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DotCom Youth Savings
Account

Savings account for the
youth of today

Our DotCom Youth Savings Account is the coolest most up-to-date way of introducing the habit of saving to your 6 to 18 year olds.

 

The Essentials

  • Ideal for children aged between 6 to 18 years of age.

  • Encourages them to save while they are young

  • Builds independence and financial discipline

 

Benefits of DotCom Account

*  Free Passport Endorsment.

*  No service charge will be applicable for the DotCom account.

*  e-Passbook service will be issued free of charges.

*  Interest rate will be 0.5% higher than the prevailing rate applicable for monthly interest savings account of the bank.

*  Debit card will be issued free of charges for the children above 12 years of age.

 

Account opening process

To open a DotCom account you will need the following items.

a.  Two (2) recent passport size photographs of the student/ minor duly attested by the parents/ legal guardian.

b.  Copy od passport/ Birth registration certificate of the student/ minor.

c.  Student ID/ Certificate from the school authority/ Receipt od last paid tution fees.

d.  Two (2) recent passport size photographs of the parents/ legal guardians.

e.  Copy of NID/ Passport/ Birth registration certificate of the parents/ legal guardian.
     (In case of Birth Registration Certificate, a copy of any photo identitiy of the parent/ legal guardian to be provided.)

f.   Introduction of the parents/ legal guardian.

g.  Complete Nominee form.

 

Withdrawals

Withdrawals is limited to maximum od BDT 5000.00 per month. Interest will not be paid if total withdrawls exceed BDT 5000.00 per month. Withdrawls can be made only through debit card or using point of sale (POS). SMS alert to be sent to the guardian's mobile number against each transaction.

Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time.
Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.

Interest Rates

Interest Rate ( p.a.) Annual Percentage Rate
DotCom (Teen Saver) Accounts 789789789 1.750456456 0456456

Open an account

Who can open accounts

  • You can open accounts for children within the age of 6 years to 18 years 
  • Parents or the guardian of a child can open an account for the child

 

What you need to bring

  • Child’s national identity card, postal identity card or a photograph certified by the school principal
  • DotCom Accounts can be opened with a minimum deposit of Rs 1,000/-

How to apply

Download application form and submit the filled form to any Commercial Bank branch