Home Private Investments Graduation Account

Graduation Account

First step to secure your child's future

Boubyan Bank’s Graduation deposit program is a long-term savings plan, which provides you with the best scheme to invest in your children’s future.
This long-term investment program is covered by Boubyan Takaful insurance and is designed under a Mudaraba contract to guarantee secure profit.

Benefits

  • Fixed monthly installments
  • Full insurance coverage provided by Boubyan Takaful Insurance Company
  • Monthly high-rate profit earnings distributed upon account maturity
  • Possibility to break the deposit any time before maturity and you will receive the entire savings account with the profit till the period of time

Terms & Conditions

  • Flexible target savings starting from a minimum of KWD 10,000 to a maximum KWD 250,000
  • Maturity date period ranges from 4 to 18 years
  • Monthly installment amounts will be deducted automatically from the cardholder’s account
  • The Graduation Deposit Program account matures when the set target amount is reached or the beneficiary turns 18 years old
     

Eligibility

  • Boubyan Bank customers with a salary above KWD 1,000 are eligible to apply
  • For individual customers only 
  • The cardholder should not be older than 60 years and the beneficiary should not be more than 14 years old at the time of the opening
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