Term Deposit
Term Deposit
Bemisal Term Deposit
Eligibility:
Individuals, Business People, Business Entities (Sole Proprietors, Companies (Public, Private, Listed, Non-listed), Partnership Firms (Registered/ Un-Registered), Govt. Departments, Local Bodies and Corporations, Trusts, Clubs, Associations, Societies, NGOs, Public Sector Corporations/ Autonomous Bodies
Features
Customer has to open linked account (Current/ PLS/ BMBA/ SDA) for payment of profit.
Minimum deposit requirement Rs. 100,000/- for Individuals & Rs.1,000,000/- for Corporate Customers
Profit payment on quarterly basis.
Short term financing facility available on nominal rate of markup.
Deduction of Zakat and Withholding tax applicable as per law.
PLS Term Deposit
Eligibility :
Individuals, Business People, Business Entities (Sole Proprietors, Companies (Public, Private, Listed, non-listed), Partnership Firms (Registered/ Un-Registered), Govt. Departments, Local Bodies and Corporations, Trusts, Clubs, Associations, Societies, NGOs, Public Sector Corporations/ Autonomous Bodies
Features
Tenure 03 Months to 05 Years.
Zakat applicable as per rules
Profit payment on maturity.
Compatible rates of profit.
Upto 95% quick financing facility available on low markup.
