Retirement Saver
Syariah Concept
Qardh
Type of Account
- Individual Account
- Trustee account (For Corporate providend fund only, and Employer as administrator)
Eligibility
- 18 to 59 Years Old. Upon reaching 60, Individual account will be migrated to Berjasa account.
- Brunei Citizens / Permanent Residents / Foreign nationals with valid residency permit
Requirements
- Identity Card/s or Passport
- Authorized signatory: for corporate employee provident fund only
- Initial Deposit of $100.00
- Minimum balance for Hibah $100.00
- Proof of employment* (latest salary slip, letter of employment or valid Staff ID)
*required only for new customer opening account and any change to the employment (for existing customer)
- For Foreign nationals:
- Original valid Identification Card
- Original valid Passport
- Employment Pass or Dependent Pass (Child/Spouse) - at Least 3 months validity but expiry must not be less than 6 months
- Letter of Employment/Contract agreement
- Satisfactory evidence of residential address such as rental agreement / water bill
Benefits
- A dedicated savings account with a specific purpose for retirement needs
- 24/7 Cash Deposit Machine
- Hibah at TAIB’s discretion at the end of the month for no withdrawal during the month
- Hibah at TAIB’s discretion at the end of the year for no withdrawal during the year
- Auto Zakat Deduction option
- Access account anytime, anywhere through TAIBVX
Fees
Refer to TAIB Schedule of Tariffs and Fees