Wednesday , September 18 2019

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 are 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

Askari One Year Term Deposit

Other Details

Entire TDR amount (with or without profit) can be rolled-over upon request of 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