SAALAM MUDARABA NARI SUROKKHA DPS

Secure Shariah-Compliant Savings for Women, Stronger Future Ahead

MDB SAALAM NARI SUROKKHA DPS is a dedicated Shariah-compliant savings scheme designed to help women build disciplined savings habits through affordable monthly installments under Mudaraba principles. The scheme supports women in planning for important milestones such as education, marriage, healthcare needs, children’s future planning, and small business growth while ensuring adherence to Islamic banking values.

This initiative reflects Midland Bank PLC’s commitment to strengthening women’s financial security through Islamic banking services and promoting financial inclusion among women across all segments of society.

Through MDB SAALAM NARI SUROKKHA DPS, working women, homemakers, students, and women entrepreneurs can gradually build a stable financial foundation and achieve their long-term goals in a Shariah-compliant manner.

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 Saalam CASA account
  • Attractive and competitive expected profit under Mudaraba principles
  • Multiple DPS accounts allowed
  • Joint account facility
  • Digital account opening facility available
  • Encourages long-term savings discipline
  • Investment facility up to 90% of DPS balance
  • Health Takaful coverage facility for eligible customers
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 Mudaraba 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
Provisional profit rate
  • Higher than standard DPS products
  • Determined as per ALCO decision
Penalty/Compensation
  • 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