MDB Savings Account - General

Title Details
Eligibility
  • Any Bangladeshi citizen with photo ID document as applicable for savings account
  • Age 18 years and above
Availability
  • All Mdb Branches, Sub Branches & Agent Banking Centers
Minimum initial deposit amount
  • BDT 600
Interest Calculation
  • Interest will be calculated on monthly balance of the account.
Interest Accrual & Payment
  • Interest will be accrued on monthly basis and paid half yearly basis.
Key Benefits
  • Attractive Interest rate
  • Interest is credited to account on half yearly basis
  • No debit card Fee for 1st year
  • Free internet Banking.
Joint Applicant Option
  • Applicant can open account either in the single name or in the joint names.
Debit Card
  • Debit card is optional
Cheque Book
  • Branch will issue cheque book against the account.
Account Maintenance Fee
Account Closure Fee
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 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)