IDBP rates of return

Published July 6, 2005

KARACHI, July 5: Industrial Development Bank of Pakistan (IDBP) said it offered a three per cent return on saving deposits for six months ending in June this year. The bank said it handed out a five per cent return to holders of those one-year and above but up to five year term deposits that were mobilized from July 2003.

Without giving details of its certain deposit schemes, IDBP said that it offered a five per cent return each on Talimi Certificates, Besh Baha Certificates and IDBP Deposit Certificates (not exceeding five years). The bank paid 8.5 per cent return on the Mahana Amdani Scheme and nine per cent on Special Deposit Certificates.

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