Mudaraba Savings Deposit

Any person can open this account. To open this account, Initial/Minimum deposit is Taka 200.00 only.
Rate of profit is 8.5%
Profit is payable on the basis of monthly minimum balance, twice in a year i.e. 30th June and 30th December subject to the following conditions:

- The amount of profit is payable minimum of Taka 10.00.
- The amount is not withdrawn more than twice in a week.
- Not withdrawn more than 1/4th of the balance or more than Taka 25,000.00 at a time (whichever is lower).
- Profit is payable on the balance if 7 days prior notice is served in case of (c) above.

Account closing charge is Taka 25.00 only.