Provident Fund Account
Features & Benefits
• Based on Mudarabah savings system for salaried employees.
• Provident Fund Account (Individual and organization)
• Profit paid half-yearly (as per Mudaraba rate, adjusted yearly).
• No opening balance, no minimum balance, no maintenance fee (zero-cost account).
How to Open a Bank Account
Opening a new bank account with Trust Bank Islamic is simple. Follow these steps:
01: ELIGIBILITY
• Salaried employees of established corporate houses
• Minimum age: 18 years
• TIB Payroll” Customers only
02: DOCUMENTARY REQUIREMENTS
- Forwarding letter from employer (company letterhead, authorized signatory)
- Standard Mudaraba Account Opening Form
- Necessary KYC documents as per bank policy
- Employee verification
- Copy of National ID/Passport/Proof of Citizenship etc. of A/C Holder and Nominee.
- 03 passport size photographs of each Signatory duly attested by the introducer.
- 01 passport size photograph of nominee duly attested by the account holder.
- Source of income document (Employee ID card for individual).
- Tin certificate