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A

Prime Bank Limited

Financial

Administration

Division

Head

Ofiice.

Dhaka

Instruction Circular

No. 2014/4/1

All

Head

of

Islamic Banking Branches

Prime Bank Limited

Bangladesh

June 30.2014

Sub:

Revision

of

the

provisional

rate

ofDrofit

on deposits

of Islamic

Bankins

Branches

for

the

vear

2014

Please refer to our

previous

Instruction

Circular no.

74/2014

dated

June

01,2014. The

provisional

rate

of

profit

for our Islamic Banking

Branches

for

the

year

2014 has

been

revised

as

under:

SL#

Particulars

Revised

provisional

rate

ofprofit on

deposits for

the

year

2014

for

all

IBB's

0l

Mudoraba Special Notice

Deposit

(For

Customer)

a)

Below

Tk.

1.00

crore

3.00o/o

b)

Tk.l.00

crore and

above

but

below Tk.25.00

crore

5.50Yo

c)

Tk.25.00

crore

and above but

below Tk.50.00

crore

6.00o/o

d)

Tk.50.00

crore

and above but

below Tk.100.00 crore

6.00o/o

e)

Tk.100.00

crore and above

6.00%

02

Mudaraba

Savings

Deposit

5.25%

03

Mudarsba

Term Deposit

A)

I

(One)

month

a)

Below Tk.50.00

lac

7.00o/o

b) Tk.50.00

lac

and above

but below

Tk.l.00

crore

7.00%

c) Tk.l.00 crore

and above but

below Tk.3.00 crore 7.00%

d) Tk.3.00

crore and

above

7.00Yo

_,_l)lllhrgglqqnths

a)

Below

Tk.50.00 lac

8.25%

b)

Tk.50.00

lac

and above

but below Tk.l.00

crore

8.250/o

c) Tk.l.00

crore

and above

but below Tk.3.00

crore

8.25Vo

d) Tk.3.00

crore

and

above

8.25o/o

C) 6

(Six)

months

a)

Below Tk.50.00

lac

8.50%

b)

Tk.50.00

lac

and above

but

below Tk.l.00

crore

850%

c)

Tk.l.00

crore

and above

but

below Tk.3.00

crore 8.50%

d) Tk.3.00

crore

and above

8.50%

D)

I

(One)

year

&

above

a)

Below Tk.50.00

lac

8.7

5%

b) Tk.50.00

lac

and above

but

below Tk.l.00

crore

8.7 5%

c)

Tk.l.00

crore

and above

but below Tk.3.00

crore

8.7

50/o

d) Tk.3.00

crore

and

above

8.7

5o/o

E) pgcial

Mudaraba

Term

Deposit

(for

Corporsre Customer)

a) Size

of Deposit:

Minimum

Tk.10.00

Crore

(Bundle

allowed)

9.00%

b) Tenor:

Minimum

03

(three)

months

However,

the following

conditions

will prevail:

a)

Bank Deposit

will

be dealt

separately

by Treasury

Division.

a) For

mobilization

ofdeposit

against

Provident

Funds

and Cratuity Funds

0.259lo higher

ratc

may

be offered.

b) For

the Senior

Citizenship

Scheme

0.25%

higher rate

may be

offered

only

for

an amount

of

maximum

Tk.50.00 lac (maximum

ceiling

of deposit

is

Tk.50.00

lac

per

customer).

c) The

revised rate

ofprofit

will

be

effective

from July

01,

2014.

l_z_-4..'+

Ahmed Kamal

Khan

Chowdhury

Chief

Oflicer Finance

& Global Business

2)

The Deputy

Managing

Director(s)

3)

All Head

of Conventional

Branches

4)

All

Head

ofSME Branches

5)

All

Divisional

Heads

at Head

Ofiice

h'"L-",

Srrahffin Majumde

r

nve

fnt

ueaa

of Finance

Copy to: l)

The Managing

Director