In this paper, we analyzed the performance of SDR-based dual-band CDMA system in wideband multipath channel employing RAKE receiver with MRC diversity. For the simulation of SDR-based dual-band CDMA system, we used digital IF techniques, polyphase analysis filter bank as channelizer. Also, Remez exchange algorithm is employed in the realization of the digital filter in the polyphase analysis filter bank. For performance analysis of dual-band CDMA system, we consider power loss of IF signal after passing through channel and the filter. Also, the performance for different sampling rates is analyzed.