Key Features:

• Mudaraba Short Notice Deposit (MSND) is one kind of deposit account where depositor under MSND shall get the specific share of minimum 65% of the distributable Investment income.
• Profit shall be calculated on daily basis balance of deposit but applied twice in a year i.e. June and December.
• 7 Seven days Prior notice is mandatory for withdrawing any amount from MSND A/C or else profit will be applicable on minimum balance for the month.
• Minimum initial deposit is Tk.5,000/-
• Cheque Book Facility.
• Bank accepts and supports Standing Instructions.