Bank Al Falah limited has declared rates of profit on PLS deposits for the period of six months ended on December 31, 2003.
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TYPE OF DEPOSITS: %p.a
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PLS SAVING ACCOUNT:
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For Individuals and Corporate From 1st July 2003
To 31st December 2003
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On Balance upto Rs 24,999 1.50
On Rs 25,000 and above 1.50
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For Financial Institutions, NBFI's and DFI's
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On Balance upto Rs 24,999 1.00
On Rs 25,000 and above 1.00
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From 1st From 1st From 1st
Jul 2003 Aug 2003 Sept 2003
To 31st July To 31st Aug To 31st Dec
2003 2003 2003
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Notice Deposits:
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For Individuals and Corporate
7-29 days 2.00 2.00 1.50
30 days & above 2.00 2.00 1.50
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For Financial Institutions, NBFI's and DFI's
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7-29 days - - 1.00
30 days & above - - 1.00
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Term Deposits:
For Individuals and Corporate
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1 month 2.00 2.00 1.50
3 months 2.25 2.25 1.75
6 months 2.50 2.50 2.00
1 year 2.75 2.75 2.25
2 years 6.00 6.00 6.00
3 years 6.50 6.50 6.50
4 Years 7.00 7.00 7.00
5 Years 7.50 7.50 7.50
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For Financial Institutions, NBFI's and DFI's
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1 month - - 1.00
3 months - - 1.25
6 months - - 1.50
1 year - - 1.75
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Royal Profit:
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From 1st From 1st From 1st
Jul 2003 Aug 2003 Sept 2003
To 31st July To 31st Aug To 31st Dec
2003 2003 2003
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From 50,000 to 999,999 2.75 2.25 1.50
From 1,000,000 to 9,999,999 3.00 2.75 1.75
From 10,000,000 to 49,999,999 3.50 3.25 2.00
From 50,000,000 to 149,999,999 4.00 3.75 2.50
From 150,000,000 to be quoted to be quote to be quoted
& above by Treasury by Treasury by Treasury
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Royal Profit Return for Financial
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Institutions, NBFI's and DFI's 1.75 1.25 1.25
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From 1st July 2003
To 31st December 2003
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Monthly Income Account(Discontinued):
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Twelve months 7.80
Twenty four months 8.04
Thirty six months 8.76
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From 1st From 1st From 1st
Jul 2003 Aug 2003 Sept 2003
To 31st July To 31st Aug To 31st Dec
2003 2003 2003
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Royal Patriot*
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25,000 - 999,999
1 month 2.00 2.00 1.50
3 months 2.25 2.25 1.75
6 months 2.50 2.50 2.00
12 months 2.75 2.75 2.25
2 years 5.50 5.50 5.50
1,000,000 - 4,999,999
1 month 2.10 2.10 1.60
3 months 2.35 2.35 1.85
6 months 2.60 2.60 2.10
12 months 2.85 2.85 2.35
2 years 5.85 5.85 5.85
5,000,000 & above
1 month 2.20 2.20 1.70
3 months 2.45 2.45 1.95
6 months 2.70 2.70 2.20
12 months 2.95 2.95 2.45
2 years 5.95 5.95 5.95
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From 1st July 2003
To 31st December 2003
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Anmol Deposit(Discontinued):
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3 months 4.60
6 months 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
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* Mobilization of Royal Patriot deposits from Financial Institutions, NBFI's and DFI's has been stopped from September 01, 2003.
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