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Alfalah Islamic Premium Term DepositsAlfalah Islamic Premium Term Deposits

Alfalah Islamic Premium Term Deposits

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

Eligibility Criteria All Bank Alfalah Islamic Current and Saving Accountholders.
Minimum Deposit PKR 5,000,000/-
Tenures Available Available in

  • Monthly Profit : 1 year
  • Bullet Maturity Profit : 1 month, 3 months, 6 months & 1 year
Product Features
  • Multiple tiered term deposit
  • Monthly profit payment
  • Daily profit calculation
  • No Maximum Deposit limit
Additional Benefits On maintaining, an average monthly balance of PKR 10,000/- in your checking account, get free accidental death and permanent disability takaful coverage of up to PKR 2 Million.

On maintaining a minimum monthly average balance of PKR 1m or equivalent FCY deposit in current/savings/term deposit accounts, avail numerous free services as per our preferred banking services.

Underlying Principle This product is based on the concept of Mudarabah

Note:

  • Profit calculation & distribution will as per prevailing pool management guidelines
  • 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.
  • All the free services are subject to the terms and conditions as per prevailing Schedule of Charges
  • Withholding Tax and Zakat is applicable as per existing policy of Government
Apply Now Or you can apply for Alfalah Islamic Premium Term Deposits at the branch.

Select Your Country

PAKISTAN

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UAE

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