|
 Corporate
societies, trusts and even individuals have large funds which are
generally idle. Such funds can be put to work to earn handsome profits
via the AL Habib Treasurer's Account.
This plan is open to both PLS and Current Deposited Account. Access
to such funds requires only a 24 hour notice. Profit is calculated
on a daily product basis and credited to your Account monthly. The
applicable rates for the Treasurer's Call Deposited Account, effective
January 1, 2005 are:
|
Deposit Amount |
Rate per Annum |
|
On Balances Below Rs. 250,000 |
Nil |
|
On Balances from Rs. 250,000 to 999,999
|
1.25% |
|
On Balances from Rs. 1,000,000 to 4,999,999 |
1.50% |
|
On Balances above Rs. 5,000,000> |
1.75% |
|
On Balances above Rs. 50,000,000 |
To be quoted by zonal office |
Note:
For detailed terms and conditions of AL Habib Mahana Amdani Scheme,
please refer to the related Rules and Regulation section.
Rules & Regulations:
Download PDF ( 16.5
KB Approx. )* Rates are subject to change. Please
contact your branch for up to date information. |
