NRB DPS A/C

NRB DPS

NRB DPS is a monthly installment base savings deposit product in Bangladeshi Taka for individuals. It is specially designed for NRBs and their nominated beneficiaries.

Features and Benefits:

• NRB Deposit Pension Scheme is a new deposit product for NRBs as well as new concept since there is no separate or any pension scheme for the NRBs
• Installment slab: 500/-, 1000/-, 2000/-, 5000/- and can be multiple of 500/-
• Monthly installment will be deposited automatically from NRB savings account.
• Highest interest rate than other deposit products. For present interest rate, please click on Rate
• Loan facilities up to 80% of the deposit amount. Minimum loan amount will not be less than BDT 25,000/-.
• Early encashment facility
• Maturity: Period option 5 & 10 years

For current interest rate, please dial MTB Contact Centre on 16219 from Bangladesh and +880-96040-16219 from overseas.

Apply Eligibility:

• Only NRBs (Non Resident Bangladeshi) may open this account in their own name or the name of the beneficiaries.
• A linked NRB Savings account is also need to be opened.
• More than one account can be opened by the same depositor at the same branch.

Required Documents:

• Bank prescribed account opening form duly filled up (Download)
• Three passport size photographs of the applicant (Attested by the NRB)
• Copy of Passport, work permit and salary certificate of NRB
• Copy of Valid Photo ID of the applicant.
• Nominees photograph (One Passport size Photograph for each nominee.