Indicative Profit Rates
(For Conventional Deposit Products on “Per Annum ” basis)
Effective January 1, 2025
SAVINGS ACCOUNTS Change TERM DEPOSITS
Askari Asaan Account Short Notice Deposit Receipt (SNDR)
Profit Payment Profit Rate Tenor Payout Profit Rate
Semi-Annually 11.50% 7 Days 6.00%
Maturity
29 Days 6.50%
PLS Savings
Profit Payment Profit Rate Term Deposits
Semi-Annually 11.50% Tenor Payout Profit Rate
One Month 7.00%
Little Champs Account Two Months 7.50%
Profit Payment Profit Rate Three Months 7.75%
Semi-Annually 11.50% Six Months 8.00%
Maturity
One Year 8.75%
Askari Special Deposit Account (ASDA) Two Years 8.00%
Profit Payment Profit Rate Three Years** 6.00%
Quarterly 11.50% Five Years ** 6.00%
Semi-Annually 11.50%
Term Deposits
Askari Waqaar Account - Senior Citizen Tenor Payout Profit Rate
Profit Payment Profit Rate Three Months Monthly 7.25%
Monthly 11.50% Six Months Monthly 7.50%
Six Months Quarterly 7.75%
PakWatan Remittance Account
Profit Payment Profit Rate Askari Waqaar Account - Senior Citizen - Term Deposit
Monthly 11.50% Tenor Payout Profit Rate
One Year Monthly 8.75%
Askari Sahar Savings Account
Profit Payment Profit Rate Askari Bachat Account - Individual/Corporate and Value Plus Term
Monthly 11.50% Deposit**
Tenor Payout Profit Rate
Askari Maximiser Savings Account One Year Monthly 6.00%
Profit Payment Profit Rate Two Years Monthly/ Quarterly/ Annual 6.00%
Quarterly 11.50%
Semi-Annually 11.50% Askari Maximiser - Term Deposit
Annually 11.60% Tenor Payout Profit Rate
One Year 8.50%
PLS Pensioners Account Two Years 7.00%
Monthly
Profit Payment Profit Rate Three Years** 6.00%
Semi-Annually 11.75% Five Years** 6.00%
Institutional Savings Plus Account Askari Sahar - Term Deposit
Profit Payment Profit Rate Tenor Payout Profit Rate
Monthly 8.00% One Year 8.75%
Quarterly 8.50% Three Years** Monthly 6.00%
Effective from January 1, 2025: Five Years** 6.00%
- Short Notice Deposit Receipts (SNDR) for 7 and 29 days, along with One Month Term
Deposits with profit payout at maturity, are open for new bookings and rollovers.
- Three Years and Five-Years Term Deposits Products are no longer open for new bookings. FCY USD GBP EUR
- Profit payout frequency for Monthly Variants of Askari Special Deposit Account (ASDA) and Savings Account 0.25% 0.25% 0.00%
the Askari Maximiser Savings Account (ASMM) has been changed from Monthly to Quarterly.
Term Deposits 0.25% 0.25% 0.00%
- The rate for Financial Institutions, Public Sector Enterprises (PSEs), and Public Limited
Companies will be 8.5% on all LCY Savings Products. ** Discontinued - No Fresh Booking Allowed
Note:
- Terms and Conditions applicable. Zakat and Tax applicable as per Law.
- Profit will be calculated on a monthly average balance for all Savings Accounts.
- Minimum Savings Rate (as per SBP) will be applied for all accounts of discontinued Savings
Products or any Savings product not mentioned in circular above and 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.
