November 01, 2023 || SIBL Launched Three New Deposit Products
Social Islami Bank launched three new deposit products considering the needs of common people, namely MTDR with Advance Profit, Mudaraba Sorbochcho Munafa Account, Mudaraba Oychchik Shonchoy Account on 01 November 2023 at its head office. Zafar Alam, Managing Director and CEO of the Bank, was present as chief guest and launched the product while Mohammad Forkanullah, Deputy Managing Director, presided over the program. Divisional Heads and senior officials of head office were present on the occasion. Zonal Heads, Branch Managers, Sub-branch Incharges, also joined the program virtually.
Zafar Alam, MD & CEO, said that the beneficiary can avail advance profit against minimum Tk.5.00 Lac available in MTDR with Advance Profit Account, and a minimum Tk.8.00 lac will be double (approximately) in Mudaraba Sorbochcho Munafa Account in six years. Client can open Oychchik Shonchoy Account with initial Tk.5000.00 or any multiple of initial deposit and afterwards any amount can be deposited anytime at client’s convenience, and profits will be accrued on daily basis in this one-year-term account.