Bai – Murabaha Micro Investment
Bai-Murabaha Micro Investment :
These are repayable within 12 months in the form of daily installments with profit. If a small trader takes the above Investment amount of Taka 10,000.00 and invest it in his/her business, he/she will be require to repay daily Taka 100.00 / 80.00/ 60.00/ 50.00/ 40.00 (which he/she prefers) out of the profit of his/her sale proceeds. This repayment will be collected by the Bank’s Personnel directly from his/her trading place/door step. In this process, the entire investment is repaid in 132 days through 107 installments/ 168 days through 136 installments/ 232 days through 188 installments/ 286 days through 232 installments/ 373 days through 303 installments/. The advantages are that it is not required to repay the entire investment at a time. As a process, the Investor does not face any difficulty to repay the investment and thus investment becomes his/her own investment. In this connection a number of members of small traders of our society are being benefited through this investment process.
Terms and conditions:
-Small traders, dependent on profit of daily sales, may have the opportunity of Bai-Murabaha Micro Investment.
-Any Bangladeshi citizen living in the jurisdiction of any branch of DMCBL for at best 03 years may avail of Bank’s Investment.
- For get the investment facility any persons first time to become a member of DMCBL. To become a member of DMCBL initially he/she will pay Tk.250.00 as a membership fee and buy share Tk. 100.00 per share
-The person who wants to get the Investment facility from Bank open a Mudaraba Savings Account with us and minimum deposit of Tk. 50.00 on daily basis for a period of 30 days in his account.
-He/she also open a Mudaraba MSP Account for a period of 5 or 10 years and to deposit on monthly basis.
-At the time of investment the Investee deposit 10% amount of the investment amount in his/her Savings Account as Lien.
-10% money against loan amount must be deposited in his saving account as lien.
- Evert time when Investee takes the facility of investment he/she will pay Tk.50.00 for loan form and Tk.50.00 for creation of charge documents. Stamp charges for other documents also bear by the Investeevery time when receiving the loan the loanee must pay Tk.50 for loan form and Tk.50 for charge document. Stamp expenses for other documents will also be borne by the loanee.
Installments and Limits of Bai-Murabaha Micro Investment :
|
Investment limit
|
Amount of Installment
|
No. of Installments
|
Duration (days) |
| Any amount |
1%
of principal amount |
107
|
132
|
| TK. 50,000 and above |
0.8%
of principal amount |
136
|
168
|
| TK. 75,000 and above |
0.7%
of principal amount |
158
|
194
|
|
TK. 1,00,000 and above
|
0.6%
of principal amount |
188
|
232
|
| TK. 3,00,000 and above |
0.5%
of principal amount |
232
|
286
|
| TK. 4,00,000 and above |
0.45%
of principal amount |
263
|
324
|
| TK. 5,00,000 and above |
0.4%
of principal amount |
303
|
373
|
| TK. 5,00,000 and above |
0.35%
of principal amount |
358
|
442
|
| TK. 10,00,000 and above |
0.3%
of principal amount |
437
|
538
|
| TK. 10,00,000 and above |
0.25%
of principal amount |
562
|
693
|
| TK. 10,00,000 and above |
0.20%
of principal amount |
786
|
970
|
