JBL has developed various deposit schemes on the basis of this Mudaraba principle for it`s Islami Banking branches such as:
Scheme Deposits:
-
Mudaraba Monthly Savings Deposit Scheme
-
Mudaraba Crorepoti Deposit Scheme
-
Mudaraba Lakhopoti Deposit Scheme
-
Mudaraba Double/Triple Growth Deposit Scheme
-
Mudaraba Education Deposit Scheme
-
Mudaraba Hajj Deposit Scheme
-
Mudaraba Marriage Deposit Scheme
-
Mudaraba MillionareDeposit Scheme
-
Mudaraba Monthly Benefit Deposit Scheme
-
Mudaraba Rural Deposit Scheme
-
Mudaraba Pension Deposit scheme
-
Mudaraba Car Deposit scheme
The Management of the Bank has structured the following Deposit Schemes for the Islami Banking Branches of the Bank with premature encashment policies as under:
01. Mudaraba Lakhpati Deposit Scheme:
|
Tenor
|
Monthly Installment
|
Expected Payable Amount
|
Provisional Rate for Computer Setting (Monthly)
|
Annual Expected Profit Rate
|
Weightage
|
|
01 Year
|
7,930.00
|
1 Lac
|
10.75%
|
11.29%
|
1.075
|
|
02 Years
|
3,745.00
|
1 Lac
|
11.00%
|
11.57%
|
1.100
|
|
03 Years
|
2,350.00
|
1 Lac
|
11.20%
|
11.79%
|
1.120
|
|
04 Years
|
1,655.00
|
1 Lac
|
11.37%
|
11.98%
|
1.137
|
|
05 Years
|
1,240.00
|
1 Lac
|
11.53%
|
12.16%
|
1.153
|
|
06 Years
|
965.00
|
1 Lac
|
11.68%
|
12.32%
|
1.168
|
02. Mudaraba Millionaire Deposit Scheme:
|
Tenor
|
Monthly Installment
|
Expected Payable Amount
|
Provisional Rate for Computer Setting (Monthly)
|
Annual Expected Profit Rate
|
Weightage
|
|
03 Years
|
23,500.00
|
10 Lac
|
11.20%
|
11.79%
|
1.120
|
|
04 Years
|
16,550.00
|
10 Lac
|
11.37%
|
11.98%
|
1.137
|
|
05 Years
|
12,400.00
|
10 Lac
|
11.53%
|
12.16%
|
1.153
|
|
06 Years
|
9,650.00
|
10 Lac
|
11.68%
|
12.32%
|
1.168
|
|
07 Years
|
7,735.00
|
10 Lac
|
11.73%
|
12.38%
|
1.173
|
|
08 Years
|
6,300.00
|
10 Lac
|
11.83%
|
12.49%
|
1.183
|
|
10 Years
|
4,375.00
|
10 Lac
|
11.90%
|
12.57%
|
1.190
|
|
12 Years
|
3,135.00
|
10 Lac
|
12.00%
|
12.68%
|
1.200
|
|
15 Years
|
1,985.00
|
10 Lac
|
12.10%
|
12.80%
|
1.210
|
|
18 Years
|
1,290.00
|
10 Lac
|
12.20%
|
12.91%
|
1.220
|
03. Mudaraba Kotipoti Deposit Scheme:
Tenor
|
Monthly Installment
|
Expected Payable Amount
|
Provisional Rate for Computer Setting (Monthly)
|
Annual Expected Profit Rate
|
Weightage
|
|
03 Years
|
2,35,005.00
|
1 Crore
|
11.20%
|
11.79%
|
1.120
|
|
04 Years
|
1,65,510.00
|
1 Crore
|
11.37%
|
11.98%
|
1.137
|
|
05 Years
|
1,24,000.00
|
1 Crore
|
11.53%
|
12.16%
|
1.153
|
|
06 Years
|
96,510.00
|
1 Crore
|
11.68%
|
12.32%
|
1.168
|
|
07 Years
|
77,340.00
|
1 Crore
|
11.73%
|
12.38%
|
1.173
|
|
08 Years
|
63,020.00
|
1 Crore
|
11.83%
|
12.49%
|
1.183
|
|
10 Years
|
43,730.00
|
1 Crore
|
11.90%
|
12.57%
|
1.190
|
|
12 Years
|
31,345.00
|
1 Crore
|
12.00%
|
12.68%
|
1.200
|
|
15 Years
|
19,830.00
|
1 Crore
|
12.10%
|
12.80%
|
1.210
|
|
18 Years
|
12,890.00
|
1 Crore
|
12.20%
|
12.91%
|
1.220
|
|
20 Years
|
9,710.00
|
1 Crore
|
12.30%
|
13.02%
|
1.230
|
04. Mudaraba Double Growth Deposit Scheme:
Tenor
|
Deposit Amount
|
Provisional Rate for Computer Setting (Monthly)
|
Annual Expected Profit Rate
|
Weightage
|
|
05 Years 07 Months
|
Tk.1000.00 or its multiple
|
12.48%
|
13.22%
|
1.248
|
05. Mudaraba Triple Growth Deposit Scheme:
Tenor
|
Deposit Amount
|
Provisional Rate for Computer Setting (Monthly)
|
Annual Expected Profit Rate
|
Weightage
|
|
8 Years 6 Months
|
Tk. 1000.00 or its multiple
|
13.00 %
|
13.80 %
|
1.300
|
06. Mudaraba Pension Deposit Scheme:
|
Initial Deposit
|
Tenor
|
Expected Payable Amount
|
Provisional Rate for Computer Setting (Monthly)
|
Annual Expected Profit Rate
|
Weightage
|
|
2 Lac
|
03 Years
|
2,79,300.00
|
11.20%
|
11.79%
|
1.120
|
|
05 Years
|
3,54,800.00
|
11.53%
|
12.16%
|
1.153
|
|
07 Years
|
4,52,500.00
|
11.73%
|
12.38%
|
1.173
|
|
3 Lac
|
03 Year
|
4,19,000.00
|
11.20%
|
11.79%
|
1.120
|
|
05 Years
|
5,32,100.00
|
11.53%
|
12.16%
|
1.153
|
|
07 Years
|
6,78,800.00
|
11.73%
|
12.38%
|
1.173
|
|
4 Lac
|
03 Year
|
5,58,700.00
|
11.20%
|
11.79%
|
1.120
|
|
05 Years
|
7,09,500.00
|
11.53%
|
12.16%
|
1.153
|
|
07 Years
|
9,05,000.00
|
11.73%
|
12.38%
|
1.173
|
|
5 Lac
|
03 Year
|
6,98,400.00
|
11.20%
|
11.79%
|
1.120
|
|
05 Years
|
8,87,000.00
|
11.53%
|
12.16%
|
1.153
|
|
07 Years
|
11,31,500.00
|
11.73%
|
12.38%
|
1.173
|
|
8 Lac
|
03 Year
|
11,17,500.00
|
11.20%
|
11.79%
|
1.120
|
|
05 Years
|
14,19,000.00
|
11.53%
|
12.16%
|
1.153
|
|
07 Years
|
18,10,200.00
|
11.73%
|
12.38%
|
1.173
|
|
10 Lac
|
03 Year
|
13,96,800.00
|
11.20%
|
11.79%
|
1.120
|
|
05 Years
|
17,74,000.00
|
11.53%
|
12.16%
|
1.153
|
|
07 Years
|
22,63,000.00
|
11.73%
|
12.38%
|
1.173
|
|
12 Lac
|
03 Year
|
16,76,200.00
|
11.20%
|
11.79%
|
1.120
|
|
05 Years
|
21,28,500.00
|
11.53%
|
12.16%
|
1.153
|
|
07 Years
|
27,15,500.00
|
11.73%
|
12.38%
|
1.173
|
|
15 Lac
|
03 Year
|
20,95,200.00
|
11.20%
|
11.79%
|
1.120
|
|
05 Years
|
26,61,000.00
|
11.53%
|
12.16%
|
1.153
|
|
07 Years
|
33,94,200.00
|
11.73%
|
12.38%
|
1.173
|
07. Mudaraba Monthly Profit Scheme:
|
Tenor
|
Deposit Amount
|
Expected Payable Amount/Month
|
Annual Expected Profit Rate
|
Weightage
|
|
06 Months
|
1 Lac
|
900.00
|
10.80%
|
1.080
|
|
01 Year
|
1 Lac
|
950.00
|
11.40%
|
1.140
|
|
02 Years
|
1 Lac
|
975.00
|
11.70%
|
1.170
|
|
03 Years
|
1 Lac
|
1000.00
|
12.00%
|
1.200
|
|
04 Years
|
1 Lac
|
1025.00
|
12.30%
|
1.230
|
|
05 Years
|
1 Lac
|
1050.00
|
12.60%
|
1.260
|
08. Mudaraba Monthly Savings Scheme:
Tenor
|
Monthly Installment
|
Expected Payable Amount
|
Provisional Rate for Computer Setting (Monthly)
|
Annual Expected Profit Rate
|
Weightage
|
|
03 Years
|
500.00
|
21,600.00
|
12.25%
|
12.96%
|
1.225
|
|
1,000.00
|
43,200.00
|
|
1,500.00
|
64,800.00
|
|
2,000.00
|
86,400.00
|
|
3,000.00
|
1,29,700.00
|
|
5,000.00
|
2,16,200.00
|
|
10,000.00
|
4,32,400.00
|
|
05 Years
|
500.00
|
41,550.00
|
12.67%
|
13.43%
|
1.267
|
|
1,000.00
|
83,100.00
|
|
1,500.00
|
1,24,700.00
|
|
2,000.00
|
1,66,250.00
|
|
3,000.00
|
2,49,400.00
|
|
5,000.00
|
4,15,700.00
|
|
10,000.00
|
8,31,500.00
|
|
08 Years
|
500.00
|
82,400.00
|
12.67%
|
13.43%
|
1.267
|
|
1,000.00
|
1,64,800.00
|
|
1,500.00
|
2,47,300.00
|
|
2,000.00
|
3,29,700.00
|
|
3,000.00
|
4,94,600.00
|
|
5,000.00
|
8,24,350.00
|
|
10,000.00
|
16,48,700.00
|
|
10 Years
|
500.00
|
1,19,600.00
|
12.67%
|
13.43%
|
1.267
|
|
1,000.00
|
2,39,250.00
|
|
1,500.00
|
3,58,900.00
|
|
2,000.00
|
4,78,550.00
|
|
3,000.00
|
7,17,850.00
|
|
5,000.00
|
11,96,450.00
|
|
10,000.00
|
23,93,000.00
|
09. Mudaraba Marriage Deposit Scheme:
|
Tenor
|
Monthly Installment
|
Expected Payable Amount
|
Provisional Rate for Computer Setting (Monthly)
|
Annual Expected Profit Rate
|
Weightage
|
|
03 Years
|
1000.00
|
42,550.00
|
11.20%
|
11.79%
|
1.120
|
|
1500.00
|
63,825.00
|
|
2000.00
|
85,100.00
|
|
2500.00
|
1,06,375.00
|
|
05 Years
|
1000.00
|
80,600.00
|
11.53%
|
12.16%
|
1.153
|
|
1500.00
|
1,20,900.00
|
|
2000.00
|
1,61,200.00
|
|
2500.00
|
2,01,600.00
|
|
07 Years
|
1000.00
|
1,29,300.00
|
11.73%
|
12.38%
|
1.173
|
|
1500.00
|
1,93,900.00
|
|
2000.00
|
2,58,600.00
|
|
2500.00
|
3,23,200.00
|
|
8 Years
|
1000.00
|
1,58,600.00
|
11.83%
|
12.49%
|
1.183
|
|
1500.00
|
2,38,000.00
|
|
2000.00
|
3,17,300.00
|
|
2500.00
|
3,96,700.00
|
|
10 Years
|
1000.00
|
2,28,600.00
|
11.90%
|
12.57%
|
1.190
|
|
1500.00
|
3,43,000.00
|
|
2000.00
|
4,57,200.00
|
|
2500.00
|
5,71,700.00
|
|
12 Years
|
1000.00
|
3,19,000.00
|
12.00%
|
12.68%
|
1.200
|
|
1500.00
|
4,78,500.00
|
|
2000.00
|
6,38,000.00
|
|
2500.00
|
7,97,600.00
|
|
15 Years
|
1000.00
|
5,04,300.00
|
12.10%
|
12.80%
|
1.210
|
|
1500.00
|
7,56,500.00
|
|
2000.00
|
10,08,600.00
|
|
2500.00
|
12,60,800.00
|
|
18 Years
|
1000.00
|
7,76,000.00
|
12.20%
|
12.91%
|
1.220
|
|
1500.00
|
11,64,000.00
|
|
2000.00
|
15,52,000.00
|
|
2500.00
|
19,40,000.00
|
10. Mudaraba Education Savings Scheme:
|
Tenor
|
Monthly Installment
|
Expected Payable Amount
|
Provisional Rate for Computer Setting (Monthly)
|
Annual Expected Profit Rate
|
Weightage
|
|
03 Years
|
1000.00
|
42,550.00
|
11.20%
|
11.79%
|
1.120
|
|
1500.00
|
63,825.00
|
|
2000.00
|
85,100.00
|
|
2500.00
|
1,06,375.00
|
|
04 Years
|
1000.00
|
60,400.00
|
11.37%
|
11.98%
|
1.137
|
|
1500.00
|
90,600.00
|
|
2000.00
|
1,20,800.00
|
|
2500.00
|
1,51,000.00
|
|
06 Years
|
1000.00
|
1,03,600.00
|
11.68%
|
12.32%
|
1.168
|
|
1500.00
|
1,55,400.00
|
|
2000.00
|
2,07,200.00
|
|
2500.00
|
2,59,000.00
|
|
08 Years
|
1000.00
|
1,58,600.00
|
11.83%
|
12.49%
|
1.183
|
|
1500.00
|
2,38,000.00
|
|
2000.00
|
3,17,300.00
|
|
2500.00
|
3,96,700.00
|
|
10 Years
|
1000.00
|
2,28,600.00
|
11.90%
|
12.57%
|
1.190
|
|
1500.00
|
3,43,000.00
|
|
2000.00
|
4,57,200.00
|
|
2500.00
|
5,71,700.00
|
11. Mudaraba Rural Deposit Scheme:
|
Tenor
|
Monthly Installment
|
Expected Payable Amount
|
Provisional Rate for Computer Setting (Monthly)
|
Annual Expected Profit Rate
|
Weightage
|
|
03 Years
|
200.00
|
8,510.00
|
11.20%
|
11.79%
|
1.120
|
|
05 Years
|
200.00
|
16,120.00
|
11.53%
|
12.16%
|
1.153
|
|
08 Years
|
200.00
|
31,700.00
|
11.83%
|
12.49%
|
1.183
|
|
10 Years
|
200.00
|
45,700.00
|
11.90%
|
12.57%
|
1.190
|
|
12 Years
|
200.00
|
63,800.00
|
12.00%
|
12.68%
|
1.200
|
|
15 Years
|
200.00
|
1,00,800.00
|
12.10%
|
12.80%
|
1.210
|
|
18 Years
|
200.00
|
1,55,000.00
|
12.20%
|
12.91%
|
1.220
|
Benefit In Case of Premature Encashment:
-
For Mudataba Lakhpati Deposit Scheme, Mudaraba Millionaire Deposit Scheme and Mudaraba Kotipoti Deposit Scheme:
|
Encashment Period
|
Benefit in addition to principal
|
|
Up to 06 (six) months
|
No Profit
|
|
After 06 (six) months to 12 (twelve) months
|
Prevailing Mudaraba Savings Rate.
|
|
After 12 (twelve) months to 24 (twenty four) months
|
Prevailing Mudaraba Savings Rate plus 1.00%.
|
|
After 24 (twenty four) months to 36 (thirty six) months
|
Prevailing Mudaraba Savings Rate plus 2.00%.
|
|
After 36 (thirty six) months and onward
|
If any depositor encashes his/her scheme after 36 months but before maturity, he/she will get the profit at the rate prescribed for the immediate previous tenor he/she has completed. Example: If any depositor who has a scheme for 06 year term but wants to encash his/her scheme after completing 03 years 04 months then he/she will get the profit at the rate prescribed for 03 year tenor of that scheme.
|
1. Source Tax, Excise Duty etc. are applicable as per NBR rules.
2. Closing charge is applicable.
-
For Mudaraba Monthly Savings Scheme:
|
Encashment Period
|
Benefit in addition to principal
|
|
Up to 06 (six) months
|
No Profit.
|
|
After 06 (six) months to 12 (twelve) months
|
Prevailing Mudaraba Savings Rate.
|
|
After 12 (twelve) months to 24 (twenty four) months
|
Prevailing Mudaraba Savings Rate plus 1.00%.
|
|
After 24 (twenty four) months to 36 (thirty six) months
|
Prevailing Mudaraba Savings Rate plus 2.00%.
|
|
After 36 (thirty six) months and onward
|
If any depositor encashes his/her scheme after 36 months but before maturity, he/she will get the full benefit prescribed for the immediate previous tenor he/she has completed. However, in addition to that benefit, he/she will get back the principal amount that he/she deposited after the “immediate previous tenor”. Example: If any depositor who has a scheme for 10 year term but wants to encash his/her scheme after completing 08 years 07 months then he/she will get the full benefit prescribed for 08 years tenor of that scheme. He/she will also get back the principal amount deposited in the 07 months.
|
|
These criteria will be applicable for Mudaraba Monthly Savings Scheme, Mudaraba Marriage Deposit Scheme, Mudaraba Education Savings Scheme, Mudaraba Rural Deposit Scheme.
|
1. Source Tax, Excise Duty etc. are applicable as per NBR rules.
2. Closing charge is applicable.
3. To get the benefit applicable for “After 36 (thirty six) months and onward” all the due monthly installments are to be deposited by the client till the month of premature encashment date.
-
For Mudaraba Term Deposit Receipt (MTDR):
|
Encashment Period
|
Benefit in addition to principal
|
|
Up to 01 (one) month
|
No Profit.
|
|
After 01 (one) month to 03 (three) months
|
Prevailing Mudaraba Savings Rate for the entire period.
|
|
After 03 (three) months to 06 (six) months
|
Prevailing Mudaraba Savings Rate plus 0.50% for the entire period.
|
|
After 06 (six) months to 12 (twelve) months
|
Prevailing Mudaraba Savings Rate plus 1.00% for the entire period.
|
1. Source Tax, Excise Duty etc. are applicable as per NBR rules.
2. Closing charge is applicable.
-
For Mudaraba Monthly Profit Scheme:
|
Encashment Period
|
Benefit in addition to principal
|
|
Up to 06 (six) months
|
No Profit. However, principal will be returned after deduction of profit already taken by the depositor.
|
|
After 06 (six) months to 12 (twelve) months
|
Prevailing Mudaraba Savings Rate for the entire period. However, principal will be returned after deduction of net profit (profit he/she has already taken less profit he/she will get at savings rate).
|
|
After 12 (twelve) months to 24 (twenty four) months
|
Prevailing Mudaraba Savings Rate plus 1.00% for the entire period. However, principal will be returned after deduction of net profit (profit he/she has already taken less profit he/she will get at savings rate).
|
|
After 24 (twenty four) months to 36 (thirty six) months
|
Prevailing Mudaraba Savings Rate plus 2.00% for the entire period. However, principal will be returned after deduction of net profit (profit he/she has already taken less profit he/she will get at savings rate).
|
|
After 36 (thirty six) months and onward
|
Prevailing Mudaraba Savings Rate plus 3.00% for the entire period. However, principal will be returned after deduction of net profit (profit he/she has already taken less profit he/she will get at savings rate).
|
1. Source Tax, Excise Duty etc. are applicable as per NBR rules.
2. Closing charge is applicable.
E. For Mudaraba Double Growth Deposit Scheme and MudarabaTriple Growth Deposit Scheme:
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Encashment Period
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Benefit in addition to principal
|
|
Up to 06 (six) months
|
No Profit
|
|
After 06 (six) months to12 (twelve) months
|
Prevailing Mudaraba Savings Rate for the entire period.
|
|
After 12 (twelve) months to 24 (twenty four) months
|
Prevailing Mudaraba Savings Rate plus 1.00% for the entire period.
|
|
After 24 (twenty four) months to 36 (thirty six) months
|
Prevailing Mudaraba Savings Rate plus 2.00% for the entire period.
|
|
After 36 (thirty six) months to the Tenor of Mudaraba Double Growth Deposit Scheme
|
Prevailing Mudaraba Savings Rate plus 3.00% for the entire period.
|
|
After the tenor of Mudaraba Double Growth Deposit Scheme to the tenor of Mudaraba Triple Growth Deposit Scheme.
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Benefit of Mudaraba Double Growth Deposit Scheme. But no benefit will be allowed for the period exceeding Double Growth Deposit Scheme period.
|
1. Source Tax, Excise Duty etc. are applicable as per NBR rules.
2. Closing charge is applicable.
F. For Mudaraba Pension Deposit Scheme:
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Encashment Period
|
Benefit in addition to principal
|
|
Up to 06 (six) months
|
No Profit
|
|
After 06 (six) months to12 (twelve) months
|
Prevailing Mudaraba Savings Rate.
|
|
After 12 (twelve) months to 24 (twenty four) months
|
Prevailing Mudaraba Savings Rate plus 1.00%.
|
|
After 24 (twenty four) months to 36 (thirty six) months
|
Prevailing Mudaraba Savings Rate plus 2.00%.
|
|
After 36 (thirty six) to onward
|
Prevailing Mudaraba Savings Rate plus 3.00%.
|
1. Source Tax, Excise Duty etc. are applicable as per NBR rules.
2. Closing charge is applicable.
