The NDLC-IFIC bank has announced the rates of profit on PLS deposits for the period of six months ended on 31st December 2004 as per press releases issued here on Monday.
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NDLC-IFIC BANK LIMITED (NIB)
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Nature of Deposits June % p.a.
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PLS Saving Deposits:
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Deposit Below Rs 10,000 0.10
Deposit Rs 10,001 to
Rs 100,000 2.50
Deposit Rs 100,001
to Rs 500,000 3.00
Deposit Rs 500,001
to Rs 1,000,000 3.25
Deposit Rs 1,000,001
to Rs 5,000,000 3.50
Deposit Rs 5,000,001
to Rs 10,000,000 4.00
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PLS Saving-NIB Azadi Account:
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Upto Rs 24,999 0.00
Rs 25,000 and above 4.00
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PLS Saving Plus:
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Upto Rs 24,999/- 0.00
Rs 25,000/- and above 1.00
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Notice Deposits:
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7 days 1.50
30 days 2.00
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NIB Amanat Deposits
PLS Term Deposit:
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1 month 2.50
3 months 3.75
6 months 4.00
1 year 4.25
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NIB Super Munafa
Monthly Profit Scheme
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(6 Monthly Maturity) 3.50
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NIB Premium Munafa:
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Above Rs 100,000 Individual
account only 1.50
Above Rs 100,000
Business account only 1.50
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NIB Fortune Munafa Account:
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Tier 1 Rs 500,000/-
to Rs 3,000,000/- 1.60
Tier 2 Rs 3,000,001/-
to Rs 5,000,000/- 1.75
Tier 3 Rs 5,000,001/
to Rs 10,000,000/- 1.85
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NIB Maximum Munafa:
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Tier 1 Rs 100,000/-
to Rs 999,999/- 1.50
Tier 2 Rs 1,000,000/-
to Rs 9,999,999/- 2.00
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