Gain with the Production Account

The "Gain with Production" Participation Account consists of monthly rent-paying participation accounts, acting as a special fund pool created for our customers with legal entity status who produce and support production, to be used in financing the purchase of all kinds of new (0) movable and immovable property that may be subject to financial leasing transactions.

The "Gain with Production" Participation Account, where customers who want to support production through financial leasing and share in the earnings are included in the system, is a type of account where funds can be opened in TL, USD, and Euro; based on the principle of participation in profit or loss resulting from the evaluation of collected funds through a special fund pool separate from other participation accounts; where no pre-determined return under names such as interest is paid to the account holder; where the repayment of the principal is not guaranteed; which does not share the same pool as other participation pools; and which offers the account holder a different, special profit-sharing ratio compared to other participation accounts.

During the opening process of the "Gain with Production" Special Fund Pool Participation Account, a participation account will be opened when our customers use financial leasing financing. During this period, funds deposited by savers will be held in a "Gain with Production" Special Current Account. This period is limited to a maximum of two months.

Accounts can be opened with monthly profit-share payments and a one-year maturity.

Savings that our customers request to be evaluated in the "Gain with Production" Special Pool are utilized in financing used by companies via financial leasing methods, in accordance with Participation Banking principles.

Key Features of the "Gain with Production" Participation Account:

•  The start date of the monthly rent-paying "Gain with Production" Participation Account and the project maturity will be the same.
•  The account maturity is 12 months.
•  The monthly rental income that our customers are entitled to for the amount they have deposited will be notified prior to the financial leasing transaction.
•  Payments can be made depending on the collection of financing within the scope of the special fund pool.
•  The account cannot be closed before maturity.
•  No money deposits or withdrawals can be made to the account after the opening of the "Gain with Production" Participation Account.
•  The profit-sharing ratio is 90/10.
•  Accounts can be opened in Turkish Lira, USD, and Euro.
•  Account lower limits are 10,000 TL, 500 USD, and 500 Euro.
•  Withholding tax amount: It is collected over the profit at the current withholding tax rate. As it is a long-term account, it provides a high-yield advantage, and the withholding tax rate is low.

Channels for Transactions:

 Branch

Transaction Process:

• A "Gain with Production" Special Current Account must be opened at our Bank.
• During the opening process of the "Gain with Production" Special Current Account, the "Gain with Production" Special Fund Pool Participation Account Agreement and the "Gain with Production" Special Fund Pool Participation Account Transaction Instruction must be signed by our customers.
• At this stage, a balance must be deposited into the account to be opened. Accounts with a minimum balance of 10,000 TL, 500 USD, or 500 Euro are matched with a financial leasing project.
• After our customer deposits their savings into the "Gain with Production" Special Current Account, the transactions will be carried out when a relevant financial leasing project is found. This process is expected to be completed within a maximum of two months. If no project is found, the customer has the right to freely dispose of the amount in their special current account.
• If no profit is made from the financial leasing project, if the project installments are not paid, or if a loss is incurred, no profit payment will be made, and our customer may experience a loss in their principal.
• Balances in "Gain with Production" Special Current Accounts remain at the disposal of our customers until project matching is done; after project matching, no money deposits or withdrawals can be made to the accounts, and the accounts cannot be closed under any circumstances.