Mybank declares PLS profit rates

09 Jul, 2008

Mybank Limited has declared the following PLS profit rates for the period of six months ended 30th June 2008.



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Deposit Period Special Notice Deposit Term Deposit Regular
Account (Rs: 50,000 and above)
(Rs: 50,000 and above) Profit Payable at Maturity
% p.a
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7 -29 days 4.00
30 days and over 5.00
1 month - 6.00
3 months - 7.00
6 months - 8.00
1 year - 10.50
2 years - 10.75
3 years - 11.00
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Business Premium Accounts
Profit Calculated on Daily Product Basis, and Payable Quarterly
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Amount % p.a.
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Rs: 1,000,001 to 4.50 (For the period April 1st 2008 to
Rs: l0,000,000 May 31st 2008)
Upto Rs 10,000,000 5.00 (For the period June 1st, 2008
to June 30th 2008)
Rs: 10,000,001 to 5.00 (For the quarter April 1st, 2008 to
Rs: 50,000,000 June 30th 2008)
Rs: 50,000,001 to 5.50 (For the quarter April 1st, 2008 to
Rs: 100,000,000 June 2008)
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PLS Savings Accounts
Profit from January 1st 2008 to May 31st 2008 (ie for 05 Months)
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Amount Profit Rate
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Upto Rs: 5,000 2.00
Rs: 5,001 to Rs: 50,000 4.00
Rs: 50,001 to Rs: 100,000. 4.50
Rs: 100,001 and Above 5.00
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Profit on PLS Saving Accounts for the month of June 2008 was paid @ 5.00% p.a
Special Deposit Accounts for Fixed Period
(Profit Payable Quarterly)
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Deposit Period %p.a.
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1 year 10.35
2 years 10.60
3 years 10.75
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Fixed Term Deposit Scheme
(Profit Payable Monthly)
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Deposit Period % p.a.
1 year 10.00
2 years 10.25
3 years 10.50
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-PR

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