The Bank of Punjab has declared the following rates for PLS deposits for the half year ended on December 31, 2003.
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Category %p.a.
Short Notice Time Deposits:
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7 days 0.50
30 days 1.00
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Saving Bank Account:
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Minimum balance upto Rs 10,000/- 0.25
Minimum balance Rs 10,001/- to Rs 50,000/- 1.00
Minimum balance above Rs 50,000/- 1.00
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PLS Term Deposits:
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1 month 1.00
2 months 1.00
3 months 1.25
6 months 1.50
1 year 1.75
2 years 1.75
3 years 2.00
4 years 2.00
5 years 2.50
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Monthly Income Scheme
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(on outstanding balances) 1.50
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Saving Profit Plus Account:
General Customers:
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Rs 1.000(m) & above but below Rs 5.000(m) 1.00
Rs 5.000(m) & above but below Rs 25.000(m) 1.50
Rs 25.000(m) & above but below Rs 100.000(m) 1.75
Rs 100.000(m) & above 2.00
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Financial Institutions:
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Upto Rs 50.000(m) 0.50
Above Rs 50.000(m) to Rs 100.000(m) 0.75
Above Rs 100.000(m) 1.00
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Corporate Premier Account:
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Rs 100.000(m) & above but below Rs 200.000(m) 1.75
Rs 200.000(m) & above 2.00
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Corporate Premier Term Account:
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3 months 2.05
6 months 2.25
1 year 2.50
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