • Minimum initial deposit of 5,000.00 is required to open the account
  • Free Cheque Book (1st year only)
  • Free Debit Card facility (1st year only) for Sole Proprietorship Account Holder
  • Free Internet Banking facility
  • Free SMS Banking facility (1st year only)
  • Free monthly e-statement facility
  • Daily ATM transaction amount of up to BDT 50,000 and POS transaction amount of up to BDT 50,000 and it is also applicable for Individual, Joint A/C Holder & Proprietorship concern. However, it can be increased at the request of the customer
Mode of Shariah
  • Mudaraba
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
  • MDB Comprehensive Account Opening Documentary Checklist and Bangladesh Bank guidelines
Introducer's Eligibility
  • Any existing MDB Bank account holder or
  • Any MDB officials (including Direct Sales Officer)
  • Socially known person acceptable to the Bank