Mib online application 2025

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2017 4.3 Satisfied (31 Votes)
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Initial deposit of MVR 500 and USD 30 across all accounts. A minimum balance of MVR100 and USD 10 must be maintained at 3 each account.
MIB is collaboration between Islamic Corporation for the Development of the Private Sector (ICD) which holds 75% share and the Government of Maldives represented by the Ministry of Finance and Treasury, owning the balance 25%.
Customers can use the FaisaMobile Mobile application from Apple AppStore or Google PlayStore and proceed with the self registration option. Enter the required details and submit to register.
This is a lump sum payment made to the landlord at the start of the lease, which is typically returned at the end of the lease term. The amount of the deposit can vary based on factors such as the city, type of property, location, and length of the lease. Generally, it can be anywhere from 6 to 18 months of rent.
In 2015, given the potential of Islamic Banking business, the bank proceeded to establish an independent but wholly owned subsidiary bank named MCB Islamic Bank Limited, referred to as MIB in short.
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Fully Digital Online Account Opening Login using efaas and choose Account Opening for New Customers. We also conduct Banking Day sessions at Large Companies and Government Offices and tourism resorts frequently. If you want to organise a session at your work place please reach out to deposits@mib.com.mv with details.
The card incurs an annual fee of MVR 200 or USD 13.33 and a joining fee of the same amount in both currencies.

mib account opening form