MDB Saalam Current Account
Any institution and Bangladeshi citizen can open Midland Bank Saalam Current account.
Title |
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Details |
Eligibility |
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- Any Bangladeshi citizen above 18 years can open this account
- All sorts of Firms, Institution, Organization and Companies are eligible to open this account.
- Locally incorporated foreign companies, permitted foreign national & institution.
|
Availability |
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- All MDB branches/Uposhakha or Sub Branch/ABC.
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Minimum initial deposit
amount |
|
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Profit Calculation |
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- No profit is applied in this account.
|
Key Benefits |
|
- 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)
- 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) & proprietor concern
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Joint Applicant
Option |
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- Applicant can open account either in the single name or in the joint names.
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Mode of Shariah |
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Debit Card |
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- Debit card is mandatory and 1st year free
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Cheque Book |
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- Branch will issue cheque book against the account.
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Account Maintenance Fee |
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- As per schedule of charges of MDB
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Account Closure Fee |
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- 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) 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
|
Introducer's Eligibility |
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- Any existing MDB Bank account holder or
- Any MDB officials (including Direct Sales Officer)
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MDB Saalam Current Account - Corporate
Any institution can open Midland Bank Saalam Current account - Corporate.
Title |
|
Details |
Eligibility |
|
- 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
|
Availability |
|
- All MDB branches/Uposhakha or Sub Branch.
|
Minimum initial deposit
amount |
|
|
Profit Calculation |
|
- No profit is applied in this account.
|
Key Benefits |
|
- 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
|
Mode of Shariah |
|
|
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 |
|
- MDB Comprehensive Account Opening Documentary Checklist and Bangladesh Bank guidelines.
|
Introducer's Eligibility |
|
- Any existing MDB Bank account holder or
- Any MDB officials (including Direct Sales Officer)
- Socially known person acceptable to the Bank
|
MDB Saalam Abiram Account
MDB Saalam Abiram Account is a regular Shariah Based current account & also a non-profit bearing account which can be opened by any SME entrepreneurs, as well as locally incorporated foreign companies.
The benefits of MDB Saalam Abiram Account are highlighted below:
- Shariah Based current account with withdrawal facility
- Free Internet Banking facility
- Free SMS Banking facility (for 1st year)
- Cheque Book facility
- Free Online Transaction
KEY FEATURES ON “MDB SAALAM ABIRAM ACCOUNT”
Title |
|
Details |
Product Description |
|
- 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
|
Eligibility |
|
- Any SME Entrepreneur, Firm, Institution, Organization, locally incorporated foreign companies, can open this account in the name of business.
|
Profit and its Application |
|
- No profit is applied to this account.
|
Mode Of Shariah |
|
|
MDB Saalam Abiram Plus Account
MDB Saalam Abiram Plus Account is a regular Shariah Based profit bearing current account which can be opened by any SME, Firm, Institution, Organization as well as locally incorporated foreign companies.
The benefits of MDB Saalam Abiram Plus Account are highlighted below:
- Shariah Based profit bearing current account with withdrawal facility
- Free Internet Banking facility
- Free SMS Banking facility (for 1st year)
- Cheque Book facility
- Free Online Transaction
KEY FEATURES ON “MDB SAALAM ABIRAM PLUS ACCOUNT”
Title |
|
Details |
Product Description |
|
- 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);
|
Eligibility |
|
- Any SME Entrepreneur, Firm, Institution, Organization, locally incorporated foreign companies, can open this account in the name of business.
|
Profit and its Application |
|
- Profit to be calculated on day end balance and will be credited to depositor’s account on half yearly basis.
|
Mode Of Shariah |
|
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MDB Saalam Corporate Payroll Package
This is a Shariah based salary account for employees of different institution.
Title |
|
Details |
Eligibility |
|
- Only employees of concerned organization (organization having agreement for salary disbursement) having monthly earning over BDT 10,000/- can open the account.
|
Availability |
|
- All MDB branches/Uposhaka or Sub Branch/ABC.
|
Minimum initial deposit
amount |
|
- No minimum balance required/
|
Profit Calculation |
|
- Profit will be calculated on daily day end balance and will be credited to monthly.
|
Key Benefits |
|
- 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
|
Mode of Shariah |
|
|
Debit Card |
|
- 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.
|
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)
- 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.
|
Introducer's Eligibility |
|
- Any existing MDB Bank account holder or
- Any MDB officials (including Direct Sales Officer)
|