Mybank declares PLS profit rates

The Mybank has declared the rates of profit on PLS deposits for the period of six months ended June 30, 2007.

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MYBANK

Period        % p.a.

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I month         6.00

3 months        7.00

6 months        8.00

1 year         10.50

2 years        10.75

3 years        11.25

4 years        11.50

5 years        12.25

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Term Deposit Regular Profit Payable at Maturity: (Minimum Deposit Rs 50,000)

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Special Notice Deposit Account

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7 - 29 days                   5.00

30 days and over              6.00

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PLS Saving Account:

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Upto Rs 5,000                 2.00

Rs 5,001 to Rs 50,000         4.00

Rs 50,001 to Rs 100,000       5.00

Rs 100,001 and Above          6.00

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Special Deposit Account for fixed Period:
(Profit Payable Quarterly)

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1 year            10.35

2 years           10.60

3 years           11.00

4 years           11.25

5 years           12.10

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(Profit Calculated on Daily Product Basis and Payable Monthly)

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Business Premium Account

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Rs 1,000,001 to RsI0,000,000      4.50

Rs 10,000,001 to Rs 50,000,000    5.00

Rs: 50,000,001 to                 5.50

Rs 100,000,000 and above

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Special Fixed Term Deposit Highest & Secured Monthly Profit: (Minimum Deposit Rs 100,000)

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1 year           10.25

2 years          10.50

3 years          10.75

4 years          11.00

5 years          12.00

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