Al Baraka FCY Term Deposit Account
(Rs)
(Rs)
-
Features
- The account can be opened in PKR, US Dollar, British Pound, Euro and UAE Dirham
- Profit payment frequency is on quarterly or maturity basis
- Account can be open with just 1,000 USD, GBP, EURO & 5,000 AED
- Interest rate varies from 0.15% to 0.75% based on the deposited amount, term and type of currency
-
Benefits
- Higher the deposit, higher the returns will be
- Profit calculated on deposit balance and term length
- Only USD. 1,000 initial investment is required to get profit
- Options of withdrawal funds prior to maturity
- Funds can be fixed for a tenor ranging from 1 month to 1 year
-
Eligibility
Salaried Person:
- Age Limit: 18 - 70 years
- Documents required: CNIC, Proof of employmentSelf-employed/Businessmen:
- Age Limit: 18 - 70 years
- Documents required: CNIC, and Proof of business -
FAQ
Yes, you can earn a certain profit or interest on your foreign currency deposits as long as it is a foreign currency savings account rather than a current account.A foreign currency bank account can be opened in USD, GBP, and EUR. Certain banks also allow Japanese Yen.You can withdraw by cheque only.Yes, if a foreign currency account is of type savings, you will receive a profit on your balance on regular intervals such as 3 months, 6 months and 12 months.
Other Details
-
Best Suitabe For
Short to long term savings
-
Target Age Group
18 - 70 years
-
Interest Rate / Profit Rate
0.75%
-
Interest Calculation Frequency
-
-
Profit Payment Frequency
Quarterly
-
Currency of Account
USD, GBP, EUR
-
Free ATM / Debit Card?
-
ATM Card Network
-
-
Free Cheque Book?
-
Manage with App?
-
Branch Banking
-
Online Banking?
Other Bank Accounts from Al Baraka Bank
-
Profit Rate 9.5%Open Account with Rs. 100
Avail high rate of return on your deposit with this Islamic account
-
APR 17%Open Account with Rs. 25,000
Avail competitive returns through this Islamic account with flexible fixed tenure
-
Profit Rate 0%Open Account with Rs. 1,000
An account that fulfills your all banking needs with mode of Islamic banking
-
Profit Rate 6.75%Open Account with Rs. 100
Secure your income with maximum security and growth with this Islamic account
-
Profit Rate 9%Open Account with Rs. 10,000
An account that offers monthly halal profit to its customer
-
Profit Rate 0%Open Account with Rs. 100
Best suitable for those who have very minimal banking needs
-
Profit Rate 8%Open Account with Rs. 100
A saving account for all type of low income individuals for their basic banking needs
-
Profit Rate 13%Open Account with Rs. 100,000
A best suitable account for senior citizen who wants monthly profit on a secure investment
-
Profit Rate 10%Open Account with Rs. 25,000
An account designed to fulfill the senior citizen routine banking needs with a healthy return
-
Profit Rate 8%Open Account with Rs. 100
Offers high returns on the deposit from kids & also helps to save the money at an early age
-
Profit Rate 0.15%Open Account with Rs. 100
An Islamic FC account that provides its customer income security and investment opportunity in multiple currencies
-
Profit Rate 0.75%Open Account with Rs. 1,000
An account that offers its customers high profit in different currency through shariah compliant
© Copyright 2024 MAWAZNA.com - All Rights Reserved
