New PR (2) - law PDF

Title New PR (2) - law
Author Nazakat Hussain
Course Civil Law
Institution University of the Punjab
Pages 1
File Size 192.6 KB
File Type PDF
Total Downloads 41
Total Views 155

Summary

law...


Description

Income Distribution - Month Ended November 30, 2019 (Profit Rates are "Per Annum" basis and Declared on Monthly basis) - Updated on December 02, 2019 Rupee Savings Account:

Meezan Asaan Savings Account:

Profit Payment

Profit Rate

Monthly

7.00%

* Monthly Profit Payment * Profit eligibility from Re. 1 * Profit calculation on daily balance * Account opening with Rs. 100

Karobari Munafa Account: Amount in PKR

Labbaik Savings Account:

Profit Payment

Profit Rate

Monthly

7.00%

* Monthly Profit Payment * Profit eligibility from Re. 1 * Profit calculation on daily balance * Minimum Investment Rs. 100

Re. 1 - 9.99 Million

Profit Rate 7.00%

Rs. 10M - 49.99M

7.36%

Meezan Business Plus Account:

Profit Payment

Profit Rate

Monthly

7.00%

* Monthly Profit Payment * Profit eligibility from Re. 1 * Profit calculation on daily balance * Minimum Investment Rs. 1,000

Karobari Munafa Account: Pakistan Energy Sukuk Profit Payment Monthly * Monthly Profit Payment * Profit eligibility from Re. 1 * Profit calculation on daily balance

Profit Payment

Karobari Munafa Account: Clubbed Relationship Amount in PKR

Profit Rate 12.39%

Re. 1 - 499.99M

0.18%

7.00%

8.26%

Rs. 500K & Above

7.36%

7.54% 8.08% 8.26%

Rs. 2 Billion - 3.49 Billion

11.67%

Rs. 1 Billion - 1.99 Billion Rs. 2 Billion - 4.99 Billion

8.62% 9.88%

Rs. 3.50 Billion - 4.99 B

-

Rs. 5 Billion & Above

-

Rs. 5 Billion & Above

12.57%

11.67%

Profit Payment

Smart Remittance Wallet Account: Profit Payment

Monthly

Quarterly

Maturity

Monthly

Quarterly

12.39%

12.39%

12.39%

12.39%

12.39%

12.39%

COII for Islamic Financial Institutions (IFIs) 5 Years

Tenure Profit Payment

Maturity

Monthly

Quarterly

Maturity

12.39%

12.39%

12.39%

12.39%

1 Month Maturity

Profit Rate

-

3 Months Monthly -

6 Months

1 Year

Monthly

Monthly

-

Minimum Investment Rs. 200 Million. Profit Payment Monthly

MMC & COII Tenure

1 Month

Profit Payment Rs. 50K to 0.99M

Maturity 7.90%

Rs. 1M to 9.99M

8.44%

3 Months Maturity 8.08% 8.62%

Meezan Amdan Certificate (MAC)

6 Months Maturity 8.44%

1 Year Monthly 9.70%

8.80%

10.42%

Quarterly 9.52% 10.24%

Islamic Long Term Financing Facility (ILTFF)

Minimum Investment: Rs. 100,000/Profit Payment on Monthly basis

Maturity 10.06%

Tenure Profit Rate

10.95%

5.5 Years

7 years

12.57%

12.57%

Profit Payment (Quarterly) 3 Years-Tex

10.59%

10.59%

11.13%

Meezan Amdan Certificate (MAC) Senior

10.95%

10.59%

11.31%

Minimum Investment: Rs. 50,000/Profit Payment on Monthly basis

Rs. 10M to 49.99M

9.16%

9.34%

Rs. 50M to 99.99M

9.70%

9.88%

9.70% 10.06%

Rs. 100M to 499.99M

12.21%

12.39%

12.39%

-

13.11%

12.21%

12.39%

12.57%

-

-

13.11%

-

-

-

-

Rs. 500M to 999.99M Rs. 1B to 4.99B

12.57%

Rs. 5B & Above

-

12.21%

Tenure Profit Rate

5.5 Years 12.57%

Profit Rate 3.59%

5 Years- Tex

2.69%

10 Years- Tex 3 Years- NonTex

2.15% 4.67%

7 years

5 Years- NonTex

3.59%

13.11%

10 Years- NonTex

3 .05%

13.65%

MBL Additional Tier I Sukuk Profit Payment Monthly

Foreign Currency Savings Accounts Currency USD GBP

Profit Payment Monthly Monthly

Profit Rate 0.64% 0.21%

EURO

Monthly

0.11%

MBL Tier II Sukuk

Profit Rate 15.44%

Profit Payment Six Monthly

Profit Rate 14.72%

Dollar Mudarabah Certificate (DMC) Tenure Profit Payment USD 10K - USD 49.9K

3 Months Maturity 1.09%

6 Months Maturity 1.19%

USD 50K & above

1.23%

1.29%

1 Year Six Monthly 1.68% 1.78%

1 Year Maturity 1.74% 1.84%

3 Years Six Monthly 1.78% 1.88%

7.00%

0.18%

3 Years

Monthly

Profit Rate

Monthly

* Profit calculation on daily balance

Certificate of Islamic Investment (COII): 1.5 Years, 2 Years, 3 Years & 5 Years 2 Years

1.5 Years

Profit Rate 7.00% -

7.00%

* Profit eligibility from Re. 1 Profit Rate

Monthly

Amount in PKR Re. 1 - Rs. 199.9 Million Rs. 250M - Rs. 499.99M Rs. 500M - Rs. 999.99M Rs. 1B - Rs. 1.99B Rs. 2B - Rs. 2.99B Rs. 3B & Above Profit Rate

Monthly * Monthly Profit Payment

Margin Account Profit Payment

8.44%

* Monthly Profit Payment * Profit eligibility from Re. 1 * Profit calculation on daily balance * Minimum Investment Rs. 2,000

Meezan Express Savings Account:

* Account Opening with Rs. 50K * Monthly Profit Payment * Profit eligibility from Re. 1

* Monthly Profit Payment

Profit Rate

Monthly

7.36%

MIIDA & MIIDA - NBFI: Profit Rate

Re. 1 - 499.99K

Rs. 50M - 199.99 M

Rs. 500M - 999.9 9M

Meezan Kafalah Account: Profit Payment

Profit Rate

Monthly

Meezan Bachat Account: Amount in PKR

7.54%

Rs. 500M - 999.9 9M

Rs. 1 Billion - Rs. 1.99 Billion

Profit Payment

* Monthly Profit Payment * Profit eligibility from Re. 1 * Minimum Investment Rs. 500 for Kids & Rs. 1,000 for Teens account

Profit Rate

Rs. 200M - 499.9 9M

Monthly Profit Payment

Meezan Kids & Teens Accounts: Profit Rate

Monthly * Profit eligibility from Re. 1 * Free Cheque Books, Pay Orders, Inter-city clearing, Visa Debit Card, SMS Alerts, Hold Mail facility, etc. on maintenance of monthly average balance of Rs. 25K

3 Years Maturity 1.84% 1.91%

~ Free Online Banking across Pakistan ~ Free accidental Takaful Coverage* on maintaining monthly average deposit of Rs. 10,000/- * Terms & Conditions apply

-...


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