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Mercantile Bank Limited

Mercantile Bank Limited

 +88-02-9559333, 9553892


Account information of MERCANTILE BANK LIMITED
NameSpecial Noticed Deposit Account
Category Savings Account
Accounts Type-
  • Attractive Interest Rates.
  • Customer has to notify 7 days before withdrawing money.
  • MICR Cheque Book with every SND account is a must.
  • Minimum Balance Fee : NIL
  • Incidental Charge Ledger Fee: NIL
  • Service Charge: NIL
  • Account Maintenance Fee: Maximum BDT 500.00 Only (half yearly basis)
  • Account Closing Fee: Maximum BDT 300.00 Only



Any individual or corporate body can open Special Notice Deposit Account, which is an interest bearing deposit account, for a short period of time. However, 7 days of notice is required if the customer wishes to withdraw money from this account.

Interest rate:

BDT 1 Lac to Less than BDT 1 Cr. BDT 1 Cr. to less than BDT 25 Cr. BDT 25 Cr. to less than BDT 50 Cr. BDT 50 Cr. to less than BDT 100 Cr. BDT 100 Cr. and above
3.50% 4.00% 4.50% 5.00% 5.50%
*Bdbankbazaar is not responsible for any discrepancy of any terms and condition , rate of respective Bank/ NBFI