Islami Bank Mudaraba Term Deposit Account
Key Product Features
| Interest Rate | 7.00% | 6.80% | 6.60% | 6.50% | 6.30% | 5.00% |
|---|---|---|---|---|---|---|
| Tenure | 3 years | 2 years | 1 year | 6 months | 3 months | 1 month |
| Interest Rate Additional Info | The profit rate may vary on Bank's profit and loss. | |||||
| Compounding | Yearly | |||||
| Double/Triple Deposit? | N/A | |||||
| Islamic/Conventional? | Islamic | |||||
| Min. Amount | 10000 BDT | |||||
| Max. Amount | N/A |
Fees and Charges
| Monthly Interest Before Tax | N/A |
|---|---|
| Excise Duty | N/A |
| Bank Charge | N/A |
| VAT | 15% |
Eligibility
Eligibility
#Must be a Bangladeshi citizen. #Must be at least 18 years old.
Documents
#Complete account opening form #2 Passport size photo of the account holder.(Attested by introducer) #1 Passport size photo of the nominee. (Attested by account holder) #Identification proof like NID / Passport/ Chairman Certificate.
#Must be a Bangladeshi citizen. #Must be at least 18 years old.
Documents
#Complete account opening form #2 Passport size photo of the account holder.(Attested by introducer) #1 Passport size photo of the nominee. (Attested by account holder) #Identification proof like NID / Passport/ Chairman Certificate.
Other Information
Features & Benefits
Based on Mudaraba concept Mudaraba Term Deposit Account (MTDA) is a profit bearing account which offers returns by depositing money for fixed period of time.
Based on Mudaraba concept Mudaraba Term Deposit Account (MTDA) is a profit bearing account which offers returns by depositing money for fixed period of time.