Money Market Accounts

A solution to your business need

Money Market Accounts

A solution to your business need

Money Market Accounts give the flexibility of a Call Deposit while retaining the high interest rate of a Time Deposit.

The money market account is a current account product tailored to meet customer need for interest earning on their demand deposit.

The Essentials

 High interest rates

 Flexibility of withdrawing after 7 days

 Convenience and fast access for your funds

 SWEEP facility between two current accounts

It is mandatory that seven days notice  is given prior to withdrawals.

Learn more about money market account

Do you wonder What to do with short term funds in your hands, which you may require at any moment..?

Do you long for an opportunity to earn high interest from your funds while enjoying the flexibility to withdraw whenever you want and deposit whenever you have, part or full..??

Individuals, Proprietorship and Partnership firms, Limited liability Companies, Associations, Clubs, NGO’s etc. can open MMA. It gives you high return on short-term investment and chance to earn maximum on your deposit with us.

Feature of the money market account

  • Earn High returns from your idle funds
  • Interest is computed on daily balances and credited monthly
  • The interest rate applicable for each month is fixed on the first working day of the month.
  • The guaranteed minimum interest rate applicable is equivalent to 1 year STD rate, in case the inter Bank Call Money market rate falls below STD rates
  • A real time online Internet Banking facility
  • Monthly Bank statements dispatched to designated address without any charges.
  • Minimum balance to be maintained is BDT 100,000.

Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.

Open an account

Who can open accounts

 If you are a resident of Bangladesh over the age of 18 years, you can open a Money Market Account.

How to apply

 Visit a branch of your choice to open an account

Apply Now

What you need to bring

 National Identity Card, Driving License or Passport

Money Market Accounts

Related Categories

Deposits

Loans

Money Market Accounts

Money Market Accounts – Business

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Money Market Accounts – Business

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K Sripavan

Chairman

Mr Kanagasabapathy Sripavan was appointed as the Chief Justice of the Democratic Socialist Republic of Sri Lanka in January 2015 and held office until March 2017. During this period he functioned as the Chairman of the Judicial Services Commission of Sri Lanka, Chairman of the Incorporated Council of Legal Education, Chairman of the Sri Lanka Judges’ Institute and Chairman of the Superior Court Complex Board of Management.

Mr Sripavan was enrolled as an Attorney-at-Law of the Supreme Court of Sri Lanka in 1977. He obtained a Diploma in Industrial Law from the University of Colombo in 1992 and Master of Laws from the University of London in 1994.

He functioned as the Head of the Court of Appeal Unit in the Attorney General’s Department and handled a large volume of work both in the Court of Appeal and in the Supreme Court including Bills and Fundamental Rights Applications. Prior to the elevation to the Court of Appeal Bench he functioned as a Legal Consultant for the National Savings Bank for two years.

He was appointed a Judge of the Court of Appeal in May 2002 and was elevated to the post of President of the Court of Appeal in March 2007 by his Excellency the President. In March 2008 he was elevated to the Supreme Court Bench.