Mudarabah Short Notice Deposit (MSND) Account

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Mudarabah Short Notice Deposit (MSND) Account

Mudarabah Short Notice Deposit (MSND) Account bears the combined character of Al-Wadeeah Current Account and Al-Mudarabah Savings Account. MSND account holder gets profit in this account and enjoys drawing facility. MSND account serves the purposes of those firms or individuals have handsome fund at the same time needs frequent deposit and withdrawal facility.

Key Features

  • Institution and individual are eligible to open this account
  • Minimum opening balance is Tk. 5,000/- while Tk. 5,000/- required to keep the account running
  • Profit is allowed
  • Depositor enjoys right to draw any amount on demand

Privilege of the Customer

  • Cheque book facility
  • Pay Order, T.T, D.D facility
  • Fund transfer facility from Islami banking Branch to any other branches
  • Cost free half-yearly and yearly account statement and balance confirmation certificate
  • Locker service facility

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