The product is designed especially for the farmers of Bangladesh under the Mudaraba principles of Islamic Shariah. On behalf of depositors, the Bank invests their deposited money and distributes investment-income earned from the Mudaraba funds. Provisional profit is paid half yearly and final profit rate is adjusted at the year end.
Provisional Profit rate: 4.00% p.a.
Only Farmers can open the account.
- Identification proof like National ID/Passport/Ward commissioner certificate/Union Parishad Chairman Certificate etc. of A/C holder and Nominee.
- 03 passport size photographs of each Signatory duly attested by the introducer and Passport size photograph of nominee duly attested by the A/C holder.
- Proof of Source of income.
- Introduction of the account