Mudaraba Savings Deposit Account
Mudaraba savings account is opened in Exam Bank under the Mudaraba principal of Islami Shariah which is mainly meant for Non-Trading customers who have some potential saving with small number of transactions taking place. More than one person can open and operate a Mudaraba savings account. A guardian on behalf of a minor can open a Mudaraba Savings A/C. In which case a declaration stating the date of birth of the minor should be obtained from the guardian. OD is not allowed for SB account. The account provides expected half-yearly provisional profit.Main Features
- Attractive provisional rate of profit.
- Minimum initial deposit is BDT 1,000.00.
- Half-Yearly account statement.
- Debit card facility with limited withdrawal.
- Free ATM Cash withdrawal from all ATM of EXIM Bank.
- SMS Banking for statement/Balance checking.
- Salary crediting facility.
- Cheque book facility.
- Fund transfer facility.
- Profit will be calculated on monthly basis.
Required Documents
- Completed account opening form duly signed by account holder.
- 2 Copies passport size photographs of every operators duly attested by introducer.
- Photographs of National ID Card/ Passport/ Chairman certificates.
- Introducer signature.
- Passport size photographs and signature of Nominee.
Deposit Rates
Provisional Profit Rate is 4.00%.
Terms and conditions
- Account will be operated as per Mudaraba principals.
- At least 65% of investment income will be distributed among the Mudaraba Depositors as per weightage allocated for each accounts.
- Mudaraba Savings Deposit will bear 0.75 weightage.
More EXIM Bank Accounts
About Export Import Bank of Bangladesh PLC
EXIM Bank offers a comprehensive range of services designed to facilitate international trade and enhance economic growth. Its primary offerings include export and import financing, pre-shipment and post-shipment loans, and trade-related guarantees and insurance. The bank also provides working capital to exporters through its Export Credit Scheme, helping them manage cash flow and fulfill international orders. Additionally, the Bank engages in capacity building by offering training programs for businesses, equipping them with essential skills for navigating global markets. Overall, these services support Bangladeshi enterprises in expanding their reach and competitiveness in the international arena.
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