Soneri Bank declares rates of profit for July – December, 2013

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KARACHI-

SONERI BANK LIMITED has declared its rates of profit for different types of PLS Deposits from July up to December, 2013. The Deposit category includes PLS Savings Account with a profit rate of 6.50% p.a., Soneri Sahara Account (Senior Citizens) with a profit rate of 7.75% p.a., PLS Soneri Savings Accounts with a Balance Threshold of up to Rs. 10.0 Million with a 6.50% profit rate p.a., over Rs. 10.0 Million to Rs. 50.0 Million-the profit rate is 6.55 % p.a., over 50.0 Million to Rs. 100.0 Million-the profit rate is 6.60 % p.a., over Rs. 100.0 Million to Rs. 250.0 Million- the profit rate is 6.75% p.a., over Rs. 250.0 Million to Rs. 500.0 Million – the profit rate is 7.25% p.a. and over Rs. 500.0 Million – the profit rate is 7.50%. The notice deposits include a 7 Days’ Notice period with a 6.50 % profit rate p.a. and a 30 Days’ Notice period with an 6.50 % profit rate p.a. The Term Deposits include monthly and yearly tenors. The 1 month Tenor 6.50% at Maturity. The 3 months Tenor includes 6.50% profit at monthly intervals and 6.55% at Maturity. The 6 months Tenor includes monthly intervals of 6.55% profit, quarterly intervals of 6.59% profit and 6.75% at Maturity. The 1 year Tenor includes monthly intervals of 7.72% profit, quarterly intervals of 7.77% profit, six monthly intervals of 7.85% and 8.00% at Maturity. The 2 years Tenor includes monthly intervals of 7.86% profit, quarterly intervals of 7.93% profit, six monthly intervals of 8.01%, yearly intervals of 8.17% profit and 8.50% at Maturity. The 3 years Tenor includes monthly intervals of 7.59% profit, quarterly intervals of 7.64% profit, six monthly intervals of 7.72%, yearly intervals of 7.87% profit and 8.50% at Maturity.

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