With Falah Islamic Senior Citizen Term Deposit you can now have a high return yielding savings avenue with increased profit on higher deposit levels. The product provides senior citizens with financial safety and independence so that they can spend their retirement in peace.
|Eligibility Criteria||All Bank Alfalah Islamic Current and Saving Accountholders.|
|Minimum Deposit||PKR 100,000/-|
|Maximum Deposit||Greater than PKR 100,000 in the multiples of PKR 50,000|
|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|