Mudaraba Monthly Profit Paying Deposit Scheme (MMPPDS)


Salient Features

  • Facility to open account in any working day of month
  • Profit is credited to the link account in the last working day of the month
  • Deposit amount: Tk.1,00,000 & more
  • Tenure: 1 - 5 years
  • Present Income sharing Ratio (ISR)- is as follows:
Different Tenure of MMPPDA Present Income Sharing Ratio (ISR)
Bank Client
MMPPDA - 1 year 20% 80%
MMPPDA - 2 years 18% 82%
MMPPDA - 3 years 15% 85%
MMPPDA - 4 years 15% 85%
MMPPDA - 5 years 15% 85%

Required Documents to Open Account

  • Photocopy of National ID Card / Passport or Birth Registration Certificate with any valid Photo ID.
  • One copy of passport size recent photograph of account holder duly attested by the introducer.
  • Photograph and signature of the nominee(s), if any, duly attested by the account holder.
  • A/C Opening Form duly filled in.
  • Any other document required by the Bank from time to time.