Bemisal Term Deposit

Bemisal Term Deposit (BTD) Eligible Customers:

  • Individuals including Widows and Senior Citizens
  • Sole Proprietorship / Partnership / Pvt. Limited Co. / Public Limited Co.
  • Government Organization (Federal / Provincial)
  • District Government / Local Government Organization
  • Trust / Club / Association / Society / Political Party / Charity / NGO / NPO
  • Public Sector Corporation / Autonomous Body
  • Accountholders of Foreign missions

Requirement to Apply:

  • Minimum deposit requirement is Rs.100,000/-
  • Opening of Current or Saving Bank Deposit account is mandatory for issuance of BTD , thereof, on the basis of deposit account

Salient Features:

  • Nature of account is Long Term Deposit.
  • Instrument tenor is 5 years.
  • No limit for maximum deposit
  • The product is available in PKR only.
  • Expected rate of profit is 12.00% flat from 1st year to 5th year.
  • BTD profit rate at the time of investment / issuance shall be continued till maturity.
  • The profit rates are subject to change(s) made from time to time. Branches shall refer to rates changes, circulated from time to time.
  • Profit payment on monthly basis to be credited to linked accounts.
  • Free SMS Service
  • Free online transactions in respective customer’s account.
  • Free Quarterly statement of account upon customer’s request
  • Premature encashment is allowed as per Bank policy.
  • All type of taxes on profit / withdrawal / zakat are applicable.

Additional Features:

  • Financing Facility up to 90% TDR (BTD) locked amount.

Swipe in facility:

  • Swipe in facility up to 30% of total TDR amount is allowed once during TDR period.
  • Profit rate will be decreased by 1% in case of availing swipe in (early partial withdrawal) facility.

What is Swipe in facility?

With Swipe-in Facility one can link existing Term deposit account to Savings or Current Account. In case of a shortfall in the account in processing a debit instruction, the deficit is taken care of by withdrawing an exact value from Term Deposit Account.


BOK Launches Kamal Plus Current Account (One Account Mutiple Benefits)

BOK launches KAMAL PLUS CURRENT ACCOUNT with added benefits and features to offer you stress free banking.   Existing Kamal Current Account will be upgraded to the new KAMAL PLUS...

Public Awareness regarding Biometric Verification of Different types of accounts of existing customers

State Bank of Pakistan has advised following treatment for existing customers who are presently residing out of Pakistan vide BPRD circular letter No. 16 of 2019. Non Resident...