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Print Print edition: 2011-01-20

Bank Alfalah declares profit rates

Published Updated

Bank Alfalah Limited has declared the profit rates on PLS deposits for the period of six months from 01 July 2010 to 31 December 2010.



=====================================================================
Bank Alfalah Limited
=====================================================================
TYPE OF DEPOSITS Annual Rates
1.PLS SAVING ACCOUNT For Financial For Individuals
Institutions
NBFIs and DFIs and Corporate
=====================================================================
- ON Balance upto Rs 24,999 5.00% 5.00%
- ON Rs 25,000 and above 5.00% 5.00%
---------------------------------------------------------------------
2.NOTICE DEPOSITS For Individuals For Financial
and Corporate Institutions
NBFIs and DFIs
---------------------------------------------------------------------
7 - 29 days 4.00% 1.00%
30 days & above 4.50% 1.00%
---------------------------------------------------------------------
3.TERM DEPOSITS For For Financial
Individuals Institutions
NBFIs, DFIs
and Corporate
---------------------------------------------------------------------
1 Month 4.50%
3 Months 5.00%
6 Months 5.25%
1 Year 5.50%
2 Years 6.00%
3 Years 6.50%
4 Years 7.00%
5 Years 7.50%
---------------------------------------------------------------------
4.ROYAL PROFIT For Individuals
and Corporate
---------------------------------------------------------------------
Balance up to Rs 49,999/- 5.00%
From Rs 50,000 to 999,999 5.00%
From Rs 1,000,000 to 4,999,999 5.00%
Rs 5,000,000 and above
---------------------------------------------------------------------
Royal Profit Return for Financial
Institutions, NBFIs and DFIs 5.00%
---------------------------------------------------------------------
5.ROYAL PATRIOT Rs Rs Rs
25,000 to 1,000,000 to 5,000,000
999,999 4,999,999 & above
---------------------------------------------------------------------
1 Month 3.00% 3.10% 3.50%
3 Months 3.50% 3.60% 3.70%
6 Months 4.00% 4.10% 4.20%
12 Months 4.50% 4.60% 4.70%
2 Years 5.50% 5.60% 5.70%
---------------------------------------------------------------------
6.ANMOL DEPOSIT (Discontinued)
---------------------------------------------------------------------
3 Months 4.60%
6 Month 4.93%
1 Year 5.26%
1 Year & 6 Months 5.42%
2 Years 5.75%
2 Years & 6 Months 5.92%
3 Years 6.08%
3 Years & 6 Months 6.24%
4 Years 6.57%
4 Years & 6 Months 6.74%
5 Years 6.90%
5 Years & 6 Months 7.07%
6 Years 7.23%
6 Years & 6 Months 7.56%
7 Years 8.00%
---------------------------------------------------------------------
7.MONTHLY INCOME ACCOUNT (Discontinued)
---------------------------------------------------------------------
1 Year 7.80%
2 Years 8.04%
3 Years 8.76%
---------------------------------------------------------------------
8.ALFALAH MAHANA AMDAN ACCOUNT
---------------------------------------------------------------------
Three years term deposits 10.00%
One year term deposits 13.50%
(deposits raised up to March 07, 2009)
One year term deposits 10.50%
(deposits raised after March 07, 2009)
---------------------------------------------------------------------
9.ALFALAH KIFAYAT ACCOUNT
---------------------------------------------------------------------
Alfalah Kifayat Account 7.00%
---------------------------------------------------------------------
10.ALFALAH EDUCATION (Term Deposit)
---------------------------------------------------------------------
Alfalah Education (Term Deposit) 7.00%
=====================================================================

Copyright Business Recorder, 2011

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