| 1 | Product Name | Allied Express Plus 1 Term deposit |
| 2 | Eligibility | Allied Express account holders only (fresh and existing) |
| 3 | Type | Term deposit |
| 4 | Offered terms | 01 month 03 months 06 months 12 months |
| 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. |
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.
1). Only Allied Express Account holders are eligible for Allied Express Plus 1 TDR (Existing and New).
2). No rollover will be allowed post the term selected.
3). 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
FAQs
