Profit rates

Published July 23, 2003

LAHORE, July 22: The Punjab Provincial Cooperative Bank on Tuesday declared profit rates on its various categories of profit loss sharing (PLS) deposits for first half of the current fiscal year.

For the saving bank deposits, it announced 1.50 per cent per annum and 1 and 1.25 per cent for special notice deposits for 7 to 29 days and 30 days respectively.

For the terms deposits, it declared 1.75 per cent for three months, 2.25 per cent for six months, 2.50 per cent for one year, 2.75 per cent for two years, three per cent for three years, 3.25 per cent for four years and 3.50 per cent for five years.

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