Paishgi Munafa Account

Askari Paishgi Munafa Account is a unique term deposit designed to meet the immediate financial needs of individual investors who want to invest funds for the medium term. Now you don’t have to wait the entire term to receive your profit. The most significant feature of this product is that the customer receives the entire profit upfront at the time of placement. So you can fulfill your financial needs today without depleting your savings. Salient features of the account are mentioned below:

Features Details
Product Type: Term Deposit
Eligibility: Pakistani Resident (Individual)
Minimum Amount: Rs. 100,000/- or in multiples of Rs. 100,000/-
Expected Rate of Return: 4.25% per annum
Tenure: 15 months
Benefits:
  • Financing facility up to 80% of principal amount
  • Free Visa Debit Card issuance
  • No minimum balance requirement in checking account
  • 2 free pay orders in a month (Withholding tax and other government charges will be applicable as per the law)
  • No maximum limit for investment

All profits payable are subject to applicable Zakat and Govt. levies and changes in the Banks policies from time to time.