Prime Commercial banks announces PLS profit rates

25 Jan, 2005

Prime Commercial banks has announced the rates of profit on PLS deposits for the period of six months ended on 31st December 2004.



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Prime Commercial Bank Limited
Types of Deposits % p.a.
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From July 01 From Aug. 01 From Dec. 01 2004
to July 31, 2004 to Nov. 30, 2004 to Dec. 31, 2004
period period period
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Special Notice Deposits:
7 to 29 Days Notice 0.25 0.25 0.25
30 Days Notice 3.00 2.00 2.00
Savings :
From Rs 1 to Rs 24,999 0.25 0.25 0.25
From Rs 25,000 and above 3.00 2.00 2.00
Primax Classic Savings Scheme:
From Rs 1 to 99,999 0.25 0.25 0.25
From Rs 100,000 to Rs 999,999 2.25 2.25 2.25
From Rs 1,000,000 to Rs 9,999,999 2.50 2.50 2.50
From Rs 10,000,000 and above 3.00 2.75 2.75
Primax Anchor Savings Scheme:
From Rs 1 to Rs 499,999 0.25 0.25 0.25
From Rs 500,000 to
Rs 4,999,999 2.50 2.35 2.35
From Rs 5,000,000 to
Rs 24,999,999 2.75 2.60 2.60
From Rs 25,000,000 to
Rs 49,999,999 3.00 2.75 2.75
From Rs 50,000,000 & above 3.25 3.00 3.00
Term Deposits:
1 Month 2.00 1.50 1.50
Primax Exclusive 3 Months Scheme:
From Rs 25,000 to Rs 99,999 3.00 2.35 2.35
From Rs 100,000 to Rs 999,999 3.25 2.50 2.50
From Rs 1,000,000 to
Rs 4,999,999 3.50 2.75 2.75
From Rs 5,000,000 to
Rs 299,999,999 3.75 3.00 3.00
From Rs 300,000,000 & above. 3.75 3.00 3.50
Primax Exclusive 6 Months Scheme:
From Rs 25,000 to Rs 99,999 3.25 2.50 2.50
From Rs 100,000 to Rs 999,999 3.50 2.75 2.75
From Rs 1,000,000 to
Rs 4,999,999 3.75 3.00 3.00
From Rs 5,000,000 to
Rs 499,999,999 4.00 3.25 3.25
From Rs 500,000,000 and above. 4.00 4.00 4.00
1 Year Fixed Deposit 4.25 4.00 4.00
5 Years Fixed Deposit 4.25 4.00 4.00
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