If you are looking to earn high rate of returns on your savings with the flexibility of withdrawing your profits at your convenience, then Falah Mahana Munafa Term Deposit may be best suited for you. You can place funds in this product if you are an individual or a business entity.
|Eligibility Criteria||All Bank Alfalah Islamic Current and Saving Accountholders.|
|Minimum Deposit||PKR 100,000/-|
|Tenures Available||1 year, 2 year, 4 year and 5 year terms|
|Additional Benefits||On maintaining, an average monthly balance of PKR 10,000/- in your checking account, get free accidental death and permanent disability takaful coverage of up to PKR 2 Million.
On maintaining a minimum monthly average balance of PKR 1m or equivalent FCY deposit in current/savings/term deposit accounts, avail numerous free services as per our preferred banking services.
|Underlying Principle||This product is based on the concept of Mudarabah|