KASB Bank Limited has declared the following indicative rates of profit on PLS deposits with effect from 1st April 2004.
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Deposit Category: %PA
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Current Deposits Nil
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Special Notice Deposits:
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7-29 days notice 1.50
30 days and over notice 2.00
Saving Accounts (for individuals and PF pension funds only) 3.50
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KASB Money Multiplier Accounts:
(Profit payable monthly on daily product basis)
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On balance below Rs 100,000/- 0.50
On balance from Rs 100,000/- to Rs 999,999,99 2.50
On balance from Rs 1,000,000/- to and Rs 199,999,999 3.50
On balance from Rs 200,000,000 & above 4.00
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KASB F.I. Deposit Account:
(For Financial Institutions only)
(Profit payable monthly on daily product basis)
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On balances below Rs 1,000,000/- Nil
On balances from Rs 1,000,000/- and above 1.00
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Fixed Term Deposits:
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1 month 3.00
3 months 3.50
6 months 3.75
1 year 4.50
2 years 4.75
3 years 5.00
4 years (Rate quoted for Running Certificates only) 5.50
5 years (Rate quoted for Running Certificates only) 6.00
KASB Deposit Growth Certificates - 5 years & above 5.50
(Rate quoted for Running Certificates only)
KASB Mahana Munafa Scheme - 3 years 4.50
(Rate quoted for Running Certificates only) - 4 years 5.00
(Rate quoted for Running Certificates only) - 5 years 5.50
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