Askari Islamic Investment Certificates

A short to long term investment opportunity provides you high returns


Minimum Balance Required (Rs)
50,000
Minimum Amount Required (Rs)
50,000
Daily Withdrawal Limit
(Rs)
Annual Fee
(Rs)
0
Allowed Monthly Transactions
-

View Phone Number
  • Features

    - Profit payment frequency is on monthly, maturity, quarterly

    - The funds can be fixed for a tenor of 1 month to 5 years

     Interest rate varies from 4.01% to 7.01% based on the deposited amount and the term length

    - An Islamic fixed deposit account

  • Benefits

    - Profit is calculated on monthly basis

    - Premature encashment facility is available

    - Only Rs. 50,000 initial investment is required to get profit

    - Higher the deposit, Higher the returns will be

  • Eligibility

    Salaried Person: 
    - Age Limit: 18 - 70 years 
    - Documents required: CNIC,  Proof of employment

    Self-Employed / Businessmen:
    - Age Limit: 18 - 70 years 
    - Documents required: CNIC, Proof of Busines

  • FAQ

    Anyone who is a Pakistani resident individual, private and public limited companies, can use a term/fixed deposits account.
    You can use a fixed deposit account from 1 month up to 10 years of length. The profit rate will also be better if you deposit it for longer time periods.
    Yes, you can ask the bank to pay the profit on a monthly basis however the rate of interest or profit rate will only be charged or calculated on annual basis.
    Yes, you can withdraw your funds from your fixed term bank account however some banks may charge a penalty or a fee for early withdrawals than a fixed maturity date.

Other Details

  • Best Suitabe For

    Short to long term savings

  • Target Age Group

    18 - 70 years 

  • Interest Rate / Profit Rate

    7.01%

  • Interest Calculation Frequency

    Monthly

  • Profit Payment Frequency

    -

  • Currency of Account

    PKR

  • Free ATM / Debit Card?

  • ATM Card Network

    Visa / UnionPay / PayPak

  • Free Cheque Book?

  • Manage with App?

  • Branch Banking

  • Online Banking?