Current Account

Designed for your day-to-day use, our Current Account is a convenient and simple product with banking solutions that allow you to manage your daily finances swiftly. Your account statements are always at your fingertips, with the option to quickly get printed copies on request. With our Internet Banking service. Managing your account has never been easier than with our Internet Banking service. 

  • Detailed transactions on internet and mobile banking

  • Joint Account option to operate account jointly

  • Low initial deposit of MVR 2,500 or USD 250

  • Hassle-free application process. Now online!

  • Cheque book facility with automated clearing

  • Amana Takaful Family Support Cover for a low annual fee of MVR 265/-, exclusive for MIB account holder

  • Applicant should be above 18 years old

  • Completely Filled Account Opening & information update Application Form

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

Apply online to open your account

Apply Now

Frequently Asked Questions

We operate both MVR and USD accounts.

Yes you will be charged as per the List of Bank Charges.

An account where there is no transaction created by the customer for a period of more than 5 years.

Yes, you can open both USD and MVR investment accounts accounts

You can send a request to withdraw. Please note that based on the terms and conditions of GIA you maybe foregoing all profits by withdrawing before the maturity date. Please inquire within to find out how this affects your Investment Account.

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