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DIB Fixed Deposit Account

An ideal Islamic deposit account for short and long term deposit with high return


Minimum Balance Required (Rs)
100,000
Minimum Amount Required (Rs)
100,000
Daily Withdrawal Limit
(Rs)
0
Annual Fee
(Rs)
0
Allowed Monthly Transactions
-

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  • Features

    - Profit payment frequency is on monthly, quarterly, semi-annually and annual basis

    - The funds can be fixed for a tenor ranging from 1 months to 7 years

    - Interest rate varies from 8.50% to 10.56% based on the deposited amount and the term length

    - An Islamic Fixed Deposit account

  • Benefits

    - Competitive rewarding rates on long-term deposits

    - Options of withdrawal funds prior to maturity

    - Available in both Pakistan and US Dollars currency

    - Higher the deposit, higher the returns will be

    - Offering reinvestment option at maturity on prevailing profit rates

  • Eligibility

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

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

  • 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

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  • Target Age Group

    -

  • Interest Rate / Profit Rate

    10.56%

  • 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?