- Minimum investment of Rs. 5000/-.
- Instruments will be issued in multiples of Rs. 1000/-.
- Profit will be paid on monthly basis in customer's account maintained with the bank.
- Term Deposit may be fixed for 6 Months, 12 Months, 2 Years, 3 Years, 4 Years & 5 Years.
- *No penalty for premature payment will be levied in case of premature payment of deposits
- Profit payment is subject to tax deduction.
- Attractive Profit upto 10.00%
- Renewal option available
- Profit is credited to the bank account maintained with MMBL and can be withdrawn through cheque or ATM
Note: * In case of pre-mature encashement of instrument, rate of previous term completed will be applicable.
Indicative Rate of Profit
As per SOBC
| Mahana Munafa Term Deposit |
| Tiers |
3 Months |
6 Months |
12 Months |
2 Years |
3 Years & Above |
| Rate |
Rate |
Rate |
Rate |
Rate |
| 5000&*Above |
10.00% |
9.00% |
8.00% |
7.00% |
7.00% |
