Samba Bank Term Deposit Account

An account that offers you multiple profit payment option on your short medium and long term investment


Minimum Balance Required (Rs)
No Requirement
Minimum Amount Required (Rs)
100
Daily Withdrawal Limit
(Rs)
0
Annual Fee
(Rs)
1,000
Allowed Monthly Transactions
-

View Phone Number
  • Features

    - Profit payment frequency is on monthly, maturity, quarterly, semi-annually, annually

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

    - Interest rate varies from 11.25% to 12.60% based on the deposited amount and tenor length

  • Benefits

    - Financing facility up to 95% of the deposited amount

    - Profit is calculated on average deposit balance

    - Option of withdrawal funds prior to maturity

    - Renew your terms at any time before encashment

  • Eligibility

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

    Self-employed/Businessmen:
    - Age Limit: 18 - 70 years 
    - Documents required: NTN, CNIC, and 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

    Long term savings

  • Target Age Group

    18 - 70 years 

  • Interest Rate / Profit Rate

    12.6%

  • Interest Calculation Frequency

    -

  • Profit Payment Frequency

    Monthly

  • Currency of Account

    PKR

  • Free ATM / Debit Card?

  • ATM Card Network

    MasterCard

  • Free Cheque Book?

  • Manage with App?

  • Branch Banking

  • Online Banking?