- Individual can operate this account.
- One time Deposit start from 50,000/- or it’s multiple.
- Tenure: 1, 2 & 3 Years.
- Profit paid on monthly basis.
- Applicant have to maintain savings account and profit will be transferred automatically to savings account in monthly.
- Attractive profit rate.
- Scheme will not be auto renewal. Applicant have to apply for renewal before the maturity.
- In case of early encashment, Profit calculation will be as below;
– Closed Before One Month – Only principal amount will be paid.
– Closed After one Month but before one year – Profit will be provided at Mudarabah Savings Rate.
– Closed after one year but before two years account holder will received 1 % additional with Mudarabah Savings Rate.
– Closed after two years but before maturity account holder will received 2 % additional with Mudarabah Savings Rate.
- For 1 year Tenure:
- Approximately TK. 710/- profit per month against TK. 1,00,000/- deposit.
- For 2 years Tenure:
- Approximately TK. 730/- profit per month against TK. 1,00,000/- deposit.
- For 3 years Tenure:
- Approximately TK. 760/- profit per month against TK. 1,00,000/- deposit.
- Maturity Amount are here is subject to income tax and/or other levies.
Documents needed for availing the service:
- One copy passport size photograph of the applicant.
- One copy passport size photograph of the nominee (photograph to be attested by the applicant).
- Photocopies of National ID/Passport of both applicant and nominee.
- TIN Certificate (if applicable).
- Minimum Age: 18 years.
- Citizen of Bangladesh.
For details, please visit your nearest branch of FSIB.