EBL Junior Savings Account Highest interest rate

This account is only for Children but it will be operated by the parents until his/her maturity (18 Years).

Now you can guide your children save and spend their money judiciously. With EBL Junior Savings Account, you can even directly deposit the pocket money into your child’s account. The best part of it is you can still maintain complete control over the account while your child enjoys the benefits of banking. Simple, isn’t it?

Highest interest rate

Interest will be calculated on daily balance

Local VISA debit card facilities

Cheque Book Facilities

Free Local VISA/ Master debit card for child

Free ATM cash withdrawal facilities at all EBL ATM’s

Free internet banking facilities

No minimum balance fee

No account maintenance fee

Minimum Initial deposit amount is only BDT 100/=

Any Bangladeshi school going children aged below 18 years will be eligible to open EBL Junior Savings Account

Children can not open the account with anyone other than his/her parents

Minimum balance for interest accrual BDT 10,000/=

Photocopy of School ID or Certificate from school or Payment slip of latest tuition fees.

Photocopy of Birth certificate (Student).

One copy passport size photograph of the nominee (photograph to be attested by the applicant)

Copy of recent utility bill (Gas, Electricity, Wasa, Telephone) as a proof of mailing address

Photocopy of Parents National ID/Passport

Two copies passport size photograph of the student

One copy passport size photograph of parent.

Complementary Insurance Coverage – EBL Junior Account holder will be entitled for the following coverage:

– Loss of Life of the paying parents due to accident – BDT5,000 per month for 60 months for the Tuition Protection of the child.

– Permanent Total Disability (PTD) of the paying parents due to accident – BDT5,000 per month for 60 months for the Tuition Protection of the child. *

Availing and maintaining EBL Debit Card tagged with the Account

Meeting Age Criteria for the insurance

Properly filled up and signed “Good Health Declaration” form provided by the branch