Mudarabah Probable Money Multiplier Scheme
Mudarabah Probable Money Multiplier Scheme will make your money double/triple etc. on maturity. Who those are interested to draw a good amount on maturity this account is for them.
Salient Features:
- After end of the tenure principal amount may be 1.5/2/2.5/3 times higher including profit./-
- Minimum deposit: Tk. 1,00,000/- and above.
- Tenure: For short period size of installment is big and for long period installment size is comparatively small.
- On maturity total amount including profit may be withdrawn.
- Higher Weightage is applied.
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.