Prime Bank profit rates

Published January 31, 2002

KARACHI, Jan 30: Prime Commercial Bank paid a cool 9 per cent return to its saving deposit holders during July-December 2001.

The bank says in a press release that it offered up to 10.5 per cent and 12.25 per cent return under its Primax Classic and Primax Anchor saving schemes. The private sector bank handed out 6 per cent return on 7-29 days call deposits and 7 per cent on 30-day notice.

The holders of term deposits got 9.25% profit on one month; 10% on three months; up to 12% on three months through Primax Exclusive; 10.25% on six months; up to 12.25% on six months through Primax Exclusive; 11% on one-year, 11.5% on two years; 12% on three years; 13% on four years through Prime Munafa Scheme and 13.5% on five years.

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