This is a Fixed Deposit product allied with state of the art BOP modern banking facilities with following salient features:
I) Available to all types of customers.
II) Payment of provisional profit in advance i.e. at the time of investment.
III) Deposit may be placed for a period of 3 months.
IV) Free ATM/Debit Card.
V) Minimum deposit is Rs.50,000/-.
VI) No Maximum deposit limit.
Provisional Amount of Profit to be paid in Advance on an Assumed Deposit of Rs.100,000/-
Important Note:
• This product is governed under PLS rule of Profit E. Loss sharing system. The
rates mentioned are provisional and the Bank reserves the right to
review/revise the profit rates half yearly and terms Et conditions of profit and
scheme
• Zakat will be deducted as per law like any other saving/profit bearing account.
• Withholding tax will be deducted from the provisional profit as per law in
force.
* For further details, please contact your nearest Branch