Mudaraba Pension Scheme is a special type of deposit scheme which fulfills the purpose of building a capital sum to provide retirement benefits.

Key Features:
 

  • Mudaraba Pension Scheme is a special type of deposit scheme which fulfills the purpose of building a capital sum to provide retirement benefits.
  • One Person can open more than one Mudaraba Pension Scheme.
  • Bank Accepts & Supports Standing Instruction.
  • Can receive full payment after maturity or option for a pension on monthly basis.
  • Source Tax & Excise Duty to be deducted as per Government Rule.

 

Details of Scheme:

Monthly Installments
Maturity after 06 years
**Monthly payable on maturity next 05 years
Profit Rate

1,000/-

89,095/-

520/-

7.00% p.a.*

(time to time to be changed)

2,000/-

1,78,185/-

1,040/-

3,000/-

2,67,280/-

1,560/-

4,000/-

3,56,375/-

2,075/-

5,000/-

4,45,470/-

2,595/-

10,000/-

8,90,940/-

5,195/-

*Provisional Rate

**Monthly payable amount after maturity of 06 years will be applicable @ MMPS rate on that time.

 

  • Lucrative pre mature encashment benefit is offered.

 

Required Documents:

  • 1 copy photograph of Client.
  • 1 copy photograph of nominee duly attested by Client.
  • Identification proof like NID/Passport/Birth Certificate of Client.
  • Identification proof like NID/Passport/Birth Certificate of Nominee.
  • TIN Certificate of Client (if any).
  • Documents/Information related with sources of fund (if any)