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Deposit

MTB Education Plan is a monthly deposit scheme that secures your child’s future, ensuring funds are available for their higher education or any special needs as they grow.

Key Features & Benefits:

  • Attractive interest rates
  • Multiple tenors available – 4/7/9/12 Years
  • Customer can open multiple “MTB Education Plan”
  • Automatic transfer of monthly installments from linked account

Interest:

Amount of Deposit:

  • Any multiple of BDT 1,000 and up to BDT 20,000

Eligibility :

  • Nationality: Bangladeshi with Valid Identity Card
  • Age: Below 18 Years
  • Must have a Current/Savings account with MTB
  • Guardian on behalf of his/her minor will be able to open account

Required Documents:

  • Identification: NID/Birth Certificate/Passport (Parent) and Student ID Card/Birth Certificate/Passport (Child)
  • Photographs: Two recent passport-size photographs of both the Parent and the Child.
  • Nominee Details: One nominee photograph (attested by account holder) and nominee’s NID/Birth Certificate/Passport
  • Proof of Income: Income source document
  • E-TIN: Electronic Tax Identification Number

Note: For MTB CASA account holders, some documents may already be on file. However, the bank may request additional documents if necessary.

Note: The amount payable at maturity /closure shall be paid subject to the deduction of tax, excise duty etc. imposed by the Government from time to time.

For more updated information, please contact our Contact Centre at 16219 (from Bangladesh) and +880 96040 16219 (from overseas), or visit the nearest branch of Mutual Trust Bank PLC.

Last updated on November 26, 2024

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