Overview
This account is ideal for:
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Individuals starting their banking journey and seeking a profitable relationship with a strong, stable bank.
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Parents saving for education, marriage, or other family needs with upfront returns.
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Business owners looking to earn immediate profit for managing operational or personal expenses.
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Salaried professionals aiming to beat inflation with advance profit on their savings.
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Non-Resident Pakistanis (NRPs) who want to invest their remittances and receive instant profit for use back home.
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Institutions looking to enhance liquidity and manage cashflows through advance profit mechanisms.
Payment Frequency & Profit Rate
Term |
Profit in Advance |
|---|---|
| 12 Months | Click here for detailed profit rates |
*on investment of Rs. 100,000/-
Features and Benefits
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Fixed Term: 12-month deposit only.
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Upfront Profit: Profit is paid in advance at the time of deposit.
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Auto Rollover: Available at maturity on prevailing profit rates (as per customer instruction).
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Premature Encashment: Facility available in case of early fund requirement.
Frequently Asked Questions (FAQs)
Q1: Can I invest money for over a period of 12 months?
No. Under this account, the investment period is fixed at 1 year only.
Q2: How can I invest in Allied Advance Profit Plus Payment?
If you are already an ABL customer, visit your nearest branch to open this deposit.
If you’re not an ABL customer, you will first need to open a Current or Savings Account.