 |
| |
Askari Paishgi Munafa Account
Askari Paishgi Munafa Account is a unique term deposit designed to meet the immediate financial needs of Individual investors who want to invest funds for a medium term. Now you don't have to wait the entire term to receive your profit. The most significant feature of this product is that the customer receives the entire profit upfront at the time of placement. So you can fulfill your financial needs today without depleting your savings. Salient features of the account are mentioned below: |
| ASKARI PAISHGI MUNAFA TERM DEPOSIT |
| Features |
Details |
| Product Type: |
Term Deposit. |
 |
| Eligibility: |
Pakistani Resident (Individuals). |
| Minimum Amount: |
Rs. 100,000/- or in multiples of Rs. 100,000/-. |
| Profit Amount: |
Rs. 11,000/- on a deposit amount of Rs. 100,000/- (expected rate of return 8.80% p.a) |
| Tenure: |
15 Months. |
| Benefits: |
1. Financing Facility up to 80% of Principal amount. |
| 2. Free Visa Debit Card issuance. |
| 3. No Minimum Balance requirement in checking account. |
| 4. 2 Free Pay Orders in a month (Withholding Tax and other Government charges will be applicable as per Law). |
| 5. No maximum limit for investment. |
All profits payable are subject to applicable Zakat and Govt. levies and changes in the Banks policies from time to time. |
|
