Mustakbil Term deposit offers an increasing rate of interest with longer periods of deposit. Your money remains safe and secure with an option of easy liquidity without pre-mature penalty.
- 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.
* In case of pre-mature encashement of instrument, rate of previous term completed will be applicable.
Indicative Rate of Profit
As per SOBC
|Mustaqbil Term Deposit|
|Tiers||3 Months||6 Months||12 Months||2 Years||3 Years||4 Years||5 Years|
* Rates are subject to change as per Banks policy