BisB Expands Tejoori Premium Investment Product with 'Tejoori Saver' & 'Tejoori Saver Lite' Segments
The newly introduced accounts operate under the same principles as Tejoori Premium, offering Sharia'a compliant returns, medical insurance, and eligibility for the Bank's popular Tejoori Al Islami and Tejoori Premium raffles. However, the 'Saver' and 'Saver Lite' accounts cater to customers with lower minimum deposit requirements, making them ideal for individual savers, SME owners and entrepreneurs seeking stable returns and added benefits.
'Tejoori Saver Lite' is available for deposits ranging from BHD 10,000 to BHD 24,999. 'As for Tejoori Saver', it is designated for deposits ranging between BHD 25,000 and BHD 49,999. Both accounts include upfront profit payment, silver medical insurance coverage (for Tejoori Saver only), and access to a Signature Credit Card with pledged deposit collateral.
Mr. Faisal Al Abdulla, Chief Retail Banking Officer at BisB, stated: 'The expansion of our Tejoori Premium products suite reflects our commitment to democratising access to smart, Sharia'a compliant investment solutions. With 'Tejoori Saver' and 'Saver Lite', we are extending the benefits of disciplined savings, competitive returns, and lifestyle privileges to a wider segment of our community. This initiative underscores our mission to integrate financial inclusion with long-term value creation.'
BisB's broader Tejoori Al Islami proposition comprises a diverse range of segment-specific products that address the unique financial needs of various customer groups. These include Tejoori Premium, the flagship account with hightier privileges; Tejoori for Her, for women; Tejoori First Time Winner, aimed to awarding the long-term account holders who have not won any prizes in the past,; Tejoori Youth, which supports young savers in building financial responsibility from an early age; Tejoori SME, tailored for entrepreneurs and retail businesses.
The launch of 'Tejoori Saver' and 'Tejoori Saver Lite' marks a strategic step forward in the continued development of BisB's savings ecosystem, reinforcing the Bank's role as a trusted partner in building financial resilience and prosperity for the community.
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