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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mybank Fixed Term Deposit Scheme by mybank

Non-Islamic Saving Schemes in Pakistan
Created: Thursday, 02 March 2006 19:42
Modified: Thursday, 29 October 2009 05:27
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mybank Fixed Term Deposit Scheme
  • The initial deposit will be Rs. 1000.
  • It will be a non-remunerative account.
  • No limit on minimum balance. In cases, where balance in BBA remains nil for a continuous six month period, such accounts will be closed.
  • There is no fee for maintaining BBA.
  • Maximum four deposit transactions and two withdrawls through cash/clearing per month are allowed free of charges.
  • Unlimited and free of charge, ATM withdrawals from the bank's own ATMs. In case of withdrawal from BBA through the ATM of other banks,the respective otherbank will recover charges for such transactions.
  • Statement of account will be issued once in a year.

    •  

    Features:

    • 90% financing will be allowed against the deposit.
    • Issuance of Free ATM Card.
    • 9 am to 5 pm banking facility available at all branches across the country.


    Note: The profit payment will be subject to the following conditions:

    • Penal Interest @ 2.00% will be charged on pre-mature Term Deposit from the date of encashment till the date of maturity under this scheme.
    • Deduction of Zakat and Withholding Tax as per laws.
    Saving Scheme Details
    Scheme Type:Non-Islamic
    Type:Certificate
    ATM/Debit Card:Yes
    Zakat Deduction:2.5% on first Ramadan
    Profit Rate Table
    Min.Amount (Rs.)Profit Freq. (Months)Maturity (Months)Rate (%)
    1000Every Month3610.5% p.a.
    1000Every Month2410.25% p.a.
    1000Every Month1210% p.a.
    Published in Non-Islamic Saving Schemes in Pakistan
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