Get upto 5%* on our Savings Account Balances with Masraf Al Islamia.
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Updates:
Dear Customer, We have launched Video KYC facility for New customer to open savings acccount
Get More From Your Money
Access your money anytime and anywhere.
Know About
Aflaq NextGen Savings
The Aflaq NextGen Saver is a forward-thinking savings account tailored for the aspirations and financial needs of the younger generation. Designed by Masraf Al-Islamia, this account combines the benefits of modern banking conveniences with Islamic principles to encourage responsible saving habits among young individuals.
The Aflaq NextGen Saver is not just a savings account; it's a gateway to responsible and rewarding financial habits for young savers. Open Now and start building a secure and prosperous future while staying true to Islamic principles.
Reach Your
Savings Goal With Us
Year of
2031
%
Income Statement
Long established fact that a reader will distracted
Our Savings Account Benefits
Exclusive benefits tailored for scholars, ensuring financial growth alongside educational pursuits.
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Competitive Profit Rates
Competitive profit rates for sustainable and Halal wealth growth.
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Digital Accessibility
Access to cutting-edge digital banking platforms for convenient account management.
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Rewards
Incentives such as bonuses or rewards for reaching savings milestones.
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Exclusive Offers
Avail special discounts, promotions, and deals from partner merchants.
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Waived Fees
Benefit from fee waivers on account maintenance or specific transaction charges.
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Youth Centric
Access services specifically designed to cater to the needs and aspirations of young individuals.
Eligibility to
Open Savings Account
Eligibility parameters for Tarweej Youth Savings Account.
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1
Age Criteria
Available for individuals within the specified youth age bracket 18-35
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2
Initial Deposit
Meet the specified minimum deposit requirement for opening the account.
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3
Residency Status
Individuals must be residents of the Telangana
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4
Compliance
Agree to comply with the bank's terms and conditions for the account.
1.0
kSaving account opened
in this year
Financial Terms & Charges
Your money is making money for you & Your Family.
Account Earning Rates
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Balance in account
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Earnings
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Transfer |
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Debit Card |
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Savings A/c Required Documents
Basic documents required for opening a savings account.
PAN Card
is Mandatory
Duly Filled
Application Form
Identity Proof
Address Proof
Passport Size
Color Photographs
Passport Size
Color Photographs
Questions & Answers
Find answers to all your queries about our service.
Help You to Find
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What is the minimum balance?
The minimum balance varies, but it typically starts at ₹ 1,000 for most accounts.
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Are savings accounts align with Islamic finance?
Yes, our personal savings accounts strictly adhere to Sharia principles.
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Online access to savings in line with Islamic values?
Yes, our online banking platform is designed to comply with Islamic financial principles.
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Are savings account profits Halal?
Yes, profits are generated through Sharia-compliant mechanisms, ensuring their permissibility.
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Ratio for profit sharing in savings?
The profit-sharing ratio is determined based on the Islamic finance principle of Mudarabah.
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