Product Type & Tenure:

• Minor Savings Account (ongoing until age 18)
• Minors (Pre-School: Age from or above 3 years)

Target Customers:

• Students & Adolescents: Ages 3–18 years, operated by a guardian.

Profit Payment:​

• Profit-sharing: on daily balance, higher weightage than regular savings; profit credited half-yearly (June, Dec).

Key Features / Benefits:​

• Youth-focused savings: low initial deposit (BDT 100), minimum balance BDT 100.
• Free ATM card (with controlled limits), online banking, and no service fees.
• Rewards for academic excellence (prizes for good results) and a provision for scholarship if the earning guardian passes away (to support the child’s education, considering financial condition).
• Upon reaching the age of 18, the account will be converted to a regular Mudaraba Savings.