Low initial deposit of MVR 2500 or USD 150
View detailed transactions and history on internet and mobile banking
Free Standing Instruction Facility from any MIB account
Attractive profit sharing ratio and semi-annual profit distribution
Structured Savings Plan and Quarterly Review
Profit Sharing Ratio is same for MVR & USD
Kaamiyaabu Kids Account
No dream is too big with our Kaamiyaabu Kids Account with special profit rate.
Kaamiyaabu Kids Account is a Shariah-compliant savings account specifically designed to help you grow your kids' savings for their future
Aim higher with special profit rates
Be laser focused on your saving goal
Account holder should be below 16 years old
Completely filled account opening & information update application form
Original and a copy of birth certificate (if the child is above 10 years old)
Original and a copy of National Identity card of the child
Original and a copy of National Identity card of Parent or Legal Guardian.
Frequently Asked Questions
We operate both MVR and USD accounts.
Yes you will be charged as per the List of Bank Charges.
An account where there is no transaction created by the customer for a period of more than 2 years.
Yes, you can open both USD and MVR investment accounts accounts
You can send a request to withdraw. Please note that based on the terms and conditions of GIA you maybe foregoing all profits by withdrawing before the maturity date. Please inquire within to find out how this affects your Investment Account.
We publish the profit rates for each month at the beginning of the subsequent month. It is updated regularly on our website.