Marriage Account

If you are under the age of 24, you can benefit from up to 25% of the state contribution and make best use of your savings with high profit share by opening Marriage Account at Albaraka Türk!

Features

• It can only be opened in TL currency.
• As cumulative participation account with a maturity term of 3 years, it is opened with profit share rate of 95 (Customer) - 5 (Bank).
• Marriage Account can be opened with a minimum of 282,83 TL.
• Marriage Account cannot be opened as a joint account.
• Marriage Account can be transferred to another bank. The account transfer will be carried out at the end of the term and provided that you inform the Bank of the transfer request at least 1 month in advance.
• 0% Income Tax (withholding) is applied to your gross profit due to legal obligation.
• Profit is shared made annually.
• If you wish, you can give automatic payment order from your Private Current Account.
• Albaraka Türk does not charge account operation fee.
• Marriage Account can be opened by Turkish citizens or those who are included in Article 28 of Turkish Citizenship Law numbered 5901 (Within the scope of the rights granted to persons who have lost Turkish citizenship by obtaining a residence permit) as long as they are not married before and under the age of 24.
• Both of soon-to-wed couple can open the marriage account.