Mudarabah Housing Deposit Scheme

Mudarabah Housing Deposit Scheme fulfils the dream to be a proud owner of a flat/house in the town. Monthly small deposit will become good amount after maturity.

Salient Features:

  • Monthly size of installment: Tk. 5,000/- and above
  • Tenure: 7, 10 & 12 years
  • On maturity depositors may be allowed investment upto 4 times of his/her deposit under HPSM mode.
  • Relevant rules of investment under Housing Investment will be applicable.

Required Documents to open the Account:

  • Photocopy of National ID/Passport or Birth Registration Certificate with any valid photo ID.
  • One copy of passport size recent photocopy of account holder duly attested by the introducer.
  • Photograph of the nominee(s), if any, duly attested by the account holder.
  • Account Opening Form duly filled in.
  • Any other document required by the institution from time to time.

Additional Documents:

For limited company:

  • Certified true copy of Memorandum & Articles of Association.
  • Registered Partnership Deed/duly Notarized Partnership Deed (in case of unregistered firm).
  • Minutes of the committee meetings for opening account with National Housing Finance PLC-Islamic Wing duly certified by the Secretary and Chairman of the firm.
  • Copy of laws and by laws duly attested by proper authority.
  • A copy of the resolution of the committee authorizing specific signatories to operate the account.
  • Certificate of Registration.

For Proprietorship concern:

  • Trade License.
  • e-TIN certificate.