Trust Mudaapah Deposit Scheme (TMDS) is a mode of deposit under Mudaraba principles of Islamic Shariah. The client will deposit monthly installment as well as an initial amount. Theexpected maturity value will be double in 3 years and will be triple in 5 years.
- Minimum amount to open account: BDT 25,000
- Provisional Profit rate: 6.00% p.a.
Money Double in 3 years
|
Initial Deposit |
Monthly Inst. |
Total Dep. in 36 Inst. |
Total Deposit (initial plus inst. deposit) |
Approx. Maturity Amt. |
|---|---|---|---|---|
|
25,000 |
520 |
18,720 |
43,720 |
50,000 |
|
50,000 |
1,030 |
37,080 |
87,080 |
100,000 |
|
100,000 |
2,060 |
74,160 |
174,160 |
200,000 |
|
200,000 |
4,110 |
147,960 |
347,960 |
400,000 |
|
300,000 |
6,160 |
221,760 |
521,760 |
600,000 |
|
500,000 |
10,300 |
370,800 |
870,800 |
1,000,000 |
|
1,000,000 |
20,550 |
739,800 |
1,739,800 |
2,000,000 |
Money Double in 5 years
|
Initial Deposit |
Monthly Inst. |
Total Dep. in 60 Inst. |
Total Deposit (initial plus inst. deposit) |
Approx. Maturity Amt. |
|---|---|---|---|---|
|
25,000 |
600 |
36,000 |
61,000 |
75,000 |
|
50,000 |
1,200 |
72,000 |
122,000 |
150,000 |
|
100,000 |
2,380 |
142,800 |
242,800 |
300,000 |
|
200,000 |
4,760 |
286,800 |
486,800 |
600,000 |
|
300,000 |
7,150 |
429,000 |
729,000 |
900,000 |
|
500,000 |
11,900 |
714,000 |
1,214,000 |
1,500,000 |
|
1,000,000 |
23,800 |
1,428,000 |
2,428,000 |
3,000,000 |
Any Individual (singly/jointly) can open the account.
- Copy of National I.D. Card/Citizenship Certificate / Passport / other documents of A/C holder and Nominee.
- 02 Recent passport size photograph duly attested by the introducer and photograph of nominee(s) (attested by the account holder).
- Introduction of the account
- Certified document(s) for source of income
- TIN Certificate
