This savings plan uses Sharia
principles for Rupiah profit sharing (Mudharabah) to support your sacred intention of performing Hajj. By using
an auto-debit process from the source account to the iB Hajj Savings Plan account, your funds will be
debited every month based on the amount of deposit and chosen term.
FEATURES |
|
Contract |
Profit Sharing (Mudharabah) |
Initial Deposit |
Rp 100.000 |
Customer Profit Share (ratio) |
2.5% (indicative rate. 0.25%) |
Time Period |
6 - 72 months |
Routine Monthly Deposits |
Rp 300.000 – Rp 5.000.000 |
Sharia Life Insurance |
Free |
FEES |
|
Monthly Administration Fee |
Free |
Debit Failure Fee |
Free |
Account Closure Prior to Maturity Fee |
Rp 100.000 |
* Features and costs may change any time, with prior notification through the Bank’s available media
No. |
Item |
Old Product |
New Product * |
1. |
Initial Deposit |
None |
Rp 100.000,- |
2. |
Penalty for Account Closure Before Maturity |
None |
Rp 100.000,-
Charges apply if: • The system automatically closes account for failure to perform regular deposits within 3 consecutive months. • The
customer closes account before its maturity.
|
3. |
Profit Share/Ratio |
20% (indicative rate : 2%) |
2.5% (indicative rate: 0.25%) |
4. |
Age Limit |
6 – 60 years old |
No age limit for opening account |
Period |
Coverage Value |
During the time of Savings • Accidental death
|
|
Upon maturity of Savings (completion of savings period: • Waiting Period for Hajj Pilgrimage (maximum 2 years) • Hajj (60 days)
|
Grief compensation Rp 10,000,000 (especially for accidents) |