Overview
Bank Alfalah Islamic Mahana Munafa Term Deposit gives you the benefit of stable monthly profit payouts while ensuring full Shariah compliance. With flexible tenure options and profit calculated daily, this account helps you manage both savings growth and monthly cash flow.
What you get
- Monthly profit payouts.
- Profit calculated on a daily basis.
- Flexible tenures up to 5 years.
- Multiple-tiered profit structure.
- No maximum deposit limit.
- Free takaful coverage up to PKR 2 million.
- Premium banking privileges on higher balances.
- Shariah-compliant investment under Mudarabah.
Features & Benefits
Deposit Requirements
- Minimum deposit: PKR 100,000.
- No maximum deposit limit.
Flexible Tenures
Choose from 1 year, 2 years, 4 years, or 5 years.
Profit Calculation & Payout
- Profit calculated daily.
- Disbursed monthly for consistent income.
Multiple Tiers
Higher deposits earn higher returns.
Takaful Coverage
- Free accidental death and permanent disability takaful up to PKR 2 million.
- Applies on maintaining PKR 10,000 average monthly balance in checking account.
Preferred Banking Privileges
- Free premium services.
- Maintain PKR 1 million or equivalent FCY deposit across accounts.
Shariah Compliance
Based on the principle of Mudarabah.
Premature Encashment
Profit paid as per declared monthly rates for the completed tenure.
Eligibility
- Available to all Bank Alfalah Islamic Current and Saving Account holders.
- Open to individuals and business entities.
Required Documents
- Valid CNIC/NICOP/SNIC.
- Proof of income/funds (if required).
- Recent passport-size photograph.
- Existing Bank Alfalah Islamic account details.
Apply Now
Get started with your term deposit application in just a few simple steps. Click below to begin
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