IFIL is authorized to take deposits from General Public, Corporate Bodies, Governments and Semi-Governments Institutions. IFIL maintains Cash Requirement Reserve(CRR) with Bangladesh Bank and Statutory Liquidity Reserve(SLR) with other Banks in the form of fixed deposits as a part of regulatory requirement. As required by Bangladesh Bank regulation IFIL maintains CRR and SLR @ 5% on its total deposits otherthan deposits taken from Banks and Financial Institutions.

Profit rate is determined on actual profit and distributed on weightage basis after year end calculation. At the begining of the year provisional profit rate is declared and subsequently adjusted on actual profit.

Mudaraba Term Deposit accounts can be opened by cheque,pay order or bank draft from individuals (single and joint),firms(propietorship/partnership),limited companies,autonomous bodies,charitable institutions,association,educational institution,local bodies, trusts, etc.

Deposits can not be encashed before 6(six) months.

If the profit amount is not withdrawn it (profit) earns annual profit like principal amount.

From MTD-MP the depositors can withdraw profit in every month.

Matured deposits if not encashed within one month of maturity, the deposit shall automatically be renewed for further 6 months.

Depositors can avail Quard up to 80% of their deposits amount only on Mudaraba Term deposits(cumulative).

IFIL retains the right of refusing to accept any deposit from any person/body without assigning any reason.

IFIL reserves the right to add or alter any or all the rules.

MTDR is not transferable instrument & as such it cannot be endorsed in favor of others.

The MTDR should be preserved properly. In case of loss, the account holder should notify the issuing branch immediately by quickest possible means so that the bank can take care of.

Matured deposit if not encashed within one month of maturity, the deposit shall automatically be renewed for the period it kept before.

Any change in the address of the depositor should be immediately communicated to the bank. No responsibility can be accepted by the bank for delay, non-delivery etc. of letters, remittances etc sent through Post office and other agents.

The IFIL retains the right of refusing to accept any deposit from any person in MTD account without assigning any reason.

The IFIL reserves the right to add or alter any or all the rules governing this scheme and such altered or additional rules shall be immediately thereafter be deemed to be binding on all depositors.