The New Born’s Deposit Account is for parents who wish to save for their child’s future.
New Born’s Deposit Account
Features
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
Features
Eligibility
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: 1.75% per annum
Age: From the day of birth till the child turns 6 years old
Nationality: Bangladesh
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.