Habib Bank Limited declares PLS profit rates

19 Jul, 2006

Habib Bank Limited has declared the rates of profit on PLS deposits for the period of six months ended June 30, 2006.



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Type of Deposits %p.a.
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PLS Savings Bank Account (SB):
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(a) For balances from Rs 1 to Rs 20,000 0.10
(b) For balances of Rs 20,000 and above 1.00
PLS Special Saving Bank Deposits (SSB): 1.50 to 7.50
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Daily Munafa Plus Deposit Accounts(DMPDA)
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Deposit Slab on daily average of:
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Rs 50,000 but less than Rs 1M 1.50
Rs 1M but less than Rs 10M 2.50
Rs 10M but less than Rs 50M 3.50
Rs 50M but less than Rs 100M 4.00
Rs 100M but less than Rs 50M 5.00
Rs 250M but less than Rs 500M 5.50
Rs 500M but less than Rs 1 Billion 6.00
Rs 1 Billion but less than Rs 5 Billion 6.50
Rs 5 Billion and above 7.50
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Munafa Plus Deposit Certificate (MPDC) Range
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For three months 6.00
For six months 6.50
For one year 6.50 to 8.00
For two years 6.80 to 8.50
For three years 7.00 to 10.00
For four years 7.20 to 10.50
For five years 7.40 to 11.00
For six years 7.60 to 11.25
For seven years 7.80 to 11.50
For eight years 8.00 to 11.75
For nine years 8.20 to 12.00
For ten years 8.40 to 12.50
Investment Plus Deposit Certificate(IPDC): 7.75 to 10.75
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PLS Special Notice Time Deposit (SNTD):
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(a) Less than Rs 1 million:
7 to 29 days notice 0.75
30 days & over notice 1.00
(b) Rs 1 million & above:
7 to 29 days notice 3.00
30 days & over notice 4.00
Financial Institutions TDR 3 months(FITDR) 0.75 to 2.25
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Ranges represent the characteristics and maturities offered in different products.
Note: Rates are also available at our website www.habibbankltd.com.
-- The discoumted products do not include above.-PR

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