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 Deposit can be withdrawn at a time by the guardian before or after maturity.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/- |