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Indicative Profit Rates: Savings Accounts Term Deposits

The document outlines indicative profit rates for various conventional deposit products offered by a bank as of January 1st, 2022. Savings accounts range from 8.25-8.75% profit paid semi-annually or monthly depending on the account. Term deposits range from 6.5-10.75% profit paid at maturity for terms of 1 month to 5 years. Foreign currency deposits offer 0.25% profit for USD and GBP accounts and 0% for EUR accounts. All rates are annual percentages and terms and conditions apply.

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Hammad Haseeb
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0% found this document useful (0 votes)
413 views

Indicative Profit Rates: Savings Accounts Term Deposits

The document outlines indicative profit rates for various conventional deposit products offered by a bank as of January 1st, 2022. Savings accounts range from 8.25-8.75% profit paid semi-annually or monthly depending on the account. Term deposits range from 6.5-10.75% profit paid at maturity for terms of 1 month to 5 years. Foreign currency deposits offer 0.25% profit for USD and GBP accounts and 0% for EUR accounts. All rates are annual percentages and terms and conditions apply.

Uploaded by

Hammad Haseeb
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Indicative Profit Rates

(For Conventional Deposit Products on “Per Annum ” basis)


Effective January 1st, 2022

SAVINGS ACCOUNTS TERM DEPOSITS


Askari Asaan Account Short Notice Deposit Receipt (SNDR)
Profit Payment Profit Rate Tenor Payout Profit Rate
Semi-Annually 8.25% 7 Days 6.50%
Maturity
29 Days 6.50%

PLS Savings Term Deposits


Profit Payment Profit Rate Tenor Payout Profit Rate
Semi-Annually 8.25% One Month 8.25%
Two Months 8.25%
Little Champs Account Three Months 8.50%
Profit Payment Profit Rate Six Months 8.50%
Maturity
Semi-Annually 8.25% One Year 9.00%
Two Years 9.00%
Askari Special Deposit Account (ASDA) Three Years 9.25%
Profit Payment Profit Rate Five Years 9.25%
Monthly 8.25%
Askari Waqaar Account - Senior Citizen - Term Deposit
Askari Waqaar Account - Senior Citizen Tenor Payout Profit Rate
Profit Payment Profit Rate One Year Monthly 9.25%
Monthly 8.75%
Askari Bachat Account -Individual/Corporate and
PakWatan Remittance Account Value Plus Term Deposit*
Profit Payment Profit Rate Tenor Payout Profit Rate
Monthly 8.25% One Year Monthly 7.50%
Two Years Monthly/ Quarterly/ Annual 7.50%
* Discontinued - No Fresh Booking Allowed

Askari Maximiser Savings Account Askari Maximiser - Term Deposit


Profit Payment Profit Rate Tenor Payout Profit Rate
Monthly 8.30% One Year 9.25%
Quarterly 8.40% Two Years 9.75%
Monthly
Semi-Annually 8.50% Three Years 10.25%
Annually 8.75% Five Years 10.75%

PLS Pensioners Account FCY USD GBP EUR


Profit Payment Profit Rate Savings Account 0.25% 0.25% 0.00%
Semi-Annually 8.50% Term Deposits 0.25% 0.25% 0.00%

Note:
- All bank charges are applicable as per prevailing Schedule of Charges
- Terms and Conditions applicable
- Zakat and Tax applicable as per Law
- Profit will be calculated on account monthly average balance for all Savings Accounts
- Minimum Savings Rate (as per SBP) will be applied for all accounts of discontinued Savings Products
- Negotiated Rates will be market based rates and applicable on relationship basis

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