Saalam Mudaraba Senior Citizen Monthly Benefit Scheme is a Shariah-compliant investment solution specially designed for senior citizens to ensure a steady and reliable monthly provisional profit from their savings. The scheme helps customers maintain financial independence and comfortably manage regular expenses such as healthcare, household costs, and personal needs through safe and halal investment opportunities.

Title		Details
Key Features		Monthly provisional profit payout facility Minimum investment amount starts from BDT 50,000 and its multiples Fully Shariah-compliant Mudaraba-based investment structure Available in both Conventional and Digital formats Attractive and competitive expected profit rates Monthly provisional profit auto credited to linked Current or Savings Account Multiple accounts allowed for one customer Joint account facility available Investment facility against deposit Free SMS alert service Safe and secure halal investment solution for senior citizens
Customer Segments		Senior citizens aged 59 years and above Individuals seeking Shariah-compliant monthly income solutions Retired persons planning halal financial security
Account Type		Monthly Profit Payable Scheme (Non-transactional Islamic investment account)
Eligibility		Any Bangladeshi citizen with Valid Photo ID (NID / Birth Certificate / Passport) Minimum Age: 59 years
Account Availability		All Branches, Sub-Branches, Agent Banking Centers & Digital Platform
Tenure		6 Months 1 Year 1.5 Years 2 Years & 3 Years
Mode of Shariah		Mudarabah
Mode of Deposit		Monthly provisional profit automatically transferred to linked Current or Savings Account
Investment Facility		Up to 80% investment facility allowed against lien per Bank credit policy.
Force Closure		Account may be treated as irregular if three (3) consecutive installments are missed. Closure may occur as per Bank policy
Premature Encashment		Premature encashment is allowed as per the prevailing policy of the Bank.
Nominee Facility		Nominee is mandatory Nominee can be changed at any time through written instruction
Terms & Conditions		The Bank reserves the right to change product features and conditions when necessary