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City Bank Limited

City Bank Limited

 02 58813483, 58814375, 58813126

  02 9884446

 info@thecitybank.com

Account information of CITY BANK LIMITED
NameNew born's Deposit Account
Category Savings Account
Accounts Type-
FeaturedNo
Benefit
  • Interest on monthly average balance.
  • Half yearly interest payment.
  • Insurance coverage.
  • Auto installment transfer facility to the DPS account.
  • Flexibility to choose the installment date.
Description

Every child is special to the parents. New Born’s Deposit Account is the account for parents who wish to open account in the name of their new born baby. The account comes up with a (mandatory) unique facility of Insurance Backed DPS, which will help the parents/legal guardian to save and raise fund for the new born baby's future.

Standing instruction will be given in the Savings Account that, installment of Insurance Backed DPS will be collected automatically from Savings Account.

Interest Rate : @ 4.00%

Eligibility:

  • Age :From the day of birth till the child turns 6
  • Nationality: Bangladeshi
*Bdbankbazaar is not responsible for any discrepancy of any terms and condition , rate of respective Bank/ NBFI