Mudaraba Savings Scheme
Mudaraba Savings account is not restricted to anyone. In particular to open this account, an initial minimum deposit of Taka 200.00 only. The profit rate is 6.0% and is payable bi-annually (June 30th and December 30th) based on the monthly minimum balance subject to the following conditions: - The profit payable will be at least Taka 10.00 not more than two withdrawals per week is allowed. - The withdrawn amount cannot cross Taka 25,000.00 or 1/4th of the balance (whichever is lower). - Profit is payable on the balance if a 7-day notice is given. The account closing charge is Taka 25.00 only.
* The profit rate has been shown provisionally, the final profit rate will be declared after annual accounting.