The management of SME Bank Ltd has declared the following rates of profit on various deposit schemes for the period July 1st 2009 to December 31st 2009. According to a press release of the SME bank issued on Friday.
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Current Account 0.00%
PLS Saving Account.
(Profit payment bi-annually,
calculated on minimum 5.00%
SME Rozana Izafa Aur Mahan Munafa (Monthly Payment of profit Calculated on daily basis
Upto 49,99 5.00%
From 50,000 to 999,999 5.50%
From 1.000 M to 9.999 M 6.50%
From 10.000 M to 49.999 M 7.50%
From 50.000 M and Above 9.00%
SME Regular TDR. (Profit to be paid after maturity of the TDR)
7 Days Short Notice Deposit 5.00%
30 Days Short Notice Deposit 5.50%
SME Fixed Term Deposit payable on maturity
1 Month 7.50%
3 Months 8.50%
6 Months 9.50%
1 Year 10.50%
2 Years 11.50%
3 Years 12.00%
Mahana Amdan Account (Profit on 1st working day of each month)
1 Year 10.00%
2 Years 10.50%
Upto 100,000 5.00%
From 100,001 to 300,000 5.25%
From 300,001 to 500,000 5.50%
From 500,001 to 800,000 5.75%
From 800,001 to 1000,000 6.00%
From 1,000,001 and above 6.75%
Qatra Qatra Darya
Savings Accounts 5.00%
Qatra Qatra Darya
Current Accounts Nil
SME Staff Accounts
(On daily balances
with no minimum
balance requirements 7.00%
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