Deposit Schemes

Islamic Welfare Society offers 4 Different Types of Deposit Scheme
  1. Jari Bachat - JB: Jari Bachat is similer Saving Bank Account. Any Member/Beneficiery can Apply for opening of JB account in prescribed format with KYC.
  2. Rozana Bachat - RB: Rozana Bachat is similer Pigmy Account. Any Member/Beneficiery can Apply for opening of RB account in prescribed format with KYC. RB accounts are categorized in 2 different types
    • Regular RB: Regular RB (pigmy) is regular pigmy account with 12 months maturity period.
    • Business RB: Busniess Rb (pigmy) is specially design for Busniess persons with 6 months maturity period.
  3. Zakath Tamleek - ZT: Zakath Tamleek is a special category account designed for Zakath Distribution.
  4. Nikah Banat - NB: Nikah Banat is a similar to Fixed Deposit system. This account is specially desinged for girls marriages. the parent can open an account on thier daughter's name and deposit the amount for use in future for daughter's marriage.