Askari Bank Limited has declared the following profit rates on it's PLS Deposits for the half year ended June 30, 2008.
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Saving Deposits Rate
Saving Accounts p.a%
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Upto Rs. 9,999 1.00 & 5.00*
Rs 10,000 to Rs. 24,999 2.50 & 5.00*
Rs. 25,000 to Rs. 99,999 3.00 & 5.00*
Rs. 100,000 to RS. 999,999 3.50 & 5.00*
RS. 1,000,000 and above 4.00 & 5.00*
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Askari Special Deposit Accounts (ASDA)
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Rs. 50,000 to Rs. 999,999 1.50 & 5.00*
Rs. 1,000,000 to Rs. 4,999,999 2.00 & 5.00*
Rs. 5,000,000 to Rs. 19,999,999 2.50 & 5.00*
Rs. 20,000,000 to Rs. 99,999,999 2.75 & 5.00*
Rs. 100,000,000 and above 3.00 & 5.00*
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Askari "Fisda" Accounts
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Rs. 50,000 and above 0.25 & 5.00*
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Askari " Faida" Accounts
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Rs. 50,000 to Rs. 999,999 1.50 & 5.00*
Rs. 1,000,000 to Rs. 4,999,999 2.50 & 5.00*
Rs. 5,000,000 and above 3.50 & 5.00*
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Value Plus Saving Accounts
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Upto Rs 9,999 1.00 & 5.00*
Rs. 10,000 to Rs. 24,999 2.50 & 5.00*
Rs. 25,000 and above 3.00 & 5.00*
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Notice Deposits
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7 days 2.00
29 days 3.00
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Term Deposits
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One month 4.00
Two months 4.50
Three months 5.00
Six months 5.50
One year 6.00
Two years 7.00
Three years 8.00
Five years and above 9.00
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Askari Advantage (TDR) Minimum Bal. Rs. 100,000 4.00
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Askari Bachat Certificates
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Three years 7.00
Five years 8.00
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Value Plus Time Deposits (Minimum Bal. Rs. 25,000)
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Three months 5.00
Six months 5.50
One year 6.00
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Askari Bank's Investment Certificates
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First month 4.00
Second month 4.50
Third month 5.00
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*Note 5% rate on PLS saving deposits is applicable w.e.f 1st June 2008 in compliance with the SBP directive.
-PR
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