Soneri Mustaqeem - PLS Savings Account
Soneri Mustaqeem – PLS Savings Account is Profit and Loss Sharing (PLS) account, designed to foster equitable financial relationships among partners by distributing profits and losses. This approach aligns with the principles of fairness and shared responsibility, which are fundamental in various financial frameworks, particularly in Islamic finance.
Features
Account Type
Savings
Initial Deposit
Rs. 100/-
Maximum Balance Requirement
NIL
Profit Calculation
Monthly Average Balance
Profit Payment
Semi-Annually
Facilities
- Unlimited deposits and withdrawals.
- Internet banking, mobile banking and e-statements with no charges.
- Debit Card.
- Cheque Book.
- SMS alerts.
- Statement of account on six-monthly basis.
Notes
Kindly refer relevant product KFS/ Islamic SOC for updated product features/ facilities.
Historical Profit Rates
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