Industrial Development Bank has declared the rates of profit on PLS deposits for the period of six months ended 30th June 2008.
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INDUSTRIAL DEVELOPMENT BANK OF PAKISTAN
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Nature of Deposits Rate of Profit Term of payment
(Per Annum) of profit
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Special Notice 7- 29 days 2.50 on maturity
Special Notice 30 days and over 3.00 on maturity
Saving Account
Before June 01, 2008 3.00 Hall yearly
With effect from June 01, 2008
vide SBP BPRD 5.00 Half yearly
Circular No 07 of 2008 dated May 30, 2008
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Business Deposit Account:
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Before June 01, 2008
Upto Rs 100 million 3.00 Half yearly
Above Rs 100 million upto Rs 500 million 3.25 Half yearly
Above Rs 500 million upto Rs 750 million 3.50 Half yearly
Above Rs 750 million upto Rs 1 billion 3.75 Half yearly
Above Rs 01 billion 4.00 Hall yearly
With effect from June 01, 2008 vide SBP BPRD
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Circular No 07 of 2008 dated May 30, 2008
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Upto Rs 100 million 5.00 Half yearly
Above Rs 100 million upto Rs 500 million 5.25 Half yearly
Above Rs 500 million upto Rs 750 million 5.50 Hall yearly
Above Rs 750 million upto Rs 1 billion 5.75 Hall yearly
Above Rs 01 billion 6.00 Half yearly
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Term Deposit (1 Year and above not exceeding 5 years
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On deposits upto 30.06.2003 7.00 Half yearly
On deposits w.e.f. 01.07.2003 5.00 Half yearly
TDRs (Minimum deposit limit of Rs 1.000 million) 7.00 90 days
TDRs (Minimum deposit limit of Rs 1.000 million) 7.25 180 days
TDRs (Minimum deposit limit of Rs 1.000 million) 7.50 1 year
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M.M.C.
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On deposits upto 30.06.2003 7.00 monthly
On deposits w.e.f. 01.07.2003 5.00 monthly
Mahana Amadni Scheme (As per scheme)
Deposit obtained before 01.12.2007 11.00 monthly
Deposit obtained on/after 01.12.2007 10.50 monthly
Special Deposit Certificate (As per scheme) 9.00 monthly
Employees Behbood Scheme (As per Scheme)
Deposit obtained before 01.12.2007 11.00 monthly
On/after 01.12.2007 10.50 monthly
Institutional Investment Scheme
This scheme has been designed As per prevailing As per
for securing large deposits from market conditions negotiated
Corporate Clients/Autonomous depending upon terms
Bodies/Semi-Government and other size and maturity of
Public Sector Corporation.. deposits. -PR
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