As one of the Rupiah (Rp) savings accounts, the Danamon Save iB Savings follows the sharia principle of mudharabah (profit sharing agreement) issued by the Sharia Business Unit - PT Bank Danamon Indonesia Tbk (“Bank Danamon”). Individual customers experience convenient transactions using this specially designed savings account.
Benefits
With the Danamon Save iB Savings Account, you can manage your finances for various transactions, including monthly expenses and other planned long-term needs.
Danamon Save iB offers various advantages, such as:
Product features and benefits
MAIN FEATURES |
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Danamon Save iB |
Minimum Initial Deposit |
Rp 0 |
Balance on hold |
Rp 0 |
Minimum balance |
Rp 0 |
Minimum balance to avail of profit share |
Rp 500.000 |
Monthly administration fee |
FREE |
Account closure fee |
FREE |
Branch transactions |
Yes, just like other types of savings account |
Penalty/Administration fee for below minimum balance |
Rp 0 |
Penalty/administration fee for dormant minimum balance |
Rp 0 |
Dormant account penalty/administration fee |
Rp 0 |
Method of reporting |
e-statement |
Special Features:
Danamon Save iB |
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Agreement: Mudharabah |
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Ratio:
*Indicative Rate is the product of the ratio with Gross Profit Distribution (GPD) or the bank's income in the current month.. GPD, which depends on bank performance, is subject to change and not fixed.
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-Minimum maintaining balance (free of administration fees): none |
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Notes:
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All transaction fees incurred will be directly debited from the customer's account at the time of transaction or every month depending on the method of each product/service.
Tutorial for Opening Danamon Save iB
For more information about the Danamon Save iB Savings account, click here.