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Profit Rates on Deposits
for July 01, 2009 to December 31, 2009
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1. NIB SAVER CLASSIC/PROSPERITY ACCOUNTS
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(Profit calculated on daily product basis and payable quarterly)
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Indicative Profit Rate to be applied
w.e.f July 01, 2009
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FROM TO
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Rs 0/- Rs 999,999,999,999/- 5.00% p.a.
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Rates for amounts over Rs 3,000,000/- will be quoted by Treasury.
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2. NIB MILLENNIUM ACCOUNT
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(Profit calculated daily product basis and payable monthly)
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Indicative Profit Rates to be applied
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w.e.f July 01, 2009
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FROM TO
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Rs 0/- Rs 999,999,999,999/- 5.00% p.a.
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Rates for amounts over Rs 3,000,000/- will be quoted by Treasury.
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3. NIB MAHANA Deposit Period Indicative Profit Rates
ADVANTAGE Effective July 01, 2009
(Profit payable monthly) on all fresh deposits &
roll overs
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3 Months 5.00% p.a
6 Months 5.75% p.a
1 Year 6.50% p.a
2 Years 5.75% p.a
3 Years 7.00% p.a
4 Years 7.50% p.a
5 Years 8.25 %p.a
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4. TERM DEPOSIT RECEIPTS (TDRs)
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Deposit Period TDR Old - NIB Shishmahi NIB Sahmahi
Regular Munafa Munafa
Profit payable Profit payable Profit payable
at maturity six monthly quarterly
Indicative Profit Indicative Profit Indicative Profit
Rates for Rates for Rates for
Fresh deposits fresh deposits fresh deposits
and roll overs and roll overs and roll overs
w.e.f July 01, 2009 w.e.f July 01, 2009 w.e.f July 01, 2009
to Dec 31, 2009 to Dec 31, 2009 to Dec 31, 2009
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7 Days 3.00% p.a. - -
30 Days 4.00% p.a. - -
1 Month 4.00% p.a - -
3 Months 5.50% p.a. - -
6 Months 6.50% p.a. - 6.00% p.a
1 Year 7.25% p.a. 7.00% p.a. 6.75% p.a
2 Years 7.75% p.a. 7.50% p.a. 7.25% p.a
3 Years 8.25% p.a. 8.00% p.a. 7.50% p.a
4 Years 8.75% p.a. 8.50% p.a. 8.00% p.a
5 Years 10.00% p.a. 9.00% p.a. 8.50% p.a
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Note:
(i) Special Rates for Deposits will be subject to negotiation and approval obtained from the President / CEO.
(ii) All fresh Term Certificates of Deposits (TDRs) will continue to be accepted at the rates mentioned above up to December 31, 2009.
(iii) In the event of premature encashment of Term Deposit Accounts mentioned above, the return will be paid at the rate(s) applicable to the completed period of the relevant Term Deposit Receipts(s).
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NIB ZABARDAST MUNAFA ACCOUNT
TERM DEPOSIT SCHEME
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5. NIB ZABARDAST MUNAFA ACCOUNT
(Five years Term Deposit Scheme Completed Years(s) Indicative Profit Rates
with profit payable annually)
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Minimum balance
requirement = Rs 500,000/- 1st Year 7.00% p.a
2nd Year 8.00% p.a
3rd Year 9.00% p.a
4th Year 10.00% p.a
5th Year 11.00% p.a
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Note:
(i) Deposits under this scheme will be accepted for five years (fixed period), however, the profit shall be paid annually upon completion of each year at the rate applicable to the completed year.
(ii) No Penal Interest will be charged on premature encashment of deposit under this Scheme.
(iii) In the event of premature encashment of Zabardast Munafa Accounts, the return will be paid at the rate(s) applicable to the completed year(s) of the relevant Account.