Mudaraba No Frill Account

Eligibility

Farmers account is offering low cost financial services to the farmers. It is a sub product of Mudaraba Savings deposit account which help to grow up savings habit among farmers and to increase Financial Inclusion of the country bringing the farmers under the banking arena. Profit sharing and loss bearing of this account is shared based on Mudaraba principle of Islamic Shariah

Feature Of MFSDA

  •   The Bank will utilize all such deposits as the Bank may deem appropriate in approved Shariah compliant modes of investments.
  •   The Bank pays profit/loss according to Mudaraba Principle on the account as per Bank policy and acts as the Mudarib as well as custodian of money.
  •   Minimum account opening and retention balance is Tk.10.00
  •   One MICR Cheque book (@ 10 Leaves) Free annually (Cheque Book not mandatory)
  •   Transaction can be done through voucher too
  •   Free SMS, Internet Banking for statement/Balance checking
  •   Debit Card Issuance Charges- 1st year free
  •   The account shall not be allowed for overdrawn.
  •   Inter-branch transaction

Eglibility

  •   Any Bangladeshi citizen with minimum age limit 18 years or above
  •   Any person being farmer by profession
  •   Any Male/Female individual can open the account solely or jointly, but he/she must be farmers. An account in the name of an illiterate person can also be opened which is to be operated by the Account Holder's thumb impression. For each and every transaction of the Account the illiterate Account Holder has to present himself/herself before the concerned Branch officials

Required Documents

Mandatory

  •   Account opening form duly fill up and signed by the Account holder
  •   Duly fill up and signed of Specimen Signature Card
  •   Two copies recent passport size photographs of applicant
  •   Photocopy of National ID Card / valid Passport / Birth Certificate of applicant
  •   Agricultural ID card / certificate / supporting document regarding proof of Farmers


Additional

  •   One copy of nominee’s recent passport size photograph (signature attested by the applicant)
  •   Photocopy of National ID Card / valid Passport / Birth Certificate of Nominee
  •   Utility copy for proof of address
  •   Tax Certificate (TIN)
  •   Introducer Information (if required)

Mudaraba Garments Employee account offers safe & secured cash maintenance for the garments workers. It aims at growing saving attitudes among them and ensuring greater financial inclusion. It is a sub product of Mudaraba Savings deposit account which help to grow up savings habit among garments employee and to increase Financial Inclusion of the country bringing the garments employee under the banking arena. Profit sharing and loss bearing of this account is shared based on Mudaraba principle of Islamic Shariah

Feature Of MGEDA

  •   The Bank will utilize all such deposits as the Bank may deem appropriate in approved Shariah compliant modes of investments.
  •   The Bank pays profit/loss according to Mudaraba Principle on the account as per Bank policy and acts as the Mudarib as well as custodian of money.
  •   Minimum account opening balance is Tk.100.00
  •   Minimum Retention balance is NIL
  •   One MICR Cheque book (@ 10 Leaves) Free annually
  •   Transaction can be done through voucher too
  •   Free SMS, Internet Banking for statement/Balance checking
  •   Debit Card Issuance Charges- 1st year free
  •   The account shall not be allowed for overdrawn.
  •   Inter-branch transaction

Eglibility

  •   Any Bangladeshi citizen with minimum age limit 18 years or above
  •   Any person being leather employee by profession
  •   Any Male/Female individual can open the account solely or jointly, but he/she must be leather employee.

Required Documents

Mandatory

  •   Account opening form duly fill up and signed by the Account holder
  •   Duly fill up and signed of Specimen Signature Card
  •   Two copies recent passport size photographs of applicant
  •   Photocopy of National ID Card / valid Passport / Birth Certificate of applicant
  •   ID Card provided by employer of applicant


Additional

  •   One copy of nominee's recent passport size photograph (signature attested by the applicant)
  •   Photocopy of National ID Card / valid Passport / Birth Certificate of Nominee
  •   Utility copy for proof of address
  •   Tax Certificate (TIN)
  •   Introducer Information (if required)

Mudaraba leather saving account offers safe & secured cash maintenance for the people working in Footwear & Leather Products Manufacturing Industries. It aims at growing saving attitudes among them and ensuring greater financial inclusion. It is a sub product of Mudaraba Savings deposit account which help to grow up savings habit among leather employee and to increase Financial Inclusion of the country bringing the leather employee under the banking arena. Profit sharing and loss bearing of this account is shared based on Mudaraba principle of Islamic Shariah

Feature Of MLSDA

  •   The Bank will utilize all such deposits as the Bank may deem appropriate in approved Shariah compliant modes of investments.
  •   The Bank pays profit/loss according to Mudaraba Principle on the account as per Bank policy and acts as the Mudarib as well as custodian of money.
  •   Minimum account opening balance is Tk.100.00
  •   Minimum Retention balance is NIL
  •   One MICR Cheque book (@ 10 Leaves) Free annually
  •   Transaction can be done through voucher too
  •   Free SMS, Internet Banking for statement/Balance checking
  •   Debit Card Issuance Charges- 1st year free
  •   The account shall not be allowed for overdrawn.
  •   Inter-branch transaction

Eglibility

  •   Any Bangladeshi citizen with minimum age limit 18 years or above
  •   Any person being leather employee by profession
  •   Any Male/Female individual can open the account solely or jointly, but he/she must be leather employee.

Required Documents

Mandatory

  •   Account opening form duly fill up and signed by the Account holder
  •   Duly fill up and signed of Specimen Signature Card
  •   Two copies recent passport size photographs of applicant
  •   Photocopy of National ID Card / valid Passport / Birth Certificate of applicant
  •   ID Card provided by employer of applicant


Additional

  •   One copy of nominee’s recent passport size photograph (signature attested by the applicant)
  •   Photocopy of National ID Card / valid Passport / Birth Certificate of Nominee
  •   Utility copy for proof of address
  •   Tax Certificate (TIN)
  •   Introducer Information (if required)