Mudaraba Double Benefit Deposit Scheme (MDBDS) is a special type of fixed deposit account where initial deposited will be double after a certain period of time.
Key Features:
- Mudaraba Double Benefit Deposit Scheme (MDBDS) is a special type of fixed deposit account where initial deposited will be double after a certain period of time.
- Deposited amount will be double in 10 years 03 Months.
- One Person can open more than one MDBDS Account.
- Investment Facility can be availed.
- Source Tax & Excise Duty to be deducted as per Government Rule.
Details of MDBDS Scheme: |
|
Tenure |
Profit Rate |
|
10 years 03 Months |
7.00% p.a.* (time to time to be changed) |
|
*Provisional Rate |
|
- Lucrative pre mature encashment benefit is offered.
Required Documents:
- 1 copy photograph of Client.
- 1 copy photograph of nominee duly attested by Client.
- Identification proof like NID/Passport/Birth Certificate of Client.
- Identification proof like NID/Passport/Birth Certificate of Nominee.
- TIN Certificate of Client (if any).
- Documents/Information related with sources of fund (if any)
