Faysal Bank Limited (FBL), keeping in line with its commitment to provide the best for its customers, introduces Faysal Izafa Premium-Term Deposit. Faysal Izafa Premium is a term deposit product especially designed for individuals who are looking to earn competitive profit rates and regular profit payments whether monthly or annually. Some of the key features of Faysal Izafa Premium include the flexible tenure options of 1, 2 ,3 4 and 5 years along with monthly and annual profit payments on an investment amount of as low as Rs 100,000. The Product offers a return of upto 6.25 percent per annum.
The highlight of Faysal Izafa Premium Term Deposit is that customers can avail a financing facility against their deposit amount. So while they earn a profit from their investment they can avail a loan facility of up to 90 percent of the deposit amount for any urgent needs. At the launch of Faysal Izafa Premium, Fouad Farrukh, Head Retail Banking said, "The present day discount rate is at an all-time low, which in turn affects the rate of return on deposits. Therefore individual customers are constantly exploring avenues for maximum returns on their savings. "-PR