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Soneri Meaadi Account

Soneri Meaadi Account (Term Depsite)

Profit & Loss Sharing Soneri BACHAT Account may be opened by individuals, partnerships, Joint Account holders, Companies, Corporate, Trusts e.t.c, on the basis of Shariah Principles of Musharaka with the following unique facilities.

  • Minimum deposit Rs.10,000/= for a fixed period of 1 month, 3 months, 6 months, 1 year, 2 years, 3 years and 5 years.
  • Profit payment at the option of client i.e., monthly, quarterly, half yearly, yearly or on maturity.
  • Profit declared quarterly.
  • Net profit (after deduction of expenses & management fee) to be shared on the basis of weightages.
  • Weightages on the basis of tenor and option of profit payment will be announced quarterly.
  • Fund utilized by the bank in accordance with Shariah Principles under the supervision of proficient Shariah Advisor

    Some of the facilities for Jari account are also applicable here.


Important Note: Extra Premium on actual profit will be given on special deposits.

 

IB SCHEDULE OF CHARGES

  • Hold Mail Instructions.
  • Personal Financial Consultancy Services for Islamic Banking Products.
  • IB Schedule of Charges