NIB Bank declares PLS profit rates

NIB Bank (NDLC-IFIC Bank) has declared the rates of profit on PLS deposits for the period of six months ended June 30, 2006.

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Nature of Deposits                            %p.a.

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PLS Saving- & NIB Azadi Account

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Upto Rs 99,999                                 0.10

Rs 100,000 to 499,999                          2.00

Rs 500,000 to Rs 999,999                       4.00

Rs l,000,000 to Rs 4,999,999                   6.00

Rs 5,000,000 and above                     Treasury

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Special Features: Profit is earned monthly on

 minimum balance during the month and paid

 semi-annually

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Deposits:

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7 days to 29 days Notice Deposit               5.00

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NIB Amanat Deposits- PLS Term Deposit:

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1 month                                        6.00

3 months                                       6.25

6 months                                       6.50

1 year                                         7.25

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Special Features: Profit is paid at maturity.

 Minimum balance requirement is Rs 100,000

Rates for relationship amount over Rs 3 Million

 will be quoted by Treasury.

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NIB Khazana:

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Upto Rs 99,999                                 0.10

Rs 100,000 to 499,999                          1.50

Rs 500,000 to Rs 999,999                       3.50

Rs 1,000,000 to Rs 4,999,999                   4.50

Rs 5,000,000 and above                     Treasury

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Special Features: Checking Account with profit

 earned daily and paid on monthly basis.

* NIB Term Deposit Certificates (Profit paid on

 Monthly Basis):

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1 year                                         7.00

2 year                                         8.00

3 year                                         9.00

4 year                                        10.00

5 year                                        10.50

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