Latest News LAHORE: PRIME MINISTER GILANI DIRECTS IT MINISTER TO EXPEDITE LICENSE AWARDING PROCESS FOR 3 G       |   LAHORE: PRIME MINISTER GILANI ANNOUNCES 30 VIRTUAL UNIVERSITY IT COMPLEXES ACROSS PAKISTAN       |   MUMBAI: AUSTRALIAN IPL PLAYER LUKE POMERSBACH GETS BAIL, NON BAILABLE CHARGE DROPPED DUE TO LACK OF EVIDENCE       |   MUMBAI: LUKE POMERSBACH HAS TO SURRENDER PASSPORT, SUBMIT BAIL BONDS OF Rs 30,000 EACH       |   NOWSHERA: ONE GUNNED DOWN BY UNIDENTIFIED PERSONS IN ALI BAIG: POLICE       |    Updated: 20-05-12, 1:30 pm (Pakistan Standard Time - PST)
Karachi Stock Exchange Live Rates LOTPTA 8.52   -.71     PTC 15.49   -.1     JSCL 16.57   .63     DGKC 40.49   -2.01     EFOODS 64.75   1.15     BYCO 10.29   .96     ENGRO 98.73   -4.26     BAFL 16.52   -.46     FCCL 5.83   -.26     HUBC 38.01   -.8     LUCK 121.52   -4.21     NBP 44.3   -.92     FATIMA 23.63   -.59     NML 49.78   -2.06     AHCL 33.29   -.83     FFC 115.99   -2.25     NIB 2.16   -.01     AICL 75.39   3.59     KESC 3.54   -.06     PSO 253.2   -6.41     FFBL 40.28   -.74     PPL 182.29   -3.89     TRG 3.51   -.12     EPCL 11.24   -.26     POL 363.25   -7.02     SILK 2.13   -.08     ATRL 120.2   -3.84     UBL 78.67   -4.14     PAKRI 16.29   .01     AKBL 14.38   -.39      --- Updated: 19-05-12, 10:47 am (Pakistan Standard Time - PST)
Lahore Stock Exchange Live Rates AHCL 33.50 -0.6  AKBL 14.40 -0.29  ATRL 120.00 -4.6  BAFL 16.75 -1  BOP 8.65 -0.33  BYCO 10.30 1  DGKC 40.90 -1.47  DSFL 1.80 -0.06  ENGRO 99.10 -2.9  FATIMA 23.80 -0.88  FCCL 5.89 -0.16  FFBL 40.35 -0.96  FFC 116.00 -2.2  JPGL 1.67 0  LOTPTA 8.55 -0.68  LPCL 4.16 -0.26  NBP 44.50 -0.67  NCL 19.00 0  NIB 2.18 -0.02  NICL 3.33 0  NML 49.80 -1.99  PACE 2.45 -0.07  PAKRI 16.15 -0.3  SILK 2.19 -0.03  WTL 2.81 -0.04   --- Updated: 18-05-12, 4:06 pm (Pakistan Standard Time - PST)
Islamabad Stock Exchange Live Rates BOP 8.650.33    LOTPTA 8.530.7    DGKC 40.451.92    FCCL 5.850.2    NBP 44.290.88    PTC 15.490.09    ENGRO 98.623.38    PPL 182.53.96    AKBL 14.350.34    FFBL 40.450.86    MCB 1704.07    ATRL 1204.6    LUCK 122.26    UBL 78.913.9    SNGP 19.660.34    PSO 253.26.41    SSGC 20.890.15    POL 363.257.75    PIAA 2.150.06    HUBC 38.010.8    PIOC 11.180.13    OGDC 158.281.94    KAPCO 43.050.17    --- Updated: 19-05-12, 10:05 am (Pakistan Standard Time - PST)
Live Forex Rates Againt Pakistan Rupee Open Market Currency Rates [In Pak Rupee]: US Dollar 91.40 92.00 Euro 116.40 118.64 Great Britain Pound 144.89 147.63 Japanese Yen 1.1255 1.1451 Canadian Dollar 90.10 92.48 Hong Kong Dollar 11.50 11.76 UAE Dirham 24.58 25.03 Saudi Riyal 24.09 24.50 Kuwaiti Dinar 322.26 330.97 Qatar Riyal 24.76 25.23 Omani Riyal 234.30 238.52 Bahraini Dinar 239.24 243.50 Australian Dollar 90.27 92.81 Indian Rupee ---  ---  Swiss Franc 96.99 98.68 Danish Krona 15.59 15.92 Norwegian Krona 15.32 15.63 Swedish Krona 12.88 13.16 --- Updated: 19-05-12, 10:03 am (Pakistan Standard Time - PST)
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Multiplier Account

Non-Islamic Saving Schemes in Pakistan
Created: Tuesday, 14 February 2006 02:42
Modified: Sunday, 25 October 2009 17:29
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Multiplier Account
  • The minimum amount required to open and maintain the account is Rs. 1 Million.
  • Profit is accrued on a DAILY product basis and credited to your account monthly.
  • Accrual of Profit is is on balance of Rs. 1 Million and above.


Profit Rates

In case balance of Rs. 1 Million not maintained for any day profit will be paid @ 5.00% p.a. for the month. If the balance is maintained over Rs. 1 Million, the profit rate would be 8.00%

Free Services:

  • Cheque Book(s) Statement of Account
  • HMB ATM / Debit Card Stop payment of Cheques
  • Pay Order Webinfo & Teleinfo Services
  • Statement of Account
  • Stop payment of Cheques
  • Pay Order  Webinfo & Teleinfo Services

TERMS OF USE

  • In the case of term deposits not en-cashed on maturity, principal amount will automatically be renewed for the same period for which the Deposit was originally placed.
  • On premature withdrawal of Term Deposits, the profit will be paid as per the rate applicable for period deposit held.
  • All above Indicative Profit Rates are subject to Government of Pakistan Levies as applicable from time to time.
  • In all above products Zakat / Govt. levies will be applicable as per rules.
  • In case balance of Rs. 1 Million not maintained for any day profit will be paid @ 5.00% p.a. for the month.
Saving Scheme Details
Scheme Type:Non-Islamic
Profit Percentage:5
Type:Account
ATM/Debit Card:Yes
Zakat Deduction:2.5% on first Ramadan
Profit Rate Table
Min.Amount (Rs.)Profit Freq. (Months)Rate (%)
10000000Every Month8% p.a.
Published in Non-Islamic Saving Schemes in Pakistan
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