Mudaraba Monthly Deposit Scheme is a special type of fixed deposit account which provides the client with monthly profit.

Key Features:
 

  • Mudaraba Monthly Deposit Scheme is a special type of fixed deposit account which provides the client with monthly profit.
  • One Person can open more than one Mudaraba Monthly Deposit Scheme.
  • Maturity Tenures of 3, 5, 8, 10 years.
  • Bank Accepts & Supports Standing Instruction.
  • Source Tax & Excise Duty to be deducted as per Government Rule.

 

Details of Scheme:
Monthly Installments
Maturity after 03 years
Maturity after 05 years
Maturity after 08 years
Maturity after 10 years
Profit Rate

500/-

20,020/-

35,810/-

63,890/-

86,040/-

7.00% p.a.*

(time to time to be changed)

1,000/-

40,040/-

71,625/-

1,27,785/-

1,72,080/-

2,000/-

80,080/-

1,43,250/-

2,55,570/-

3,44,165/-

2,500/-

1,00,100/-

1,79,060/-

3,19,465/-

4,30,210/-

5,000/-

2,00,205/-

3,58,125/-

6,38,930/-

8,60,415/-

# Multiple of 500; highest 25,000 Monthly installment

*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).
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