Participation Account

Profitable Partnership, Secure Future!

It is the type of account in which your savings are used in the financing of industry, trade and service sectors within the framework of the sense of interest-free banking, in line with the principles of participation banking, and the income is shared between Ziraat Katılım and the account holder within the framework of profit-loss sharing.

Why Should I Open a Participation Account?

Let your savings in TL, USD, EUR and XAU participation accounts both be secured by Ziraat Katılım and benefit from the profits obtained by using interest-free funding methods.

Features

  • You can open your participation account with a starting limit of at least 250 TL, USD and EUR.
  • You can open your participation account in TL, USD, EUR and XAU
  • You can open your participation accounts with a term of 1 month, 3 months, 6 months, 1 year or more than 1 year.
  • If you wish, you can open a participation account with flexible maturity option, that allows you to determine the duration yourself, for up to 1094 days.
  • You can also open an account with a term of 1 year and longer in which profit share is paid periodically.
  • You can also open your account as a flexible term participation account with the desired number of days of maturity provided that it is 32 days at the least and 1095 days at the most.
  • You can use your participation account together with your principal and profit share on due date.
  • Profit and loss participation rates that are valid at the moment the participation account is opened are recorded in the account books. These records remain valid until the date of maturity after the account is opened.
  • Income tax is deducted from the gross earnings of your profit due to the legal obligation.


How can I Open a Participation Account?

All you have to do is to open an account or to create a participation account by logging into our internet branch.

High profit sharing rate and lower tax advantage are provided.


 

It can be opened with a term of 372 days and the profit share payment can be made at 1 month, 3-month, 6-month or 1-year intervals depending on preference.

The account that enables putting your savings to good use for a long-term offers the advantage of higher profit sharing rate.

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