Alfalah Falah Senior Citizens Term Deposit Account

Best suitable investment for senior citizens to provide them Halal profit on their short and long term investment

Minimum Balance Required (Rs)
No Requirement
Minimum Amount Required (Rs)
Daily Withdrawal Limit
Annual Fee
Allowed Monthly Transactions

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  • Features

    - Profit payment frequency is on monthly & maturity basis

    - The funds can be fixed for a tenor ranging from 1 month to 1 year

    - Interest rate varies from 17.51% to 18.41% based on the deposited amount and the term length

    - An Islamic Fixed Deposit account

  • Benefits

    - Profit is calculated on average deposit balance

    - Competitive rewarding rates on long-term deposits

    - No requirement for the minimum and maximum amount of deposit

    - Free semi annually statement & monthly e-statements

Other Details

  • Best Suitabe For

    Short & long term savings

  • Target Age Group

    55 and above

  • Interest Rate / Profit Rate


  • Interest Calculation Frequency


  • Profit Payment Frequency


  • Currency of Account


  • Free ATM / Debit Card?

  • ATM Card Network


  • Free Cheque Book?

  • Manage with App?

  • Branch Banking

  • Online Banking?