Mudaraba Daily Education Project

Education
Account under this scheme in the name of a child can be opened until he/she is 10. Monthly installments are to be deposited like other saving scheme for 10 or 15 years to get stipend for next 6 years out of deposit and interest accumulated. Salient features of the account are as under: Deposits to be made for 15 years if the account is opened within 3 years of the birth of a child. Deposits to be made for 10 years if it is opened after 3 years of age. After maturity monthly stipend will be paid for next 6 years as per schedule to the credit of ward’s account. Deposit can be withdrawn at a time by the guardian before or after maturity.



Daily Deposit (TK) After 10 years After 12 years After 15 years
1 Time payment Monthly 1 Time payment Monthly 1 Time payment Monthly
100/- 580,850/- 11,350/- 916,100/- 17,900/- 1,419,500/- 27,750/-
200/- 1,161,700/- 22,700/- 1,698,100/- 33,100/- 2,641,400/- 51,650/-
300/- 1,742,550/- 34,100/- 2,472,100/- 48,300/- 3,863,300/- 75,500/-
500/- 2,904,200/- 56,800/- 4,028,100/- 78,750/- 6,307,200/- 123,300/-
1,000/- 5,808,450/- 113,500/- 7,918,200/- 158,800/- 12,416,800/- 242,750/-
2,000/- 11,616,900/- 227,100/- 15,698,300/- 306,900/- 24,636,100/- 481,650/-
3,000/- 17,425,350/- 340,700/- 23,478,500/- 459,000/- 36,855,400/- 720,550/-
4,000/- 23,233,800/- 454,200/- 31,258,600/- 611,100/- 49,074,600/- 959,400/-
5,000/- 29,042,400/- 567,800/- 39,038,800/- 763,200/- 61,293,900/- 1,198,300/-