City Islamic | Savings Account | সিটি ইসলামিক | সেভিংস একাউন্ট | The City Bank Limited | Tech City

A truly Shariah-compliant banking solution to meet your savings needs. Grow your savings by earning profits from interest-free banking solutions.

FEATURES AND BENEFITS

BDT 5,000 only for opening balance

Half-yearly profit payable

Minimum balance for earning profit is BDT 5,000 only

Instant debit card & instant transaction facility

Free half yearly statement

Cash back facility on spending amount through CitymaxX card

Citytouch digital banking facility

ELIGIBILITY

Must be a citizen of Bangladesh

Above 18 years old

REQUIRED DOCUMENTS

NID/Birth certificate/Passport

Photograph – 2 Copies

Nominee photograph – 1 Copy

Nominee’s NID/Birth certificate/Passport

Income source document

E-TIN

PROFIT-SHARING RATIO

The profit-sharing ratio will be determined based on IISR from time to time.

HOW DOES IT WORK?

The customer provides funds to the Bank.

Bank pools funds from the customers and invest them in Shariah-compliant activities.

Profits derived from the activities are shared between Bank and customer based on the agreed IISR.

Any losses will be borne by the customer except when the Bank is negligent.

Schedule of charge: https://islamic.thecitybank.com/sos
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