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New Born’s Deposit Account

New Born’s Deposit Account

The New Born’s Deposit Account is for parents who wish to save for their child’s future.

Open an account

Open an account with a deposit of BDT 1,000.

Earn interest

You can start earning interest on your account with a minimum balance of BDT 5,000. The interest is calculated on a monthly balance.

Special features

Get insurance coverage for your child and enjoy auto installment transfer facility to DPS account. You can also get flexibility to choose the installment date.

Overview

Expand the boxes below to find out more information regarding New Born’s Deposit Account.

  • Eligibility

    • Age: From the day of birth till the child turns 6 years old
    • Nationality: Bangladesh

  • Features

    • Account opening: BDT 1,000
    • Minimum balance for interest earning: BDT 5,000
    • Interest calculation frequency: Monthly
    • Interest payment: Half yearly
    • Regular Account Statement provided for free. E-statement available
    • Citytouch Digital Banking, Call Center Service and SMS alerts
    • Interest rate: 2.50% per annum

  • Special Features


    • Insurance coverage
    • Auto installment transfer facility to DPS account
    • Flexibility to choose installment date

How To Apply

New Born’s Deposit Account_how_to_apply

Are you interested in opening an account?

Please feel free to visit us at your nearest City Bank branch or call our 24/7 dedicated customer service center.

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