Child Eduplan

MEGHNA Child EduPlan (MCE) is a special savings plan that allows you to save on monthly installment basis in order to secure your child’s future education expense.

500/=

Monthly

500/=

Two copies of recent Passport size photograph of the Account Holder(s) duly attested by the Introducer or Official of the Bank.
Recent Passport size photograph of the Nominee(s) attested by the Account Holder(s).
Personal Identification document of Account Holder(s) & Nominee(s):
Photocopy of valid Passport or Photocopy of National ID or Photocopy of valid Driving License or Nationality Certificate issued by Municipal/City Corporation Ward Commissioner or Union Porishad Chairman.

MCE can be opened in child’s name with any one of the natural parents as joint applicant & the other as nominee. Any person other than natural parents can also be a nominee.
Minimum Monthly Deposit size to open a MCE Account is BDT 500/=
You have the option of depositing any amount in multiples of BDT 500/oo subject to maximum of BDT 20,000/=
MCE can be opened for periods ranging from 3-10 years.
Easy mode of monthly deposits – through standing instruction from an existing account or through direct cash deposit or by account to account transfer through internet banking.
EMI can be deposited on any day of the month.
Nomination facility is mandatory.
Can avail loan up to 90% of deposited Principal amount after 12 months of regular operation of MCE Account.
Premature closure is possible (conditions apply).