Allied Bank introduces Allied Express Plus 1 Term Deposit, A unique account that gives you the benefit earning a better profit. Open Allied express account today from any one of 1350 branch network and receive foreign home remittances with better profit and additional benefits.
Allied Express Plus 1 TDR Features:
|1||Product Name||Allied Express Plus 1 Term deposit|
|2||Eligibility||Allied Express account holders only (fresh and existing)|
|4||Offered terms||01 month
|5||Profit payout||Monthly(excluding one month term)/ maturity|
|6||Roll over||Not Allowed|
|7||Zakat deduction||Zakat will be deducted as per the Zakat & Ushr Ordinance 1980, unless Zakat exemption certificate is submitted.|
|8||Withholding Tax on profit||Withholding Tax shall be deducted from the profit amount as per the income tax provisions.|
How to apply
In case, you’re an Allied Express account holder and want to book an Allied Plus 1 TDR, following steps will be performed:
You can Avail the facility by following below steps
- Request for booking Allied Express Plus 1 TDR to your ABL’s Branch
- Fulfilling the requisites for a link Current Account opening. required for due profit payments and can be used for routine purposes.
- Only Allied Express Account holders are eligible for Allied Express Plus 1 TDR (Existing and New).
- No rollover will be allowed post the term selected.
- In case of pre maturity, minimum PLS/saving rate to be applied, the PLS / saving rate at the time of booking or the prevailing PLS/saving rate, whichever is lower
- Frequently Asked Questions