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Product Description

Keep your money secure with easy liquidity options.

Minimum investment

Rs. 5000/-.

Instruments Issuance

Rs. 1000/-.

Term Deposit

Fixed for 6 Months, 12 Months, 2 Years, 3 Years, 4 Years & 5 Years.

  • Minimum investment of Rs. 5000/-.
  • Instruments will be issued in multiples of Rs-1000/-.
  • Profit will be paid on maturity 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.

 

Note: * In case of premature encashement of instrument, rate of previous term completed will be applicable. Indicative Rate of Profit As per SOBC

 

Mustaqbil Term Deposit
Tiers 1 Months 3 Months 6 Months 12 Months 2 Years 3 Years 4 Years 5 Years
Rate Rate Rate Rate Rate Rate Rate Rate
5000&*Above     9.00% 9.25% 9.50% 10.25% 11.25% 11.25% 11.25% 11.25%

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