Help Center

General Investment Account

Grow your funds quickly with our Investment Accounts. Based on the Islamic Investment concept of Mudharabah (surplus sharing) this account will provide you with excellent returns for your investment, while having the opportunity to recall your funds when you need it.

Grow your Funds

With competitive rates, put your money to work for you.

Tenure

Chose the tenure that works for you. Be it 3 months or 3 years.

Reinvest

Opt to reinvest automatically when your placement matures.

  • Low initial deposit of MVR 5,000 or USD 500

  • Hassle-free application process. Now online!

  • Flexible Investment tenures from 3 months to 5 years

  • Automatic and manual reinvestment option

  • Detailed transactions history on internet and mobile banking

  • Children Account option to invest the funds in your child’s account

  • Exclusive profit sharing ratio

  • No early withdrawal fee/penalty

  • Must be above the age of 18.

  • Must have an active account at MIB.

  • Completely Filled Account Opening & information update Application Form

  • Original and copy of National Identity Card (Passport, Work Permit and Employment Letter; in case of expatriates)

Apply Online

ApplyNow

Related Downloads

Individual and Joint Account Information form - Individual (Fillable)
Individual and Joint Account Account opening form - Individual & Joint account (Fillable)
Individual and Joint Account Check list for individual account opening
Terms and Conditions Terms & Conditions for MIB accounts
All Downloads

Frequently Asked Questions

We publish the profit rates for each month at the beginning of the subsequent month. It is updated regularly on our website.

Simply submit an application through ApplyNow portal to open an investment account. The profit rates earned for each month are published in at the beginning of the subsequent month. You may refer to the List of Bank Charges to learn more about Profit Sharing Ratio offered to various accounts.

Parents or Guardians with the mandate to operate the account can request to add the associated account to their profile in FaisaNet. Please submit your request through ApplyNow Portal.

The authorised person will need to visit the branch in order to withdraw from a kids account. You will not be able to do any transactions online for kids account

You can simply download a statement for the desired period using FaisaNet.

You can follow the process below to fetch your statement.

Accounts > Select account number > Choose the preferred date (From- To) 

No. We encourage you to use our online banking service FaisaNet and FaisaMobile to monitor your account and take statements.

We provide cheque books to the holders of current accounts only. Please note that there is a fee charged as per the List of Bank Charges for issuance of cheque books.

The same account can be transferred to the child once the child is 18 years old. Please visit the nearest branch to complete the formalities.

  • Valid ID card of the Child

  • Valid ID card of the Parent/ Guardian who will operate the account

  • Birth Certificate will be required for Children who are above 10 years.

  • For children under guardianship official documents that show the guardianship is require

  • A valid ID card.

  • If you are unable to sign we require a recent passport picture.

  • MVR 1000 for MVR accounts

  • USD 100 for USD accounts

  • Funds that are sent before 12pm of a working day will usually be credited to your account in the afternoon of the same day.

  • Funds that are sent after 12pm will be credited to your account on the morning of the subsequent working day.

More FAQ
© Copyright 2023. Maldives Islamic Bank PLC.