Saturday, September 12, 2009

Can you imagine a bank gives a loan without any interest?.................

It is not believable in this era, but , it is true. A bank known as Muslim Fund at Jamshedpur. The bank was established by Hazi Abdul Hakim Ansari and today this bank has 20000 bank accounts and there are 15 employees working in this bacnk. This bank also files the returns after the audit.
Then how the salary comes to these employees ….
This banks charges 80 paisa as service tax in every 100 Rupees at the time of granting the loans to any needy person and this service charge immediately reduce from the loaning amount and this amount used to giving the salary to the employee.

This bank also does not give any interest on saving account and can give only the 19500/- at a time as loan.
The basic objective of this bank is to provide the loan to needy person and this muslim bank is not giving the loan only to muslims but also to all communities.

This is really an appreciable steps by Mr Ansari. Yeh Hai Mera India.

Proud to be an Indian…………

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