The Industrial Development Bank of Pakistan has announced the following rates of profit on PLS deposits for the period of six months ended December 31, 2006.
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Type of Deposits %p.a
Special Notice Deposits:
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7 to 29 days 1.50
30 days and over 2.00
Saving Bank Account 3.00
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Business Deposit Account:
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Up to Rs 100 million 3.00
Above Rs 100 million to Rs 500 million 3.25
Above Rs 500 million to Rs 750 million 3.50
Above Rs 750 million to Rs 1 billion 3.75
Above Rs 1 billion 4.00
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Terms Deposits:
(1 year and above upto 5 years)
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On deposits up to 30-06-2003 7.00
On deposits w.e.f. 1-7-2003 5.00
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TDRs: (Minimum deposit limit Rs 1.0 million)
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For 90 days 6.00
For 180 days 7.00
For 1 year 7.50
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Mahana Munafa Certificate:
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On deposits up to 30-06-2003: 7.00
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(monthly)
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On deposits w.e.f 1-7.2003: 5.00
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(monthly)
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Talimi Certificate: (as per scheme) 5.00
Employees Behbood Scheme: (as per scheme) 12.00
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(monthly)
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Mahana Amdani Scheme:
(as per scheme) 8.50 (monthly)
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Special Deposit Certificate:
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(as per scheme) 9.00
(Half Yearly)
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