HBL profit rates

Published January 20, 2007

KARACHI, Jan 19: The Habib Bank Limited on Friday declared the following profit rates on various categories of PLS deposits during the second half of the year ended December 31, based on the periodical results of the bank:

PLS chequing account: Up to Rs20,000 (0.10pc); over Rs20,000 (1.00pc).

PLS Special Saving Bank Deposits: (1.50pc to 8.00pc).

Value Account: (7.00 pc).

Daily Munafa Plus Deposit Accounts: Rs50,000 but less than Rs1m (2.50pc); Rs1m but less than Rs10m (3.50pc); Rs1m but less than Rs10m (3.50pc); Rs10m but less than Rs50m (4.50pc); Rs50m but less than Rs100m (5.00pc); Rs100m but less than Rs250m (6.00pc); Rs250m but less than Rs500m (6.50pc); Rs500m but less than Rs1 billion (7.00pc); Rs1 billion but less than Rs5 billion (8.00pc); Rs5 billion and above (8.00pc).

Remittance Munafa Plus Savings Account: On daily actual deposits less than Rs20,000 (0.10); Rs20,000 but less than Rs100,000 (3.00pc); Rs100,000 but less than Rs1m (4.00pc); Rs1m and above (5.00pc).

Munafa Plus Deposit Certificate: For three months (6.00 pc); for six months (6.50pc); for one year (6.50 to 8.50pc); for two years (6.80 to 8.50pc); for three years (7.00 to 10.00pc); for four years (7.20 to 10.50pc); for five years (7.40 to 11.00pc); for six years (7.60 to 11.25pc); for seven years (7.80 to 11.50pc); for eight years (8.00 to 11.75pc); for nine years (8.20 to 12.00pc); for 10 years (8.40 to 14.00 pc).

Remittance Munafa Plus Deposit Certificate: For one year (7.80 to 8.50pc); for three years (8.80 to 10.00pc); for five years (10.25 to 11.00pc).

Investment Plus Deposit Certificate: (7.55 to 13.00pc).

PLS SNTD: (a) Less than Rs1m (seven to 29 days notice) (0.75pc); 30 days and over notice (1.00pc); (b) Rs1m and above: seven to 29 days notice (3.00pc); 30 days and over notice (4.00 pc).

Financial Institutions TDR 3 months: (0.75 to 2.25 pc).

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