The Industrial Development Bank of Pakistan has announced the following rates of profit on PLS deposits for the period of six months ended June 30, 2007.
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Type of Deposits % p.a.
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Special Notice Deposits:
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7 to 29 days 2.50
30 days and over 3.00
Saving Bank Account 3.00
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Business Deposit Account:
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Upto deposit of 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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Term Deposits :
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(1 year & above upto 5 years)
On deposits upto 30.06.2003 7.00
On deposits w.e.f. 01.07.2003 5.00.
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TDRs:
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(Minimum deposit limit Rs 1.0 million)
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For 90 days 7.00
For 180 days 7.25
For 1 year 7.50
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Mahana Munafa Certificate:
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On deposits upto 30.06.2003 7.00 (monthly)
On deposits w.e.f 01 .07.2003 5.00 (monthly)
Employees Behbood Scheme
(as per scheme) 12.00 (monthly)
Mahana Amdani Scheme
(as per scheme) 11.00 (monthly)
Special Deposit Certificate
(as per scheme) 9.00 (Half yearly)
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