NARI SUROKKHA DPS

Secure Savings for Women, Stronger Future

NARI SUROKKHA DPS is a dedicated savings scheme designed to encourage disciplined savings among women through affordable monthly installments. The product supports important life goals such as education, marriage planning, healthcare, children’s future planning, and small business development.

This initiative reflects Midland Bank PLC.’s commitment to promoting women’s financial independence and financial inclusion through greater participation in formal banking services and supporting women in building a secure financial future.

Title Details
Key Features
  • Monthly installment-based Shariah-compliant savings scheme
  • Affordable installment starting from BDT 250
  • Flexible tenure options: 3, 5, 8, or 10 years
  • Auto installment transfer from linked account
  • Attractive and competitive interest rates
  • Multiple DPS accounts allowed
  • Joint account facility
  • Digital account opening facility
  • Loan facility up to 90% of DPS balance
  • Encourages long-term savings discipline
Customer Segments
  • Working women
  • Female students
  • Housewives
  • Women entrepreneurs
  • Mothers planning savings for children
  • Bangladeshi females aged 18 years and above
Account Type
  • Non-transactional DPS (Deposit Pension Scheme) account
  • Monthly installment-based savings account
Eligibility
  • Any Bangladeshi female citizen
  • Valid Photo ID (NID / Birth Certificate / Passport) required
  • Minimum Age: 18 years
Account Availability
  • All Branches
  • Sub-Branches
  • Agent Banking Centers &
  • Digital Platform
Tenure
  • 3/5/8/10 Years
Mode of Deposit
  • Installment transferred automatically from linked Saalam CASA account
Interest rate
  • Higher than standard DPS products
  • Determined as per ALCO decision
Penal interest rate
  • 1% of installment amount charged for each default month as per Bank policy.
Force Closure
  • Account may be treated as irregular if three (3) consecutive installments are missed.
  • Closure may occur as per Bank policy
Premature Encashment
  • Applicable policies of the Bank will be followed
Nominee Facility
  • Nominee is mandatory
  • Nominee can be changed at any time through written instruction
Terms & Conditions
  • The Bank reserves the right to change product features and conditions when necessary
FAQ