Mudaraba Seniors Deposit Account
'Mudaraba Seniors Deposit Account' is a savings account designed for the Senior Citizens under Mudaraba Principal of Islamic Shariah. The life expectancy of the people of Bangladesh has reached to 72 years as per UN World Population Prospects 2019. After a long, busy life spent for career, family and the society. the senior citizen deserves some priority at the end part of the life. They expect smooth financial services with handsome earning for their savings. To meet their expectation and to make financial transaction easier & beneficial for them, Trust Islamic Banking (TIB) has designed the product.
Features & Benefits
• Opening Balance: BDT 1,000
• Minimum Balance: BDT 500
• Profit calculated on monthly average balance & Paid monthly
• Weightage: 0.65 (subject to change)
• Free first cheque book
• Free debit card (customized for seniors)
• Free internet & SMS banking
• Free account statements & tax certificates
• Priority/privileged service at branches
• Can open MTDR- Senior and MMPS- Seniors account
How to Open a Bank Account
Opening a new bank account with Trust Bank Islamic is simple. Follow these steps:
01: ELIGIBILITY
- Bangladeshi citizens
- Age 60 years and above
- Can be opened: Individually and Jointly (first applicant must be 60+)
02: DOCUMENTARY REQUIREMENTS
- 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
- Trade License, Partnership deed, Certificate of Incorporation, Articles and Memorandum of Association, Board Resolution, Form-XII, Personal Information of Directors, TIN Certificate of directors.
- Introduction of the account.