20000116

HBL announces PLS profit rates

KARACHI: Habib Bank Limited has declared the following profit rates on various categories of PLS deposits for the second half of the year ended December 31, 1999.

PROFIT RATES

TYPE OF DEPOSITS % PER ANNUM

1. PLS SAVINGS BANK ACCOUNT 6.00

2. PLS SPECIAL SAVINGS DEPOSIT SCHEME

01 Rs 3 (M) & over but less than Rs 25 (M) 9.00

02 Rs 25 (M) & over but less than Rs 50 (M) 9.50

03 Rs 50 (M) & above but less than Rs 100 (M) 10.50

04 Rs 100 (M) & above but less than Rs 500 (M) 11.50

05 Rs 500 (M) & above but less than Rs 1000 (M) 12.00

06 Rs 1000 (M) and above 12.50

3. PLS TDRs/PLS KHAS TDRs

01 month 7.50

02 months 7.75

03 months 8.00

06 months 8.50

01 year 9.00

1 1/2 years 9.00

02 years 9.50

2 1/2 years 9.50

03 years 10.00

3 1/2 years 10.00

04 years 10.50

4 1/2 years 10.50

05 years & above 11.00

4 PLS-SNTDs

07 to 29 days notice 6.00

30 days & over notice 7.50

5. PLS-Monthly Income Scheme (3 years) 11.00

6. PLS-Converted Rupee Saving Deposits 11.00

7. Crore Pati Deposit Certificate

01 For 3 Months 6.00

02 For 6 Months 6.50

03 For 12 Months 7.00

8. PLS Golden Investment Scheme (Discontinued) 11.00

9. PLS Monthly Income Scheme (5 years) (Discontinued) 11.00

10. F.I.TDR (3 MONTHS FINANCIAL INSTITUTIONS TDR)

On Deposit of Rs 100 (M) & over but less than Rs 500 (M) 11.50

On Deposit of Rs 500 (M) & over but less than Rs 1000 (M) 12.00

On Deposit of Rs 1000 (M) and above 12.50

11. BULK converted Rupee Saving Deposits (BCRSD) 11.60

12. PLS-GOLDEN TERM DEPOSITS (GTD) 10.00

13. PLS-GOLDEN SAVING DEPOSITS (GSD) 8.00