Faysal Izafa Term Deposit provides you one of the most convenient ways of receiving profit on annual, semi-annual, quarterly or monthly basis. You can enhance your lifestyle on your own types.
Product Features & Benefits
- Minimum investment of Rs. 25,000/ is required.
- Attractive profit rates *
- Flexible tenure options ranging from 1, 3 and 6 months as well as 1, 2 and 3 years.
- You have an option to avail profit payments on annual, semi-annual, quarterly or monthly basis
- Your Current Account or Savings Account is opened to disburse profit earned on your investment in Faysal Izafa.
- Profit in your current account can be easily accessed through chequebook and ATM /Debit Card.
- You can even withdraw your funds prior to maturity which will be subject to deduction of premature encashment penalty as per the Bank’s prevailing Schedule of Charges.
- Service charges apply as per the Bank’s prevailing Schedule of Charges.
*Please contact your relationship manager for prevailing profit rates.
Note: All taxes and Zakat are applicable as per Government regulations.
Latest rate sheet 1-April-2020