NIB Bank declares PLS profit rates

19 Jan, 2010

NIB Bank Limited has declared the following profit rates on PLS deposits for the period of six months ended 31st December 2009.



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Profit Rates on Deposits
for July 01, 2009 to December 31, 2009
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SAVING AND INVESTMENT PRODUCTS
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NIB SAVINGS PLUS (Savings Account) NIB SAVINGS PLUS (Savings Account)
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July 2009 to September 2009 October 2009 to December 2009
Rs 0 - 2,999,999 5.00% Rs 0- 2,999,999 5.00%
Rs 3,000,000 - 9,999,999 7.77% Rs 3,000,000 - 9,999,999 7.58%
Rs 10,000,000 - 24,999,999 9.27% Rs 10,000,000 - 24,999,999 9.08%
Rs 25,000,000 - 49,999,999 10.27% Rs 25,000,000 - 49,999,999 10.08%
Rs 50,000,000 - 99,999,999 10.52% Rs 50,000,000 - 99,999,999 10.33%
Rs 100,000,000 - 249,999,999 10.77% Rs 100,000,000 - 249,999,999 10.58%
Rs 250,000,00 - 499,999,999 11.27% Rs 250,000,000 - 499,999,999 11.08%
Rs 500,000,000 Mn+ 11.77% Rs 500,000,000 Mn+ 11.58%
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-- Rates will be revised every quarter *** Annualized Rate of Expected Return
-- Profit earned daily and paid on monthly basis **** Minimum Balance requirement is Rs 50,000/-



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PLS Saving & NIB Azadi Account NIB Khazana
Deposits Rates (Per Annum) For Deposits Rates (Per Annum)
Individuals and Corporate Individuals and Corporate
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Rs 0/- to Rs 2,999,999/- 5.00*% Rs 0/- to Rs 2,999,999/- 5.00*%
Rs 3,000,000/- and above Treasury or Business Rs 3,000,000/- and above Treasury or Business
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Special Features : Special Features : Checking Account with profit earned
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Profit is earned monthly on minimum balance daily and paid on monthly basis.
during the month and paid semi-annually Minimum Balance requirement is Rs 100,000/-
* Annualized Rate of Expected Return * Annualized Rate of Expected Return
Salaam Bachat Account Life Profit Account
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Deposits Rates Per Annum Deposits Rates
The rate of return is 5%** Upto Rs 2,999,999/- 5%*
Rs 3,000,000 and above Treasury
Special Features : Special Features : * Profit calculated on daily
Profit is paid monthly balance and paid on a monthly basis.
** Daily Balance Basis Minimum Balance requirement of PK Rs 5,000/-
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NIB Committee
Annualized rate of expected return ranges from 3.90% to 5.15% depending upon the number
of contributions and tenor.



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NIB Gold Premier Account
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NIB Gold Premier Account 11.20*%
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*for customers above 55 years of age and widows
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TERM DEPOSIT ACCOUNTS
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PLS Notice Deposit
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Deposits Rates (Per Annum) For individuals and Corporate
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7 Days - 29 Days 5.00*%
Special Features : Minimum Balance requirement is Rs 100,000/-
Rates for amounts over Rs 3.0 Million will
be quoted by Treasury or Business
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NIB Perfect Fixed Deposit NIB Plus Fixed Deposit
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Expected annual Linked with 3 month KIBOR (avg. Expected annual Upto Rs 2,999,999 9%
rate of return of last months KIBOR) rate will rate of return Rs 3,00,000 and above. 10%
be change every month
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Special Features Special Features :
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Minimum amount Rs 5,000,000 Minimum amount Rs 100,000
Miximum amount Rs 10,000,000 Maximum amount Rs 5,000,000
Tenor 12 months* Tenor 12 months*
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* Profit payment will be made monthly * Profit payment will be made monthly
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NIB PRIME (Term Deposit) NIB PRIME (Term Deposit)
July 2009 to September 2009 October 2009 to December 2009
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Rs 25,000* - 3,000,000 10.77% Rs 25,000* - 3,000,000 10.58%
Rs 3,000,001 + 11.77% Rs 3,000,001 + 11.58%
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-- Term Deposit amount less than 100,000 will only be booked in Lifebanking branches
-- Rates will be revised every quarter
-- Minimum Balance requirement is Rs 100,000/-
NIB Term Deposit Certificates (Khaas) NIB Amanat Deposit



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Deposits Rates (Per Annum) For PLS Term Deposit (1 Month) 6.00*%
Individuals and Corporate PLS Term Deposit (3 Months) 6.25*%
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3 months 11.00% PLS Term Deposit (6 Months) 6.50*%
6 months 10.00% PLS Term Deposit (1 Year) 7.25*%
1 years 7.00*% Special Features :
2 years 8.00*% Profit is paid at maturity
3 years 9.00*5 Minimum Balance requirement is Rs 100,000/-
4 years 10.00*% Note:
5 years 10.50*%
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Special Features Rates for amount over Rs 3.0 Million will be quoted
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Profit is paid monthly by Treasury of Business Incase of premature
Minimum Balance requirement is Rs 500,000/- encashment, profit rate for the period deposit
Rates for Treasury or Business 3 Mn. remains with the bank will apply.
and above will be quoted by
* Annualized Rate of Expected Return * Annualized Rate of Expected Return
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NIB Promise Term Deposit
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Expected annualized rate of return on gross deposit at the end of 8 year term 9.72%
Special Features : Double your money in 8 years
Minimum investment amount requirement is Rs 25,000/-
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Salaam Fixed Deposit
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Deposits Rates
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1 Years 7% Special Features :
2 Years 8% Profit is paid monthly
3 Years 9% Minimum balance requirement to apply
4 Years 10.5% *Minimum balance of Rs 5000 to apply
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NIB FCY Khazana Deposits
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Foreign Currency Savings Accounts Special Features:
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Deposits Current Rate Checking account with profit calculated on daily basis
and paid on monthly basis.
(applicable till 31st Dec 2009) Minimum Balance requirement is amount equivalent
to PKR. 50,000/-
Rs 0 - 99,999 0.5%
Rs 100,000 + Rates will be quoted by Note:
Treasury or business All rates for amounts equal to
USD/EURO/GBP 100,00 or business.
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FCY Deposits
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Amount Rates (Per Annum) For Individuals and Corporate
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USD EUR GBP
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Saving (US$ only)* 0.5% 0.5% 0.5%
7-29 Days** 1.50% 0.75% 2.10%
FDR One Month** 2.00% 1.00% 2.25%
FDR Three Months** 2.00% 1.10% 2.50%
FDR Six Months** 2.10% 1.20% 2.60%
FDR One Year** 2.30% 1.30% 2.90%
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Special Features:
-- Profit is earned monthly on minimum balance during the month and paid semi-annually.
-- Profit is paid at maturity
FCY Frozen account - 0%
NOTE:
For relationship balance of Rs 3,000,000/- and above, rates to be quoted by Treasury or Business.
-- Annualized Rate of Expected Return

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