At Faysal Bank we realize that every customer's financial needs are different. As a result, the Faysal Izafa Term Deposit is designed to provide individuals and corporate customers an opportunity to grow their money securely and earn attractive profits.
Features:
- Minimum required investment as low as Rs. 25,000/.
- Tenure from one year to five years.
- Annual, six monthly and monthly profit payment option available.
- Financing facility of up to 90% of the invested amount.
- First cheque book is provided free on investment of Rs. 300,000/ or more.
- Access to profit through online banking at all Faysal Bank branches and more than 3,000 ATMs countrywide.
| Saving Scheme Details |
| Scheme Type: | Non-Islamic |
| Type: | Certificate |
| Zakat Deduction: | 2.5% on first Ramadan |
| Min.Amount (Rs.) | Profit Freq. (Months) | Maturity (Months) | Rate (%) |
| 25000 | Yearly (12 Months) | 12 | 10.75% p.a. |
| 25000 | 24 | 24 | 10.5% p.a. |
| 25000 | Every Month | 12 | 10.25% p.a. |
| 25000 | Every Month | 24 | 10% p.a. |
| 25000 | Half Yearly (6 Months) | 6 | 8% p.a. |
