MDB Saalam Super High Performance Corporate

MDB Saalam Super High Performance–Corporate Account is a Shariah based Current Deposit account offering the flexibility of a current deposit account with the added advantage of earning profit designed for businesses and professionals managing high-volume transactions.

Title Details
Eligibility
  • All Private and Public Limited Companies registered under RJSC
  • All Government/Semi-Government Organizations
Availability
  • As these product will only cater large value transaction needs of High Value customers, this product will be only available to Corporate Liability Management.
Minimum initial deposit amount
  • Tk. 5,00,00,000/- (Five Crore)
Minimum Balance
  • Each account holder should maintain a minimum balance of BDT 1,00,00,000.00 (One Crore) for availing Profit for that day
Profit Accrual & Payment
  • Profit will be calculated based on daily basis and disbursed on monthly basis
Key Benefits
  • Free Internet Banking
  • Free SMS/Alert Banking
  • BEFTN Facility
  • RTGS Facility
Cheque Book
  • Branch will issue cheque book against the account as per customers’ request
  • Standard cheque issuing/BEFTN fee will apply
Required document
  • Bank’s prescribed Account Opening Form
  • Registration certificate from the competent authority
  • Approved constitutions by competent authority
  • List of the executive committee/governing body along with their photographs
  • Membership certificate, if any
  • Board Resolution for opening and operation of bank account
  • Two PP size photograph and NID of person operating the account
  • Others, if any, to be obtained as per nature of the organization or institution
Internet Banking Facility
  • Internet Banking Facility and Midland Cash Management (MCM) will be available for all the accounts under this product
Mode of Shariah
  • Mudaraba
Account Maintenance Fee
Account Closure Fee
Tax, Excise Duty & VAT
  • Will be deducted as per NBR rules