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Last updated: 29th June 2022

Savings Accounts

Savings Bank (SB) Account is designed for individual savers who want to save a small part of their income which may be used in the near future and also intend to have some profitable returns on such savings. They can deposit a small amount and can withdraw whenever they desire but the total numbers of withdrawals over a period of time are limited.
=>Features and Benefits:
    =>Bank pays attractive interest.
    =>Personalized MICR Cheque Book is available.
    =>Nominal service charge.
    =>Any branch banking facility (Cash withdrawal and deposit from any branch).
    =>Bank accepts Standing Instructions from A/C holders.
    =>Nomination facility is available to nominate beneficiary for account proceeds.
    =>Interest is payable on half yearly basis.
    =>Charge free statement of A/C, Balance Confirmation Certificate twice in a year on half yearly basis.
    =>Option is available to collect e - Statement on monthly basis.
    Age: 18 years or above.
    Single/Joint account can be opened.
    Minor account can be opened under the supervision of his / her / their guardian.
=>Applicants must satisfy the following documentation requirements for Personal Banking:
    =>Photocopy of Citizenship Certificate / Passport / National I.D. Card / Driving License;
    =>Two copies of recent passport size photograph duly attested by the introducer.
    =>The account requires an introduction by an existing account holder with satisfactory transaction records in Bangladesh Development Bank Limited.
    =>Tin Certificate.
    =>Proof of communication address: Photocopy of an Electricity Bill / Gas Bill / Wasa Bill / Telephone Bill.
    =>Initial deposit of Tk 1,000/- for rural clients.
    =>Nominee form and photograph of nominee(s) (signature attested by the account holder). In case of minor nominee, copy of the birth certificate and photograph required;
    =>Personal Information Form.
    =>Transaction Profile.
    =>KYC Form.
    =>Account Opening Form to be duly filled in and signed by A/C holder and to be authenticated by Bank’s authorized officials.
=>Rate of Interest & Fees
    =>Fees and Charges: As per existing schedule of charges which is separately displayed/shown on the web site.

Opening of the account requires completion of requisite documentation and satisfactory KYC formalities.

For more information on our other products, please contact our any Branch.