The KASB Bank Limited has announced the rates of profit on PLS deposits for the period of six months ended on 31st December 2004 as per press release issued here on Saturday.
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DEPOSIT CATEGORY % p a
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
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Saving Accounts (for individuals and PF Pensions 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 2.00
On balance from Rs 1,000,000/= to Rs 50,000,000 3.00
On balance from Rs 50,000,001/= to Rs 174,999,999 3.50
On balance from Rs 175M and above 4.00
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KASB F I Deposit Account
(For Financial Institutions only)
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(Profit payable monthly on daily product basis)
On balances below Rs 1,000,000/- NIL
On balances from Rs 1,000,001/- and above 1.00
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Fixed Term Deposits
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1 month 3.00
3 months a) Upto Rs 100,000,000 3.50
b) Upto Rs 100,000,001 4.00
6 months 4.00
1 year 4.50
2 years 4.75
3 years 5.00
4 years 5.50
5 years 6.00
KASB Deposit Growth Certificates- 5 years & above 5.50
KASB Mahana Munafa Scheme - 3 years 4.50
- 4 years 5.00
- 5 years 5.50
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