KARACHI – Soneri Bank has declared its rates of profit for different types of PLS Deposits from July up to December, 2011, says a press release. The Deposit category includes PLS Savings Account with a profit rate of 5.00pc pa, Soneri Sahara Account (Senior Citizens) with a profit rate of 10.00pc pa, PLS Soneri Savings Accounts with a Balance Threshold of up to Rs 100,000 with a 5pc profit rate p.a., over Rs. 100,000 to Rs. 1.0 Million-the profit rate is 7.00 % p.a., over 1.0 Million to Rs. 5.0 Million-the profit rate is 8.00 % p.a., over Rs. 5.0 Million to Rs. 10.0 Million- the profit rate is 9.00% p.a., over 10 Million- the profit rate is 9.50% p.a. The notice deposits include a 7 Days’ Notice period with a 6.0 % profit rate p.a. and a 30 Days’ Notice period with an 8.0 % profit rate p.a.
The Term Deposits include monthly and yearly tenors. The 1 month Tenor includes monthly intervals of 8.00 % profit and 8.00% at Maturity. The 3 months Tenor includes 8.44% profit at monthly intervals and 8.50% at Maturity. The 6 months Tenor includes monthly intervals of 8.84% profit, quarterly intervals of 8.90% profit and 9.00% at Maturity.  The 1 year Tenor includes monthly intervals of 10.25% profit, quarterly intervals of 10.34% profit, six monthly intervals of 10.48% and 10.75% at Maturity.