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Alfalah Bank Islamic Premium Term Deposit




Alfalah Islamic Premium Term Deposit

Are you looking for a high rate on your term deposit? Alfalah Islamic Premium Term Deposit offers you just that.

Features:
·        Invest with a minimum deposit of 5 million
·        Available in Monthly Profit : 1 Year
·        Bullet Maturity Profit : 1 month, 3 months, 6 months & 1 Year
·        Multiple Tiers
·        Daily Profit Calculation
·        Currency : Pak Rupees

Benefits:
·        No maximum deposit limit
·        SMS alert on all transactions on request
·        Hold mail facility on request
·        Stop payment facility on request
·        Saturday Banking at selected branches
-Shariah compliant product based on the concept of Mudarabah
     -Withholding Tax and Zakat is applicable as per existing policy of Government.
 -In case of premature encashment profit shall be calculated and paid on the basis of actual declared monthly profit rates of TDR for the corresponding completed period as per related tier for the relevant period of stay of deposit with the Bank.


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