To increase standard of living and quality of life of the fixed income group by extending them investment facilities to purchase household articles.
Permanent Officials of Govt. / Semi-Govt. / Autonomous Body / Corporations / Banks & FIs / Defense Forces / Madrasah / School / College / University Teachers / Businessmen / House owners of Metropolitan & other District Head Quarters / Professionals (Doctors / Engineers / Lawyers etc.) / Existing clients / Wage Earners / University / Medical Students / Officials of renowned Private Firms.
Nature of Goods / Items
Electronics & electrical goods, Motor cycle / Bi-cycle, Furniture / Fixtures, Ornaments, Instruments / Equipments for Medical & Engineering students etc.
Mode of Investment
Bai-Muajjal / HPSM (item wise).
Period of Investment
Rate of Return
16.00% or rate to be determined by the Bank from time to time.
Amount of Investment
For All Metropolitan Cities Tk.0.30 million
For Districts & Municipalities Tk.0.20 million
Others Tk.0.10 million
30% or as per Guideline of Bangladesh Bank.
Age of Clients
Service holders : 3-yrs unexpired service
Other than service holders : Minimum 27-years & Maximum 65 years
Students : Minimum 18-years
Hyp. on HDS Goods + PG + Spouse / Guardian Guarantee + Employer Certificate / Marking lien on MSS / MTDR (if applicable).
How to Apply
Application Form shall have to be collected from nearest Branch of Islami Bank Bangladesh Ltd.