Askari Bachat Account is a Term Deposit designed for individual customer with investment appetite. It offers customers the option of investing for 1 Year and has been designed keeping in view the savings needs of customers who want profit on a monthly basis. The salient features of the account are mentioned below:
Features | Individuals | |
Eligibility: | Pakistani Resident (individual only) | |
Balance Requirement: | Minimum balance of Rs. 50,000/- with no upper limit | |
Tenure: | 1 year | 2 years |
Profit Payment: | Monthly 1st of every month | |
Expected Rate of Return: | 6.00% per annum | 6.00% per annum |
Financing Limits: | Upto 90% of the principal amount | |
Servicing: | Available at all Askari Bank branches | |
Free Facilities: | – Debit Card (For CASA account)
– Insurance Coverage
– Online fund transfer facility |
(Withholding tax and other government charges will be applicable as per the law)
Features | Corporate | |
Eligibility: | Pakistani resident | |
Balance Requirement: | Minimum balance of Rs. 2,000,000/- with no upper limit | |
Tenure: | 2 years | |
Profit Payment: | 1st of following month, quarter, half year & year | |
Expected Rate of Return: | 6.00% per annum | |
Financing Limits: | Upto 90% of the principal amount | |
Servicing: | Available at all Askari Bank branches | |
Free Facilities: |
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(Withholding tax and other government charges will be applicable as per law)