MDB Saalam SND Account
MDB Saalam SND account is a profit bearing account for institutions.
| Title |
|
Details |
| Eligibility |
|
- All sorts of Firms, Institution, Organization and Companies including locally incorporated foreign companies are eligible to open this account.
|
| Availability |
|
- All MDB branches/Uposhakha or Sub Branch/ABC.
|
| Minimum initial deposit
amount |
|
|
| 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.
- If fund is withdrawn without submitting 7 days’ notice, the profit will be forfeited for that particular month.
|
| Key Benefits |
|
- Free Debit Card facility (1st year only) for Joint A/C Holders (with proper NOC of Account Holders) and Proprietorship concern
- Free Internet Banking facility
- Free monthly e-statement facility
- Free SMS Banking facility (1st year only)
- Free online transaction
- Daily ATM transaction amount of up to BDT 50,000 and POS transaction amount of up to BDT 50,000. However, it can be increased at the request of the customer; and it is applicable for Individual, Joint (with NOC of others) & proprietorship concern
|
| Joint Applicant
Option |
|
- Applicant can open account either in the single name or in the joint names.
|
| Mode of Shariah |
|
|
| 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)
- Two PP size photographs of applicant(s)/signatories attested by the introducer.
- Copy of valid photo ID like; Passport, NID, Driving License etc.
- One PP size photograph of nominee, if applicable attested by account holder.
- Valid Trade License and other Govt. Permission, if applicable.
|
| Introducer's Eligibility |
|
- Any existing MDB Bank account holder or
- Any MDB officials (including Direct Sales Officer)
- Socially known person acceptable to the Bank
|
