Professional Documents
Culture Documents
S.P.M.(Revised) - Chapter - IV
Type of deposit
Profit for the half year ended December 31, 2017 on Profit & Loss sharing Deposits and Other
Deposits shall be distributed at the following rates: -
1. PLS DEPOSITS:
Rs.1 to Rs.1,000 M
Period Rs.0.5 M to Rs.100 M to Rs.500 M to
Rs.499,999 to
Rs.99.99 M Rs.499.99 M Rs.999.99 M
5,000 M
01 Year 5.75% 5.80% 5.85% 5.90% 5.95%
2 Years 6.05% 6.10% 6.15% 6.20% 6.25%
3 Years 6.80% 6.85% 6.90% 6.95% 7.00%
4 Years 7.80% 7.85% 7.90% 7.95% 8.00%
5 Years 8.65% 8.70% 8.75% 8.80% 8.85%
6 Year/ 9.30% 9.35% 9.40% 9.45% 9.50%
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7 Years 10.30% 10.35% 10.40% 10.45% 10.50%
8 Years 11.30% 11.35% 11.40% 11.45% 11.50%
9 Years 12.30% 12.35% 12.40% 12.45% 12.50%
10 Years 13.30% 13.35% 13.40% 13.45% 13.50%
It should be ensured that Profit is credited to the depositors' account or paid to them without any loss
of time latest by15.01.2018.
Accordingly profit shall be calculated for customers as per the 'Average balance of the month'.
All premature encashment of NBP Premium Aamdani Account & NBP PLS plus Term Deposit
Account shall be dealt with in accordance with the relevant product policy and circulars.
Saving Bank Profit calculated on above mentioned basis will be credited to the Saving Bank Account
of the account holders and in case of Special Notice / Term Deposits Receipt Holders it's credit be
given in their Saving Bank / Current Account and if they do not have any checking account, then a
non-checking account profit payment account will be opened and profit will be paid through that
account under product 4555, through Pay order.
Indicative rates of Profit for the half year i.e. from January 01, 2018 to June 30, 2018 will be
sent in due course.
Please ensure that the profit on various deposits is credited by January 15, 2018 and
confirmation to be sent through e-mail (ciasim.muhammadnbp.com.pkl.
The Branch Managers/Operations Managers are directed to display these declared rates at a
Prominent place in the branch for information of the customers.
Profit on closed PLS accounts during the period will be paid as per the Terms & Conditions
of the Account Opening Form through Pay Order.
\It Sethi
C.
/Divisional Head
Fitiancial Control Group Financi ol Group
To:
1. All SEVPs/Chief of Groups /Divisional Heads/Wings/Departments at Head Office
2, All Regional Heads/RBHM/GM Operations/GM Credits/ RM HR / RCO.
All Regional Audit Chiefs/ Directors Staff Colleges/JNMDC
All General Managers / Chief Managers/ Branch Managers/Operation Managers
(Domestic& Corporate)