Khyber Friendly Scheme

Khyber Friendly Term Deposit 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

Salient Features:

  • Nature of account is Long Term Deposit.
  • Investment can be made for 1 year, 2 years, 3 years, 4 years and 5 years
  • Expected rate of profit for all citizens will be 5.40% per annum for the First Year, 5.50% p.a. for Year 2, 5.65% p.a. for Year 3, 5.90% p.a. for Year 4 and 6.00% per annum for the fifth and final year.
  • Expected rate of profit for senior citizens and widows will be 5.60% per annum for the First Year, 5.70% per annum for Year 2, 5.90% per annum for Year 3, 6.10% per annum for Year 4 and 6.25% per annum for the fifth and final year.
  • No limit for maximum deposit
  • The product is available in PKR only.
  • Profit rate at the time of investment/issuance shall be continued till its maturity.
  • Profit payment on monthly basis to be credited to linked accounts.
  • Free ATM Facility.
  • Free SMS Service
  • Free online transactions.
  • Free Quarterly statement of account upon customer’s request
  • Premature encashment is allowed as per Bank policy.
  • All type of taxes on profit / withdrawal / zaka are applicable.

Additional Features:

  • Financing Facility will be available to the depositor upto 90% as per the rules for advances against deposits.

Requirement to Apply:

  • Opening of Current or Saving Bank Deposit account is mandatory for issuance of KFD Term Deposit, thereof, on the basis of deposit account.

Requirement to Apply:

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

News

Mandatory Payment of Dividend through Electronic Mode

In pursuance of section 242 of the recently promulgated companies act,2017 it is now mandatory for all listed companies to pay dividend only by way of electronic mode, directly in...

RBOs conference was held at BOK Training Dept Hatyatabad Peshawar

On Feb 12, 2018 RBOs conference was held at BOK Training Dept Hatyatabad Peshawar; to review the performance of 2017 and set new targets for 2018. The Consumer Finance Dept of BOK...

Location