Savings Account

Key features

	MVR Accounts	USD Accounts
Minimum Deposit & Balance	MVR 200	USD 50
Earn Interest	1.5% per annum	1.00%-1.25% per annum
Debit Cards	VISA Debit, American Express Debit & Mastercard	VISA Debit, American Express Debit & Mastercard
Cheque book Issuance Fee (per leaf)	MVR 5	USD 0.35

Note: If the number of debit transactions within a month exceeds 5, no interest is paid for that month. POS transactions will be excluded when counting the number of debit transactions. Interest is credited to Savings Accounts annually at the end of December.

VISA Debit Card for MVR accounts are available for Maldivians only. Expatriates can apply for VISA Debit Card for USD accounts

Please refer to our Schedule of Charges for full details on Interest calculations

Opening your account

If you are a new customer, book an appointment via our portal to visit Account Opening Centre. Or visit your nearest branch if you're outside Male'.

If you're registered for Internet Banking, log-in and open an additional account via the "Services" tab. If you're registered for Internet Banking, log-in and open an additional account via the "Services" tab.