The Industrial Development Bank of Pakistan (IDBP) has announced the following rates of profit on different categories of PLS deposits for the half-year ended 31st December 2010:
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Categories of deposits Rates
i) Special Notice Deposits: per annum
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7- 29 days notice: 2.50% p.a
30 days & over: 3.00% p.a
ii) Saving Account: 5.00% p.a
iii) Business Deposit Account:
Upto deposit of Rs 100 million 5.00% p.a
Above Rs 100 million to Rs 500 million 5.25% p.a
Above Rs 500 million to Rs 750 million 5.50% p.a
Above Rs 750 million to Rs 1 billion 5.75% p.a
Above Rs 1 billion 6.00% p.a
iv) Term Deposits:
On deposits w.e.f. 01.05.2009
(12 months & above tenor): 12.00% p.a
v) Mahana Amadni Scheme:
Deposits obtained w.e.f. 01.05.2009
(tenor one year): 12.00% p.a
vi) Employees Behbood Scheme
(As per scheme) (one year tenor): 12.00% p.a
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-PR