WADIAH SAVINGS ACCOUNT-i

A savings account that operates in accordance with the principles of Shariah is offered to the public.

Wadiah Savings Account-i is devised with the following concepts:-

• The Bank accepts deposits from depositors looking for safe custody of their funds and a degree of convenience in the usage together with the possibility of earning some profits in accordance with the principles of Al-Wadiah.
• The Bank will get depositors' consent to make use of their funds so long as these funds remain with the Bank.
• The depositors may withdraw a part or the whole amount of their balances at any time they so desire and the Bank guarantees the refund of such balances.
• The profit from the deposits belong entirely to the Bank and the Bank may, at its absolute discretion, reward the customers of Wadiah Savings Accounts-i by returning a portion of the profits generated from the use of their funds from time to time.
• It is recommended that the Wadiah Savings Account-i should share the profit of the Bank's investments in a ratio determined by the Bank from time to time.
• The Bank will issue Wadiah Savings Account-i Passbooks to depositors and extend other usual services connected with Savings Accounts, such as inter-branch deposits/withdrawals, issuance of PB BankCards and standing instructions.

Here's what Wadiah Savings Account-i offers you:

• Ease of opening an account for individuals, joint, associations, clubs or societies, with an initial deposit of just RM250.
• Hibah (profit) if any will be credited to your account monthly based on a Multi-tier single rate.
• Easy access to your account through any Public Bank branches, ATM's, PB Telebanking or PBeBank.com.