Features:

• Free Life Insurance Coverage along with COVID-19 Coverage
• Paying Parent can additionally avail Insurance Coverage as Opt-in basis
• Attractive interest rate
• Discount for life style benefits
• Free Debit Card for the Junior
• Free Internet Banking
• Debit card facility for paying parents/legal guardian
• No account Maintenance fee
• No minimum balance fee

Eligibility

• School and College going students aged below 18 years
• Account will be operated by the parent

Amount of Deposit

The minimum amount to open MTB Junior is BDT 100

Insurance Coverage*

• Free Life Insurance Coverage with COVID-19 Coverage:
  • Death due to Natural Causes Including COVID-19 of the paying parent: BDT 25,000
  • Accidental Death (AD) of the paying parent: BDT 5,000 per month amounting up to BDT 3,00,000 in total for 60 months
  • Permanent Total Disability (APTD) due to Accident of the paying parent: BDT 5,000 per month amounting up to BDT 3,00,000 in total for 60 months
• Paying Parent can additionally avail Insurance Coverage as Opt-in basis

*Conditions Apply