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
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
