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Deposit Profit Rates Overview

The document outlines indicative profit rates for conventional deposit products offered by Askari Bank effective July 1, 2023. It provides profit rates for various savings accounts and term deposits with tenors ranging from 7 days to 5 years, as well as rates for foreign currency accounts in USD, GBP and EUR.

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Muhammad Ahsan
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0% found this document useful (0 votes)
140 views1 page

Deposit Profit Rates Overview

The document outlines indicative profit rates for conventional deposit products offered by Askari Bank effective July 1, 2023. It provides profit rates for various savings accounts and term deposits with tenors ranging from 7 days to 5 years, as well as rates for foreign currency accounts in USD, GBP and EUR.

Uploaded by

Muhammad Ahsan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Indicative Profit Rates

(For Conventional Deposit Products on “Per Annum ” basis)


Effective July 1st, 2023

SAVINGS ACCOUNTS Change TERM DEPOSITS


Askari Asaan Account Short Notice Deposit Receipt (SNDR)
Profit Payment Profit Rate Tenor Payout Profit Rate
Semi-Annually 20.50% 7 Days 17.50%
Maturity
29 Days 17.50%

PLS Savings Term Deposits


Profit Payment Profit Rate Tenor Payout Profit Rate
Semi-Annually 20.50% One Month 18.25%
Two Months 18.50%
Little Champs Account Three Months 19.00%
Profit Payment Profit Rate Six Months 19.25%
Maturity
Semi-Annually 20.50% One Year 20.00%
Two Years 17.50%
Askari Special Deposit Account (ASDA) Three Years 17.00%
Profit Payment Profit Rate Five Years 14.50%
Monthly 20.50%
Askari Waqaar Account - Senior Citizen - Term Deposit
Askari Waqaar Account - Senior Citizen Tenor Payout Profit Rate
Profit Payment Profit Rate One Year Monthly 19.55%
Monthly 20.60%
Askari Bachat Account -Individual/Corporate and
PakWatan Remittance Account Value Plus Term Deposit*
Profit Payment Profit Rate Tenor Payout Profit Rate
Monthly 20.50% One Year Monthly 17.00%
Two Years Monthly/ Quarterly/ Annual 15.00%
Askari Sahar Savings Account * Discontinued - No Fresh Booking Allowed
Profit Payment Profit Rate
Monthly 20.50% Askari Maximiser - Term Deposit
Tenor Payout Profit Rate
Askari Maximiser Savings Account One Year 19.50%
Profit Payment Profit Rate Two Years 15.00%
Monthly
Monthly 20.50% Three Years 15.00%
Quarterly 20.55% Five Years 13.50%
Semi-Annually 20.60%
Annually 20.70% Askari Sahar - Term Deposit
Tenor Payout Profit Rate
PLS Pensioners Account One Year 19.55%
Profit Payment Profit Rate Three Years Monthly 15.00%
Semi-Annually 20.75% #REF! Five Years 14.00%

FCY USD GBP EUR


Savings Account 0.25% 0.25% 0.00%

Note: Term Deposits 0.25% 0.25% 0.00%


- All bank charges are applicable as per prevailing Schedule of Charges
- Terms and Conditions applicable
- Zakat and Tax applicable as per Law
- Profit will be calculated on account monthly average balance for all Savings Accounts
- Minimum Savings Rate (as per SBP) will be applied for all accounts of discontinued Savings Products or Savings Product not mentioned above.
- Rack Rate of respective tenor of Term Deposits will be applied on discontinued Term Deposits Products (Except ABA)
- Negotiated Rates will be market based rates and applicable on relationship basis

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