Salient Features :
- Account Type: Term Deposit
- Term Period: 1-12 months
- Investment: Rs. 25,000 & above
- Profit: Payable on maturity
- Eligibility: Individuals & Institutions
ABL Rewarding Term Deposit by Allied Bank
Non-Islamic Saving Schemes in PakistanCreated: Thursday, 13 July 2006 23:07
Modified: Monday, 26 October 2009 22:45
A term deposit scheme which gives a high rate of return and the flexibility of various tenure. Investment can be made with the minimum of PKR 25,000 only.
| Saving Scheme Details | |
| Scheme Type: | Non-Islamic |
| Type: | Account |
| Zakat Deduction: | 2.5% on first Ramadan |
| Profit Rate Table |
| Min.Amount (Rs.) | Maturity (Months) | Rate (%) |
| 25000 | 1 | 7% p.a. |
| 25000 | 3 | 9% p.a. |
| 25000 | 6 | 9.5% p.a. |
| 25000 | 12 | 10.5% p.a. |
Published in
Non-Islamic Saving Schemes in Pakistan
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