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CLICK for USA Today Bangladesh Supplement | To know more about FinanceAsia 'Best Bank 2012' Award | Click to know philosophy behind our new logo | City Bank receives ISO 9001:2008 certification | City Bank wins American Express GNS Marketing Award | Strongest Bank in Bangladesh 2010
Manarah Current Account | Manarah Savings Account | Manarah Term Deposit Receipt | Manarah Monthly Deposit Scheme | Manarah Personal Finance | Manarah Auto Finance | Manarah Hajj Deposit Scheme
IISR: Mudarabah Profit Sharing Mechanism | Schedule of Charges | Islamic Banking Investment Rate
Manarah Savings Account is operated under the Mudarabah principles. It is an Islamic financial partnership contract where one partner provides capital (Depositor) and the other partner provides labor (Bank) and income generated from the venture is shared between the partners.
Product Features
Opening balance is BDT 5,000
Minimum balance to earn profit is BDT 5,000
Profit payable half yearly
Can be availed by any Bangladeshi national aged 18 years and above
Customer Benefit
Cheque book facility
Opportunity to apply for safe deposit locker facility
Pay Order issuance facility
Online transfer of fund from one Islamic Banking Branch to another
Transfer of fund on Standing Instruction Arrangement
Collection of cheque through Clearing House
Debit card facility
Profit on daily average balance
* For details, please contact nearest City Manarah Branches.
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