Bolan Bank declares PLS profit rates

20 Jan, 2004

Bolan Bank Limited has declared rates of profit on PLS deposits for the period of six months ended on December 31, 2003.

======================================================================
Nature of Deposits % p.a.
----------------------------------------------------------------------
Bolan Business Premium Deposit Account:
----------------------------------------------------------------------
Upto Rs 5,000,000 0.00
Above Rs 5m to Rs 10m 2.00
Above Rs 10m to Rs 50m 2.50
Above Rs 50m to Rs 100m 3.00
Above Rs 100m 4.00
----------------------------------------------------------------------
Bolan Mahana Amdani Deposit Account:
----------------------------------------------------------------------
(i) With Chequing Facilities: (No restriction of withdrawals)
----------------------------------------------------------------------
Upto Rs 25,000/- 0.00
Above Rs 25,000/- 1.50
----------------------------------------------------------------------
(ii) Term Deposits Account:
----------------------------------------------------------------------
Upto Rs 25,000/- 0.00
----------------------------------------------------------------------
Above Rs 25,000/-
----------------------------------------------------------------------
1 year 3.00
2 years 3.50
3 years 4.00
4 years 4.50
5 years 5.00
----------------------------------------------------------------------
Special Deposit Account:
----------------------------------------------------------------------
Upto Rs 10,000,000 0.00
----------------------------------------------------------------------
For a fixed period:
----------------------------------------------------------------------
3 months 3.25
6 months 3.50
1 year 4.00
----------------------------------------------------------------------
Special Notice Deposits:
----------------------------------------------------------------------
(i) 7 to 29 days 2.00
(ii) 30 days and over 2.50
----------------------------------------------------------------------
Saving Accounts:
----------------------------------------------------------------------
Upto Rs 5,000 0.00
Upto Rs 5,001 to Rs 50,000 1.00
Upto Rs 50,001 to Rs 100,000 1.50
Upto Rs 100,001 to Rs 500,000 2.00
Upto Rs 500,001 to Rs 1,000,000 2.25
Upto Rs 1,000,001 to Rs 10,000,000 2.50
Upto Rs 10,000,001 to Rs 50,000,000 2.75
Upto Rs 50,000,001 to Rs 100,000,000 3.00
Above Rs 100m 4.00
----------------------------------------------------------------------
Term Deposits Receipts:
----------------------------------------------------------------------
For 3 months 3.00
For 6 months 3.25
For 1 year 3.50
For 2 years 4.50
For 3 years 5.00
For 4 years 5.50
For 5 years 6.00
======================================================================

Read Comments