Mudarabah Term Deposit Corporate (MTDC)
Mudarabah Term Deposit Corporate Account may be a stair of financial strength in future. The depositor gets attractive profit in this account. If the balance amount is not withdrawn on maturity the account is renewed automatically.
Salient Features:
- Minimum deposit: Tk. 50,000/-
- Tenure: 3, 4, 5, 6, 9, 12, 13, 15, 25 & 36 months.
- Quard/Withdrawal facility maximum 90% of deposited amount.
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.