Tax-free Mudarabah Fixed Deposit A long-term fixed deposit with tax-exempt profit. Equivalent monthly deposit amounting to the intial account opening for 24 month.Required deposit amount is ay a minimum of 1,000 Bath and maximum of 25,000 Bath.
Principle   Mudarabah
Saving period   24 months
Minimum opening deposit   Minimum of 1,000 Baht, maximum of 25,000 Baht.
Deposit Conditions  - Equivalent monthly deposit amounting to the initial account opening for 24 months.
 - Check deposit must be clear within the month the deposit is made.
 - Maximum of 2 stops are allowed within the 24-month deposit period. Otherwise,
    the account will be treated as Wadiah saving account and the profit shall not be tax-exempted.
 - The account holder shall have/open a Wadiah savings account to receive profit at the maturity date. The account holder can also transfer fund to the tax-free Mudarabah account every month via the Wadiah savings account.  
  - Depositors shall have the right of tax-exempt profit from one account only.  
  - Depositors shall have the right of tax-exempt profit only when total deposit does not exceed 600,000 Baht.
  - Profit shall be announced monthly but shall be payable at the maturity date of deposit.  For deposit withdrawn before maturity (24 months), the calculation of profit shall be based on the Wadiah savings account’s profit rate,which is subject to tax.It should be noted that although there is no profit payable obligation under the Wadiah savings account, the Bank shall share its investment profit to depositors semiannually at the end of June and December or accordingly to product policy.
  - For a joint account between a minor and mother with sole custody rights, the mother will receive tax exemption on the profit. National ID information is required.
  - For spouse joint account, the husband will receive tax exemption on the profit. National ID information is required.
  - For minor and “For minor” accounts, the minor will receive tax exemption on the profit. National ID information is required.
  - For a joint account between a minor and father, the father will receive tax exemption on the profit. National ID information is required.
  - For mother sharing custody with father, the father will receive tax exemption on the profit. National ID information is required.
  - A depositor shall receive tax exemption on the profit if he fulfils deposit conditions.
  - To renew the tax-free deposit scheme, a depositor shall close the matured account before opening the new one.
  - If a depositor violates deposit terms or closes the account before the maturity date, the profit will be subject to tax.
  - If a matured tax-free account is not closed, it will be treated as a Wadiah savings accoun