Deposit Products

Faysal Mahfooz Sarmaya

To provide convenience and value to customers with foreign currency related needs, Faysal Bank’s Mahfooz Sarmaya foreign currency account offers you many attractive features.

Product Features & Benefits

  • Account can be opened in US Dollar, Pound Sterling or Euro currency
  • Minimum balance equivalent to Rs. 50,000/ is required.
  • You can open Mahfooz Sarmaya Account in any of the following account types:

Current Account

  • No restriction on number and frequency of withdrawals.

Savings Account

  • Profit is calculated on monthly minimum balance.
  • Profit is paid on six monthly basis.
  • Profit is subject to withholding tax.

Term Deposit

  • Tenures from 7 days to 1 year
  • Annual,monthly,quarterly and six monthly profit payment option available.
  • Profit is subject to withholding tax.

Service charges apply as per the Bank’s prevailing Schedule of Charges.

Latest rate sheet 01-January-2017

Note: Govt. taxes, and regulatory conditions (including FE25 regulations) are applicable as per government regulations

*Terms & Conditions apply