“Household Durables & others Scheme” (HDOS) is Shariah compliant investment product designed to offer investment facility to the different segment of peoples to meet their different household & other requirements.
This scheme is designed on the Hire Purchase under Shirkatul Melk (HPSM) concept of Islamic Banking.
- Customer Segment:
- Employees of listed multinational, corporate & UN bodies, Bank / Financial Institutions, educational institution, NGO & Government Officials.
- Self employed (Land Lord), professionals and Businessman maintaining A/c with other bank.
- Age Limit: Minimum 25 years and Maximum 65 years
- Maximum Investment Size:
- Tk. 0.50 million for Household Durables like Fridge, TV, Furniture & Fixure, Washing Machine, Air Cooler and IPS
- Tk. 2.00 million for others like Generator (up to 50 KVA), Passenger List, Solar System.
- Equity Participation:
- Bank 30%, Client 70% for Household Durables item.
- Bank 70%, Client 30% for Others item like Generator, passenger Lift & Solar System.
- Tenor: Minimum 12 months>6 months
- Household durables like: Fridge, TV Furniture & Fixture, Washing machine, Air Cooler & IPS.ike: Generator (up to 50 KVA), Passenger lift, Solar System.