NIB Bank (NDLC-IFIC Bank) has declared the rates of profit on PLS deposits for the period of six months ended June 30, 2006.
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Nature of Deposits %p.a.
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PLS Saving- & NIB Azadi Account
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Upto Rs 99,999 0.10
Rs 100,000 to 499,999 2.00
Rs 500,000 to Rs 999,999 4.00
Rs l,000,000 to Rs 4,999,999 6.00
Rs 5,000,000 and above Treasury
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Special Features: Profit is earned monthly on
minimum balance during the month and paid
semi-annually
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Deposits:
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7 days to 29 days Notice Deposit 5.00
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NIB Amanat Deposits- PLS Term Deposit:
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1 month 6.00
3 months 6.25
6 months 6.50
1 year 7.25
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Special Features: Profit is paid at maturity.
Minimum balance requirement is Rs 100,000
Rates for relationship amount over Rs 3 Million
will be quoted by Treasury.
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NIB Khazana:
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Upto Rs 99,999 0.10
Rs 100,000 to 499,999 1.50
Rs 500,000 to Rs 999,999 3.50
Rs 1,000,000 to Rs 4,999,999 4.50
Rs 5,000,000 and above Treasury
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Special Features: Checking Account with profit
earned daily and paid on monthly basis.
* NIB Term Deposit Certificates (Profit paid on
Monthly Basis):
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1 year 7.00
2 year 8.00
3 year 9.00
4 year 10.00
5 year 10.50
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