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Mudaraba savings account is opened under the Mudaraba principal of Islami Shariah, where the clients are the Shaheb-Al Mal (owner) and the Bank is Mudarib. Mudaraba Saving's accounts are mainly meant for Non-Trading customers who have some potential saving with small number of transactions taking place. More than one person can open and operate a Mudaraba savings account. A guardian on behalf of a minor can open a Mudaraba Savings Account. In which case a declaration stating the date of birth of the minor should be obtained from the guardian.
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Key Features: |
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Any adult having sound mind can open this account in his/her name singly or jointly with others. Any proprietorship/partnership firm, limited company (private/public), educational institution, club, association, socio-economic organization can also open this account |
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Account opening balance is TK. 500 only.
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Half Yearly Account maintenance fees: TK. 300 only + 15% VAT |
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ATM Card / Debit Service (Yearly Fees: TK. 400 only + 15% VAT) |
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Bank pays attractive profit. |
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Personalized MICR Cheque Book is available |
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Nominal service charge |
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Any Branch banking facility |
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Bank accepts and supports Standing Instructions. |
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Who can apply |
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Any Bangladeshi citizen, 18 years or over |
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A minor operated by a legal guardian may also open the account |
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Required Documents |
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1 or 2 copy Photograph of applicant. |
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1 copy photograph of nominee duly attested by Applicant |
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NID/Passport/Any other valid photo identify of applicant |
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NID/Passport/Any other Valid photo identify of nominee (if any) |
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TIN Certificate of applicant ( if any ) |
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Documents Related with sources of fund ( if any) |
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Documents Related with sources of fund ( if any) |
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Profit Rate of all Deposit Products: |
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