This account is well-suited for customers who require frequent deposit and withdrawal transactions with flexibility to select their profit payout frequency.
Product Features
- Attractive profit payment on monthly, quarterly, semi-annual & annual basis:
| Payout Frequency |
Rate Per Annum |
|
Monthly
|
20.50%
|
|
Quarterly
|
20.55%
|
|
Semi-Annual
|
20.60%
|
|
Annual
|
20.70%
|
- Minimum monthly average balance requirement Rs. 100,000
- Chip-based Debit Card & Cheque Book issuance as per prevailing SOC
- Free services include:
- Bankers Cheque Issuance
- CDR Issuance
- Internet Banking
- SMS on digital transactions
- E-statements
Note
- All bank charges are applicable as per prevailing Schedule of Charges
- Zakat and taxes are applicable as per law
- Terms and Conditions apply
To view the flyer of Askari Maximiser Account, please click here
Askari Maximiser Term Deposit has been designed to provide you with lucrative profit on your long term savings.
Product Features
- Tenure : 1, 2, 3 & 5 Years
- Minimum investment : Rs. 100,000
- Roll-over option available
- Attractive profit payments on monthly basis as below:
| Tenure |
Rates Per Annum (Monthly Payment) |
|
1 year
|
19.50%
|
|
2 Years
|
15.00%
|
|
3 Years
|
15.00%
|
|
5 Years
|
13.50%
|
Premature Encashment Penalty
The encashment of Askari Maximiser Term Deposit before maturity will be subject to premature encashment penalty as below:
- Principal amount x 1.5% per annum on the remaining period of the Term Deposits
(for e.g. deal booked for 5 years matured after 2 years – penalty/charges will be 4.5% x Principal Amount)
- Minimum penalty/charges is 1.5% of the principal amount. The penalty amount will be to the extent of profit paid/payable only
Note
- All bank charges are applicable as per prevailing
Schedule of Charges
- Zakat and taxes are applicable as per law
- Terms and Conditions apply
