Overview
The Interim Profit Payment Participation Account allows you to open an account in TRY or foreign currency, offering periodic profit payments at your chosen intervals while enabling long-term savings.
Features
- Choose profit payment intervals of 1 month, 3 months, 6 months, or at the end of the maturity period, according to your preference.
- These accounts are insured up to TRY 650,000 by the Savings Deposit Insurance Fund (SDIF).
- No account maintenance fees are charged for interim profit payment participation accounts.
- Make up to two withdrawals per term or withdraw up to 50% of the account's opening balance.
- Deposits can only be made on the maturity dates. No deposits are allowed during interim periods.
- Benefit from lower income tax with this long-term profit-generating account.