Accessibility

Font size
Increase + Dicrease -

Mudaraba Farmers Savings Account (MFSA)


Islami Bank is a national pioneer in Farmer's Account. It aims at offering low cost financial services to the farmers, growing up savings habit among them agains time of crucial needs and to increase Financial Inclusion of the country bringing the farmers under the banking arena.

Features

  • Deposit & Withdrawal as you need
  • Minimum balance: Tk.10/-
  • No A/c maintenance charge
  • Cheque book facility
  • Instant Debit Card: lowest cost, free for 1 year
  • Self opening & transactions thru Cellfin
  • Internet Banking service available
  • SMS notification & query service

Eligibility

  • Any person being farmer by profession
  • Minimum Age: 18 years

Required Documents

  • Complete and duly signed account opening form
  • NID/ Valid Passport/Chairman certificate/ Farmers ID Card
  • Recent Photo: 2 copy, passport size, attested by introducer
  • Nominee’s NID & photo (attested by applicant)
  • Recent electricity/ other utility bill in case of present address differing to NID/Passport

*Bank may ask for any other additional document

Profit & Charges

  • Profit on provisional basis is paid twice a year.
  • Additional amount (if any) is paid after annual calculation of Final Rate
  • Lowest balance of a month is eligible for profit
  • No profit for a month in case of 4 times or more withdrawal  

Important Downloads

Interested to open Mudaraba Farmers Savings Account (MFSA)?