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Mudaraba Savings (MSB) Account

Mudaraba Savings Bank (MSB) Account is designed for savers who want to save a small part of their income to be used in the near future and also intend to have some income on such savings. They can deposit a small amount and can withdraw whenever they desire but the total numbers of withdrawals over a period of time are limited.

Features and Benefits :
  • Bank pays attractive profit.
  • Personalized MICR Cheque Book is available.
  • Nominal service charge.
  • Any branch banking facility (Cash withdrawal and deposit from any branch).
  • Bank accepts Standing Instructions from A/C holders.
  • Nomination facility is available to nominate beneficiary for account proceeds.
  • Profit is payable on half yearly basis.
  • Charge free statement of A/C, Balance Confirmation Certificate twice in a year on half yearly basis.
  • Option is available to collect e - Statement on monthly basis.
* Please contact nearest SEBL branch or call 16206 for details.