• 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 Branch.

• Tk 1,000/

• No profit is applied in this account.

• This is a transactional current account
• The accounts will be in local currency (BDT)
• Minimum initial deposit of BDT 1,000.00 is required to open the account
• No limit in number and value of transactions
• Free Debit Card facility (1st year only)
• Free Cheque book (1st year only)
• Free Internet Banking facility
• Free SMS Banking facility (1st year only)
• 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) & proprietor concern

• Al-Wadeeah Principal

• Branch will issue cheque book against the account.

• As per schedule of charges of MDB

• As per schedule of charges of MDB

• Will be deducted as per NBR rules

• MDB Comprehensive Account Opening Documentary Checklist and Bangladesh Bank guidelines.

• Any existing MDB Bank account holder or
• Any MDB officials (including Direct Sales Officer)
• Socially known person acceptable to the Bank

• This is a transactional current account
• The accounts will be in local currency (BDT)
• Minimum initial deposit of BDT 1000 is required to open the account
• No limit in number and value of transactions

• Any SME Entrepreneur, Firm, Institution, Organization, locally incorporated foreign companies, can open this account in the name of business.

• No profit is applied to this account.

• Al-Wadeeah Principle

• This is a Shariah compliant profit bearing transactional current account
• The accounts will be in local currency (BDT);
• Minimum initial deposit of BDT 1000 is required to open the account;
• No limit in number and value of transactions
• Free Internet Banking facility;
• Free SMS Banking facility (1st year only);

• Any SME Entrepreneur, Firm, Institution, Organization, locally incorporated foreign companies, can open this account in the name of business.

• Profit to be calculated on day end balance and will be credited to depositor’s account on half yearly basis.

• Mudaraba

• Only employees of concerned organization (organization having agreement for salary disbursement) having monthly earning over BDT 10,000/- can open the account.

• All MDB branches/Uposhaka or Sub Branch/ABC.

• No minimum balance required/

• Profit will be calculated on daily day end balance and will be credited to monthly.

• Profit calculated on daily balance
• Profit is credited to account at the end of each month.
• Debit card fee is waived but re-issuance fee will be as per Schedule of Charges (SOC) of MDB.
• Free internet Banking.
• Free SMS banking
• Free online banking.
• 1st cheque book is free

• Mudaraba

• Debit Card is available at the request of the customer and fee is waived but re-issuance fee will be as per Schedule of Charges (SOC) of MDB.

• Branch will issue cheque book against the account.

• As per schedule of charges of MDB

• As per schedule of charges of MDB

• Will be deducted as per NBR rules

• 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.
• Letter/certificate from concerned organization.

• Any existing MDB Bank account holder or
• Any MDB officials (including Direct Sales Officer)

• This is a transactional current account.
• The accounts will be in local currency (BDT).
• Minimum initial deposit is required to open the account.
• No limit in number and value of transactions.
• Free Debit Card facility (1st year only).
• Free Internet Banking facility.
• Free SMS Banking facility (1st year only).

• Any business owner and individual entrepreneur above 18 years can open this account.

• Nil

• No profit is applied to this account.

• Al-Wadeeah Principal.

• Bank's prescribed MDB Personal Retail Account Opening Form (Retail-AOF & KYC).
• NID of Applicant & Nominee.
• 2 copies passport size photo of applicant and 1 copy passport size photo of nominee.
• Utility bill copy (if own house).
• Office ID or Visiting Card, if available.
• Attestation from Local Representative (Union Chairman/Ward Commissioner/City Corporation) or Trade Associations required only in case of high risk customers.

• Multiple nominees are allowed as decided by the account holder(s) for each account.
• Nomination will be cancelled if nominee(s) dies in the life time of account holder(s). The account holder(s) in such cases will advise in writing to appoint new nominee(s).
• In case of minor nominee(s), a legal guardian is also required with Photo graph and photo ID.
• Account holder(s), with written instruction, may change the nominee(s) any time.
• In the event of account holder’s death, the nominee will not be allowed to continue the account and the amount deposited prior to the death of account holder(s) shall be paid to the nominee(s).

• Debit Card is available at the request of the customer. (For Individual, Joint & Proprietorship Concern only).
• The Debit Card needs to be collected from the respective branch (i.e. account opening branch) or it can also be sent to the customer’s desired branch for collection.
• Transaction limits must be supported by the Transaction Profile (TP) declared by the customers.
• The Debit Card annual fee is waived for the 1st year. The Debit Card annual fee (after 1st year) and re-issuance fee will be as per Schedule of Charges (SOC) of MDB.

• The Cheque Book needs to be collected from the respective branch (i.e. account opening branch) or it can also be sent to the customer’s desired branch for collection.
• The cheque book issuance fee (after 1st cheque book) will be as per Schedule of Charges (SOC) of MDB.

• Internet Banking Facility (midland online) isn’t MANDATORY for all the accounts under this product. However, customers’ will be pursued to avail the internet 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.

• NIL

• 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.

• Government Excise Duty is applicable.
• The operation of this account is subject to the laws, banking regulations or banking practices that may change from time to time.
• All Taxes / Duty / levy and/or any other surcharges presently in force or that may be imposed by the Government of Bangladesh from time to time will be deducted / recovered from the account.

• The Bank reserves the right to change the rules/procedures of the product if deemed necessary.

• 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.

• Tk 1,000/

• 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 will be accrued on monthly basis and paid to on half yearly basis.

• 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

• Applicant can open account either in the single name or in the joint names.

• Mudaraba

• Debit card is mandatory and 1st year free

• Branch will issue cheque book against the account.

• As per schedule of charges of MDB

• As per schedule of charges of MDB

• Will be deducted as per NBR rules

• 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

• Any existing MDB Bank account holder or
• Any MDB officials (including Direct Sales Officer)

• The account can be opened through MDB website
• This is a Transactional savings account
• The accounts will be in local currency (BDT)
• No initial deposit is required
• Free Debit Card facility (Lifetime)
• 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. However, it can be increased at the request of the customer
• Daily Debit Card transaction limit (up to 10 transactions, ATM + POS)
• 50% waiver on Foreign Currency endorsement
• A one time in person meeting is needed for introduction and obtaining original ID documents as per BANGLADESH BANK regulation. If within 35 KM of any of our Branches, Banking Booths or Agent Banking Centres, one of our staff will visit you. If outside 35 KM, the one time visit to any of our offices is needed for introduction and submission of original ID documents.

• Any Resident Bangladeshi citizen can open this account.

• Customer can open the MDB Saalam Digital Savings Account either in the single name or in joint names.

• Through MDB website (www.midlandbankbd.net)

• There is no initial deposit required to open the account. However, to request/issue a debit card, the customer needs to maintain a minimum deposit of BDT 1,000.

• Bank’s prescribed online Account Opening Form (AOF) that will be available in MDB website (www.midlandbankbd.net).
• 02 (Two) passport size photographs of account holder(s) attested by the introducer
• 02 (Two) passport size photographs of Legal Guardian attested by the introducer (applicable for minor account)
• Photocopy of valid Photo ID: Passport/National ID/ Birth Certificate (supported by valid Photo ID to be obtained as per BFIU, Bangladesh Bank guideline) of the account holder(s)/Legal Guardian attested by the introducer.
• 01 (one) passport size photograph of nominee(s) attested by account holder(s).
• Photocopy of valid Photo ID: Passport/National ID/ Birth Certificate (supported by valid Photo ID to be obtained as per BFIU, Bangladesh Bank guideline) of the nominee(s)/legal guardian (if any) attested by the account holder(s).
• The account opening procedure shall be strictly followed as per MDB Branch Operations Manual and Bangladesh Bank guidelines that may change from time to time.

• Mudaraba

• The provisional profit rate and profit sharing ratio will be reset periodically upon review by MDB’s Asset Liability Committee (ALCO) and will be subject to change as per deposit rate sheet. However the original profit rate will be determined at the end of the year

• Profit will be calculated on End of Day (EOD) balance of the account and applied to the account on a monthly basis.
• The customers may withdraw fund any time without losing profit on the End of Day (EOD) balance. However, if a customer does more than 10 transactions (either through ATM or POS) in a day, the profit will be forfeited for the month.

• Debit Card is MANDATORY. However, to request/issue a debit card, the customer needs to make an initial deposit of minimum BDT 1,000. The annual fees for the debit card is waived for LIFETIME. However, for any card replacement (lost/stolen/damaged), the customer needs to pay as per “Schedule of Charge” of the Bank.

• No Cheque Book will be allowed/issued under this product

• Internet Banking Facility (midland online) is MANDATORY for all the accounts under this product.

• As per schedule of charges of MDB

• As per schedule of charges of MDB.

• Will be deducted as per NBR rules

• This account is in local currency (BDT).
• This is a Non-Transactional savings scheme account.
• The profit will be calculated and accrued on a monthly basis and applied to the account on a yearly basis.
• Customer may deposit monthly instalments through all the available mode of payment.
• More than 01 (one) account can be opened by the customers.
• Free SMS banking facility.

• 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.

• All MDB branches/Uposhakha or Sub Branch/ABC.

• BDT 250, BDT 500 or multiple of 500 upto BDT 25,000.

• 3 years / 5 years / 8 years / 10 years

• Profit will be calculated on monthly basis and applied to the account on a yearly basis.

• Applicant can open account either in the single name or in the joint names.

• Mudarabah

• At maturity, the scheme account will remain on halt (i.e. no further profit shall be accrued) until the customer visits the branch and claims for the amount payable to the customer after deduction of necessary charges.
• If the customer fails to pay 03 (three) consecutive instalments, the account will remain on halt (i.e. no further profit shall be accrued) until the customer visits the branch and claims for the amount payable to the customer as per “Method & Forfeiture of Earning Profit” criteria and after deduction of necessary charges.

• As per premature encashment policy of the bank

• Government excise duty is applicable.
• All taxes / duty / levy and/or any other surcharges presently in force or that may be imposed by the Government of Bangladesh from time to time will be deducted / recovered from the deposit account under this scheme.
• Late fees @ 2% of instalment amount or BDT 200 whichever is higher will be charged per month for failure to deposit the instalment in time.

• The Monthly Scheme Deposit can be opened through existing MDB online user only
• This is a non-transactional deposit account
• The accounts will be in local currency (BDT)
• E-statement facility
• EMI starting from minimum 250 BDT, 500 BDT & its multiple (But limited up to 25000 BDT)
• No account opening form and no signature are required.

• Any Bangladeshi citizen having registered with MDB online facility can open this account
• A MDB Saalam CASA account is mandatory to avail this facility

• Through MDB online portal of the account holders using their personal computer and mobile apps.

• BDT 250, BDT 500 or multiple of 500 upto BDT 25,000.

• 3 years / 5 years / 8 years / 10 years

• Profit will be calculated on monthly basis and applied to the account on yearly basis by using Weightage Average Method.

• The title of the MDB Saalam Digital Monthly Savings Scheme Account will be same as respective MDB Saalam CASA account name

• Mudaraba

• At maturity, the scheme account will remain on halt (i.e. no further profit shall be accrued) until the customer visits the branch and claims for the amount payable to the customer after deduction of necessary charges.
• If the customer fails to pay 03 (three) consecutive instalments, the account will remain on halt (i.e. no further profit shall be accrued) until the customer visits the branch and claims for the amount payable to the customer as per “Method & Forfeiture of Earning Profit” criteria and after deduction of necessary charges.

• As per premature encashment policy of the bank

• Government excise duty is applicable.
• All taxes / duty / levy and/or any other surcharges presently in force or that may be imposed by the Government of Bangladesh from time to time will be deducted / recovered from the deposit account under this scheme.
• Late fees @ 2% of instalment amount or BDT 200 whichever is higher will be charged per month for failure to deposit the instalment in time.

• This account is in local currency (BDT).
• This is a Non-Transactional savings scheme account.
• The profit will be calculated and accrued on a monthly basis and applied to the account on a yearly basis.
• Customer may deposit monthly instalments through all the available mode of payment.
• More than 01 (one) account can be opened by the customers.
• Free SMS banking facility.

• 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.

• All MDB branches/Uposhakha or Sub Branch/ABC.

• BDT 250, BDT 500 or multiple of 500 upto BDT 25,000.

• 3 years / 5 years / 8 years / 10 years

• Profit will be calculated on monthly basis and applied to the account on a yearly basis.

• Applicant can open account either in the single name or in the joint names.

• Mudarabah

• At maturity, the scheme account will remain on halt (i.e. no further profit shall be accrued) until the customer visits the branch and claims for the amount payable to the customer after deduction of necessary charges.
• If the customer fails to pay 03 (three) consecutive instalments, the account will remain on halt (i.e. no further profit shall be accrued) until the customer visits the branch and claims for the amount payable to the customer as per “Method & Forfeiture of Earning Profit” criteria and after deduction of necessary charges.

• As per premature encashment policy of the bank

• Government excise duty is applicable.
• All taxes / duty / levy and/or any other surcharges presently in force or that may be imposed by the Government of Bangladesh from time to time will be deducted / recovered from the deposit account under this scheme.
• Late fees @ 2% of instalment amount or BDT 200 whichever is higher will be charged per month for failure to deposit the instalment in time.

• The Hajj Savings Scheme Deposit can be opened through existing MDB online user only
• This is a non-transactional deposit account
• The accounts will be in local currency (BDT)
• E-statement facility
• EMI starting from minimum 250 BDT, 500 BDT & its multiple (But limited up to 25000 BDT)
• No account opening form and no signature are required.

• Any Bangladeshi citizen having registered with MDB online facility can open this account
• A MDB Saalam CASA account is mandatory to avail this facility

• Through MDB online portal of the account holders using their personal computer and mobile apps.

• BDT 250, BDT 500 or multiple of 500 upto BDT 25,000.

• 3 years / 5 years / 8 years / 10 years

• Profit will be calculated on monthly basis and applied to the account on yearly basis by using Weightage Average Method.

• The title of the MDB Saalam Digital Hajj Savings Scheme Account will be same as respective MDB Saalam CASA account name.

• Mudaraba

• At maturity, the scheme account will remain on halt (i.e. no further profit shall be accrued) until the customer visits the branch and claims for the amount payable to the customer after deduction of necessary charges.
• If the customer fails to pay 03 (three) consecutive instalments, the account will remain on halt (i.e. no further profit shall be accrued) until the customer visits the branch and claims for the amount payable to the customer as per “Method & Forfeiture of Earning Profit” criteria and after deduction of necessary charges.

• As per premature encashment policy of the bank

• Government excise duty is applicable.
• All taxes / duty / levy and/or any other surcharges presently in force or that may be imposed by the Government of Bangladesh from time to time will be deducted / recovered from the deposit account under this scheme.
• Late fees @ 2% of instalment amount or BDT 200 whichever is higher will be charged per month for failure to deposit the instalment in time.

• Any Resident Bangladeshi citizen having registered with MDB online facility can open this term Deposit account.
• In case of minor account. Legal Guardian having registered with MDB online facility can open and operate the account on behalf of the minor until the minor reaches the age of 18.
• Proprietorship concern having registered with midland online facility can open this Term deposit.
• A CASA account is mandatory to avail the facility.

• All MDB branches/Uposhakha or Sub Branch/ABC.

• Tk 10, 000

• 1/3/6/12/18 & 24 months

• Investment Income Sharing Method (IISR)/ Weightage Average Method ( As per decision of the Bank)

• Profit will be accrued on monthly basis and applied to the account at maturity

• As per premature encashment policy of the bank

• Applicant can open account either in the single name or in the joint names.

• Mudaraba

• Will be deducted as per NBR rules

• Bank’s prescribed MDB Saalam Term Deposit Account Opening Form (AOF).
• The documents required to open this account shall be governed by the MDB Branch Operations Manual, MDB Comprehensive Account Opening Documentary Checklist and Bangladesh Bank guidelines.
• The account opening procedure shall be strictly followed as per MDB Branch Operations Manual, MDB Comprehensive Account Opening Documentary Checklist and Bangladesh Bank guidelines that may change from time to time.

• Any Resident Bangladeshi citizen 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.
• All sorts of Firms, Institution, Organization and Companies having approval from proper authority in Bangladesh are eligible to open the account.

• Through MDB online portal of the account holders using their personal computer and mobile apps.

• Tk 10,000

• 1/3/6/12/18 & 24 months

• Mudaraba

• Weightage Average Method

• Profit will be accrued on monthly basis and applied to the account at maturity.

• As per premature encashment policy of the bank

• Applicant can open account either in the single name or in the joint names.

• Will be deducted as per NBR rules

• 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 Branch.

• Tk 10, 000

• 1/3/6/12/18 & 24 months

• Weighted Average Method

• Profit will be accrued on monthly basis and applied to the account at maturity

• Mudaraba

• No fee

• No fee

• Will be deducted as per NBR rules

• Will be deducted as per NBR rules

• MDB Comprehensive Account Opening Documentary Checklist and Bangladesh Bank guidelines.

• Any existing MDB Bank account holder or
• Any MDB officials (including Direct Sales Officer)
• Socially known person acceptable to the Bank

• As per premature encashment policy of the bank

• All sorts of Firms, Institution, Organization and Companies including locally incorporated foreign companies are eligible to open this account.

• All MDB branches/Uposhakha or Sub Branch/ABC.

• Tk 10,000/

• 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.

• 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

• Applicant can open account either in the single name or in the joint names.

• Mudaraba

• Debit card is mandatory and 1st year free

• Branch will issue cheque book against the account.

• As per schedule of charges of MDB

• As per schedule of charges of MDB

• Will be deducted as per NBR rules

• 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.

• Any existing MDB Bank account holder or
• Any MDB officials (including Direct Sales Officer)
• Socially known person acceptable to the Bank

• 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.

• Tk 5,000/

• Profit will be calculated on daily day end balance, accrued monthly and applied (i.e. paid) to the account on half yearly basis.

• 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

• Mudaraba

• As per schedule of charges of MDB

• As per schedule of charges of MDB

• Will be deducted as per NBR rules

• MDB Comprehensive Account Opening Documentary Checklist and Bangladesh Bank guidelines

• Any existing MDB Bank account holder or
• Any MDB officials (including Direct Sales Officer)
• Socially known person acceptable to the Bank

• Any Resident Bangladeshi citizen 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.

• All MDB branches/Uposhaka or Sub Branch/ABC.

• BDT 50,000.00 (Fifty Thousand) only and its multiples

• 3/6/12/18/24 & 36 months.

• Weightage Average Method

• Profit will be calculated at the end of month and applied to the account on the specific date (on which the account was opened) of each month until the scheme becomes matured.

• As per premature encashment policy of the bank.

• Applicant can open account either in the single name or in the joint names.

• Mudaraba

• Will be deducted as per NBR rules.

• Bank’s prescribed MDB Saalam Family Support Opening Form (AOF).
• The account opening procedure and required documents to open this account shall be governed by the MDB Branch Operations Manual, MDB Comprehensive Account Opening Documentary Checklist and Bangladesh Bank guidelines.

• Any Resident Bangladeshi citizen 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.

• Through MDB online portal. Existing account holders can open these scheme by using their personal computer/mobile application.

• BDT 50,000.00 (Fifty Thousand) only and its multiples

• 3/6/12/18/24 & 36 months.

• Weightage Average Method

• Profit will be calculated at the end of month and applied to the account on the specific date (on which the account was opened) of each month until the scheme becomes matured.

• As per premature encashment policy of the bank.

• Applicant can open account either in the single name or in the joint names.

• Mudaraba

• Will be deducted as per NBR rules.

• Bank’s prescribed MDB Saalam Family Support Opening Form (AOF).
• The account opening procedure and required documents to open this account shall be governed by the MDB Branch Operations Manual, MDB Comprehensive Account Opening Documentary Checklist and Bangladesh Bank guidelines.

• All MDB branches, Uposhakha and Agent Banking Centers

• Tk 10,000

• 1/3/6/12/18 & 24 months,

• Weightage Average Method

• Profit will be accrued on monthly basis and applied to the account at maturity

• Mudaraba

• Will be deducted as per NBR rules

• Any Resident Bangladeshi citizen aged minimum 18 years & above can open the account.
• Minor can open this account along with legal guardian having NID card only.

• All branches, sub-branches & ABC of MDB.

• Tk 500/

• Customer can open the MDB Saalam e-Saver Account either in the single name or in joint names but every applicant must have NID as a proof of identity./

• Weighted Average Method

• This is a shariah based transnational savings account
• Account opening through thumb impression & face recognition technology,Paper less Instant Account opening with National ID card only.
• Free VISA Debit Card facility (1st year only)
• First Cheque book issuance is free
• Free Internet Banking facility
• Free SMS Banking facility (1st year only)
• Free monthly e-statement facility
• Monthly profit on daily deposit

• Mudaraba

•  As per schedule of charges of the bank.( Same as MDB Saalam Savings Account)

• As per schedule of charges of the bank.( Same as MDB Saalam Savings Account)

• Will be deducted as per NBR rules

• No Introducer Required for MDB Saalam e-Saver account as per Bangladesh Bank e-KYC guideline.

• For any Non Resident Bangladeshi Citizen

• All MDB branches/Uposhaka or Sub Branch/ABC/ PBS Contact points.

• Tk 10,000/

• Profit will be calculated on daily balance of the account. If EOD balance of the accounts falls below Tk 5,000/-, client will lose the profit for the day.

• Profit will be accrued on monthly basis and paid on half yearly basis.

• 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
• Free online banking.
• 1st cheque book is free

• Applicant can open account either in the single name or in the joint names.

• Mudaraba

• Debit card is available and 1st year free.

• Branch will issue cheque book against the account.

• As per schedule of charges of MDB

• As per schedule of charges of MDB

• Will be deducted as per NBR rules

• 2 copies Passport size photographs of applicant (s)
• Photocopy of the relevant pages of the passport where the customer(s) name, date of birth, date and place of issue, expiry date, photograph and signature appear
• Photocopy of valid Visa/work permit.
• In case of foreign passport attested photocopy of “no visa required for travel to Bangladesh’ page required.

• Any existing MDB Bank account holder or
• Any MDB officials (including Direct Sales Officer)

• Any Bangladeshi citizen 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.

• This scheme can be opened in single name or in joint names.

• All MDB branches, Sub-branches and Agent Banking Centers.

• This account is in local currency (BDT).
• This is a Non-Transactional savings scheme.
• This product is for existing Midland CASA account holders only. They have to get registered in ‘midland online’ or Internet banking facility.
• The primary deposited amount will be doubled after 3/4/5/6 years approx. (as preferred by the customer) Minimum primary deposit amount will be 25,000 and its multiples. Equal monthly installment to be paid till maturity.
• Customer will deposit monthly installments through linked individual CASA.
• More than 01 (one) account can be opened by the same customer.
• Free internet banking facility.
• Free SMS banking facility.

• Mudaraba -

  Mudaraba means a partnership regarding labor & capital, where one partner provides full capital and the other one manages the business. In Mudaraba accounts, depositor authorizes bank to invest the Mudaraba fund at the risk of the depositor. Profit, gained by utilizing the fund, is to be share between depositor & the Bank as per pre-agreed profit sharing ratio. Loss incurred, if any, is to be borne by the depositor. However, if the loss incurred is due to the fault, negligence or non-adherence of the bank then liability of loss is the banks sole responsibility. Customer and Bank must agree on a pre-agreed profit sharing ratio.

• Weighted average

• BDT 25,000.00 (twenty five thousand) and its multiples.

Monthly installment amount will be as per below table.

• Bank’s prescribed Saalam Scheme Account Opening Form (AOF).
• The documents required to open this account and account opening procedure shall strictly follow MDB Branch Operations Manual, MDB Comprehensive Account Opening Documentary Checklist and Bangladesh Bank guidelines that may change from time to time.

• Profit will be calculated at the end of month and applied to the account at the year-end or at maturity whichever is earlier.

• On maturity, primary deposited amount may be doubled and final payment will be made after deducting taxes & duties applicable as per rules of NBR. Depending on the business, the amount may be more or less than double of the primary deposited amount.

• Multiple nominees are allowed as decided by the account holder(s) for each account.
• In case of minor nominee(s), a legal guardian is also required with Photo graph and photo ID.

• Late payment fee @ 2% of installment amount will be charged per month for failure to deposit the installment in time.
• If 6 (six) installments become overdue at any point of time, then the scheme will be halted. Customer will visit branch and submit closure request for closing of the scheme.

• 3/4/5/6 years from the date of A/C opening. However, if any installment is pending at the time of maturity then the scheme will be closed after 1 month from the date on which all installments have been realized.
• Customer can close the scheme account any time before maturity. In case of premature encashment, ‘Premature Encashment’ rule will be applicable.
• At maturity, if system allows then the account will be automatically closed and closing proceeds will be transferred to customers CASA account. However, customer can withdraw the maturity amount through Payment Order/Wire Transfer/account transfer also.
• Account closure Fee is NIL.

• All taxes/duty/levy and /or any other surcharges presently in force or that may be imposed by the Government of Bangladesh from time to time will be deducted/ recovered from the deposit account under this scheme.

• If encashed before 1 (one) year then no interest will be paid. If encashed after 1 year and before the expiry, then interest will be paid as per savings a/c interest rate.

• There is no maximum limit under this product. But amount has to be BDT 25,000.00 or its multiples.

• Investment facility can be taken up to 90% of the deposited amount under this scheme.Investment facility can be taken up to 90% of the deposited amount under this scheme.

• Any Bangladeshi citizen having Midland Bank CASA Account and that account is registered with MDB online facility, can open this scheme Deposit 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.

• This scheme can be opened in single name or in joint names. However, the title of the MDB Saalam Digital Double Benefit Plus Scheme Account will be same as respective MDB CASA Account Name.
• The operating instruction of the account has to be “Either or survivor”.

• In ‘midland online’ (under Internet banking).

• This account is in local currency (BDT).
• This is a Non-Transactional savings scheme.
• The primary deposited amount will be doubled after 3/4/5/6 years (as preferred by the customer).
• Minimum primary deposit amount will be 25,000 and its multiples. However, at initial stage, following slabs will be included in ‘midland online’. 25,000/50,000/100,000/200,000/500,000/1,000,000/1,500,000/2,000,000. Later on, if required, more slabs can be included with prior consent of concern business head.
• Customer can deposit monthly installments through CASA account only.
• More than 01 (one) account can be opened by the same customer.
• Free internet banking facility.
• Free SMS banking facility.

• Mudaraba -

  Mudaraba means a partnership regarding labor & capital, where one partner provides full capital and the other one manages the business. In Mudaraba accounts, depositor authorizes bank to invest the Mudaraba fund at the risk of the depositor. Profit, gained by utilizing the fund, is to be share between depositor & the Bank as per pre-agreed profit sharing ratio. Loss incurred, if any, is to be borne by the depositor. However, if the loss incurred is due to the fault, negligence or non-adherence of the bank then liability of loss is the banks sole responsibility. Customer and Bank must agree on a pre-agreed profit sharing ratio.

• Weighted average

• BDT 25,000.00 (twenty five thousand) and its multiples.

Monthly installment amount will be as per below table.

Enrolled MDB online users will log in to Midland Online through secured web portal or mobile apps and place request by filling the digital template. Process to fill up digital template log in to ‘midland online’> Account Services>Schemes>fill up form and submit.
• and agreeing with all terms and conditions therein.
• No Account opening Form will be required.
• No signature will be required.
• No documentation is required.
• Existing regular KYC will serve the requirement.
• Before opening the scheme deposit account screening process will be run.
• Before opening the scheme deposit account sufficient balance must be ensured by the client.
• Multiple accounts can be opened by the customer.

• Profit will be calculated at the end of month and applied to the account at the year-end or at maturity whichever is earlier.

• On maturity, initially deposited amount may be doubled and final payment will be made after deducting taxes & duties applicable as per rules of NBR. Depending on the business, the amount may be more or less than double of the initially deposited amount.

• Nominee will be as similar as existing MDB CASA account.
• In case of minor nominee(s), a legal guardian is also required with Photo graph and photo ID.

• Late payment fees @ 2% of installment amount will be charged per month for failure to deposit the instalment in time.
• If 6 (six) installments become overdue at any point of time, then the scheme will be halted. Customer will submit closure request through Midland Online or by visiting nearest bank outlet.

• 3/4/5/6 years from the date of A/C opening. However, if any installment is pending at the time of maturity then the scheme will be closed after 1 month from the date on which all installments has been realized.
• Customer can close the scheme account any time before maturity. In case of premature encashment, ‘Premature Encashment’ rule will be applicable.
• At maturity, if system allows then the account will be automatically closed and closing proceeds will be transferred to customers CASA account.
• The Scheme can be closed at any time by providing online application through ‘midland online’. Process to submit online closing request log in to ‘midland online’> Account Services>Encashment Services> Select the concern Scheme>Submit
• Or MDB online users can take any branch or other stake holder’s assistance to process the encashment application.
• Matured amount will be paid to customer CASA A/C only.
• Account closure Fee is NIL.

• All taxes/duty/levy and /or any other surcharges presently in force or that may be imposed by the Government of Bangladesh from time to time will be deducted/ recovered from the deposit account under this scheme.

• If encashed before 1 (one) year then no profit will be paid. If encashed after 1 year and before the expiry, then profit will be paid as per savings a/c profit rate.

• There is no highest limit under this product. But, at initial stage, maximum limit of primary deposit will be BDT 2,000,000.00 which can be enhanced with prior consent from respective business head.

• Investment facility can be taken up to 90% of the deposited amount under this scheme.

• Apartment/House Purchase
• House Construction / Renovation / Extension / Completion
• Takeover of existing home finance from any Bank / Financial Institution Investment Amount ranges from BDT 500,000 to BDT 20,000,000.
• Repayment tenure of 3 years to 25 years
• Competitive profit rate
• No Processing fee for Take over amount of home finance from other Banks/ Financial Institutions.
• Early full settlement and partial settlement allowed without any fee.
• Quick processing

• Salaried Executives (Govt): Must be confirmed employee.
• Salaried Executives (others): Minimum 2 years experience with 3 months employment with present employer.
• Businessman: Minimum 2 years business experience.
• Self Employed (Professional): Minimum 2 years professional experience.
• Landlord: No experience.

• Minimum : 21 years
• Maximum : 65 years for Salaried employees and 70 years for others at the end of investment tenor.

• Joint application is mandatory but limited to family member viz. Spouse, Parents, Siblings (Brothers & Sisters), and Children only

• Minimum 3 years to Maximum 25 (Twenty Five) years

• Allowed without any fee.

• As per NBR circular

• Bank will finance maximum 70% of property value or BDT 2.00 crore whichever is lower as per Bangladesh Bank Guidelines (70:30 debt equity ratio)

• Investment Amount ranges from BDT 50,000 to BDT 2,000,000
• Repayment tenure of 12 months to 60 months.
• Competitive profit rate
• Early full settlement and partial settlement allowed without any charge.
• Quick processing
• Fully Shariah complied.

• Government Employee: Confirmed employee and 3 months salary should be credited in the account.
• Employee of Multinational Companies: Confirmed employee with at least 1 year working experience and 3 months salary should be credited in the account.
• Other Salaried: Must be confirmed employee having 2 years work experience including 3 months at present employer.
• Self Employed: Must have minimum 2 years experience
• Businessperson: Must have minimum 2 years business experience
• Contractual employees: Minimum length of service is 3 years. Last two contract renewal documents to be provided.

• Minimum : 21 years
• Maximum : 65 years

• Joint application allowed

• Maximum 5 (five) years

• To purchase any Shariah permissible products and consumer durables.

• No early/partial settlement fee.

• As per NBR circular

• Investment for purchase of brand new Motor Bike (Motor Cycle).
• Investment Amount ranges from BDT 50,000 to BDT 2,50,000
• Repayment tenure of 06 months to 36 months.
• Competitive Profit rate.
• Early full settlement and partial settlement allowed without any fee.
• Quick processing

• Permanent Salaried Executives: Minimum 1 year of continuous experience (including probation period) with 6 months employment with present employer.
• Contractual Salaried Executives: Only Medical Representative Officer of reputed pharmaceutical company having 2 years of experience with at least 12 months in current organization
• Self Employed: Minimum 2 years of practice in the profession as per BMDC/Professional Certification.
• Business person: Minimum 2 years of continuous business experience as per Trade License copy

• Primary applicant / borrower’s minimum age should be 21 years

• Spouse only
• Total gross monthly income of Principal and Joint applicant should be minimum BDT 30,000 per month.

• HPSM

• Minimum 6 months to Maximum 36 (thirty six) months.

• For purchasing Motor Bike (Motor Cycle)

• Maximum 2 years old model at the time of financing. Electric/ Battery driven Motor Bike is excluded.

• Quick processing

• As per NBR circular

• Bank will finance maximum 250,000.00 or 70% of Motor Cycle Price

• Auto Finance is for purchase of brand new, reconditioned and registered used car (for personal use only)
• Investment Amount ranges from BDT 200,000 to BDT 4,000,000
• Repayment tenure of 12 months to 72 months
• Competitive Profit rate
• Early full settlement and partial settlement allowed
• Quick processing

• Government Employee: Confirmed employee and 3 months salary should be credited in the account.
• Employee of Multinational Companies: Confirmed employee with at least 1 year working experience and 3 months salary should be credited in the account.
• Other Salaried: Must be confirmed employee having 2 years work experience including 3 months at present employer.
• Self Employed: Must have minimum 2 years experience
• Businessperson: Must have minimum 2 years business experience
• Contractual employees: Minimum length of service is 3 years. Last two contract renewal documents to be provided.

• Minimum : 21 years
• Maximum : For salaried segment 65 years or retirement date whichever is earlier at investment maturity for salaried segment. For other segment- 65 years

• Joint application allowed

• HPSM

• Maximum 6 (six) years

• Brand new, reconditioned and registered used car

• Quick processing

• As per NBR circular

• Bank will finance maximum 50% of car quotation price or BDT 40 lac whichever is lower

• MDB Saalam SME Bai Muajjal

• To finance working capital requirement of Bank’s SME Clients.

• Bai- Muajjal

• MSME entrepreneurs, Organizations any business organization, in need of shariah compliant working facility financing for valid business reason.

• Any amount as per sanction letter.

• Profit rate should be as per sanction letter of the client.

• Depending on cash cycle of the client, the tenor of this facility may vary from 30 days to 360 days.

• MDB Saalam-SME Shirkatul Melk

• To financing projects, fixed assets, machinery, vehicle/ transport for own/ commercial use, take over liability against fixed asset from other banks, etc.

• MSME entrepreneurs, Organizations, any business organization, in need of shariah compliant term financing for valid business reason.

• Hire purchase under Shirkatul Melk

• Maximum Up to BDT. 5.00 Crore

• More than 01 year to maximum 8 years.