Monthly saver account: Bank Al Habib offers incentives
Account offers an estimated return of 7% per annum on average balance.
KARACHI:
Bank Al Habib has said that its Monthly Saver Account meets the banking and savings needs of people of all ages and professions. In a press release, it said that with no restriction on withdrawal, the Monthly Saver Account offers an estimated return of 7% per annum on average balance. The return is paid every month. Apart from this, the bank allows borrowing of 90% of the deposited amount in the account. The bank said at present it has a network of 455 branches and sub-branches spread across 137 cities including offshore branches in Bahrain, Malaysia and Seychelles. The bank also has its representative offices in Dubai, China and Turkey.
Published in The Express Tribune, December 5th, 2014.
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