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Mudaraba Savings Account (MSD):
 
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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.

 
 
         
  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.
   
 
     
 
Who can apply
     
 
Any Bangladeshi citizen, 18 years or over    
 
     
 
A minor operated by a legal guardian may also open the account    
 
     
 
Required Documents
     
 
1 or 2 copy Photograph of applicant.    
 
     
 
1 copy photograph of nominee duly attested by Applicant    
 
     
 
NID/Passport/Any other valid photo identify of applicant    
 
     
 
NID/Passport/Any other Valid photo identify of nominee (if any)    
 
     
 
TIN Certificate of applicant ( if any )    
 
     
 
Documents Related with sources of fund ( if any)    
 
Documents Related with sources of fund ( if any)    
 
     
 
Profit Rate of all Deposit Products:
   
 
     
 
     
 
     
 
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