Saadiq Term Deposits Account

The Saadiq Term Deposit Account offers the potential to earn healthy returns on your investment without compromising on your beliefs. If you are a short to medium term investor and want to maximize return on your well-merited funds then Saadiq Term Account is the right product for you. The product is based on the Mudaraba concept. The profit sharing weightages are assigned based on the various tenures available under this product between you and the Bank. Longer your tenure, the higher the profit sharing weightage with better chances of higher returns. However, you need to have either an operatable Saadiq savings or current account with us to avail the benefits of this scheme.

Key features include:

• Account opening amount is Tk. 50,000
• This account is available on a roll over basis until the customer authorizes its closure.
• This account is available in local currency
• Provision of maximum 1 year tenure.