This product is designed under Mudaraba principles of Islamic Shariah. The Depositors will deposit a fixed amount at the beginning and expected to get a double amount at the maturity before tax and other charges.
Expected duration to double: 12 years
Minimum amount to open account: BDT 10,000.00
Provisional Profit rate: 6.00% p.a.
Any Person (individual/joint) is eligible to open MMDS account.
- Copy of National ID Card/Passport/Chairman certificate for A/C Holder and Nominee.
- 03 Passport size photographs of account holder duly attested by introducer
- 1 photograph of nominee duly attested by the account holder