Askari Bank Limited One Year Term Deposit

Askari One Year Term Deposit

Askari Bank Limited has introduced Secure investment and attractive returns with Askari One Year Deposit Term.

Eligibility

Individuals (either singly or jointly), proprietorship concerns, partnership firms, public and private limited companies (including guarantee limited & single-member companies) government organizations, corporations, etc.

Detail is given below on this page.

Askari One Year Term Deposit

Tenure   : One Year

Profit Rate: Below Rs. 5.000 M:10.60% p.a

From Rs. 5.000 M to Rs. 19.999 M  :11.05% p.a

From Rs. 20.000 M to Rs. 49.999 M :11.40% p.a

From Rs. 50.000 M to Rs. 99.999 M :11.65% p.a

Above Rs. 100.000 M 12.00% p.a

Profit Payout: At maturity

Other Details

The entire TDR amount (with or without profit) can be rolled over upon request of the customer

TDRs are subject to deduction of Zakat as per the Zakat & Ushr Ordinance of 1980

Profit payments on TDRs are subject to deduction of withholding tax as per government rules.