refer to BPRD Circular No.01 dated April 13, 2012 and
BPRD Circular No.07 dated May 30, 2008 on the above subject.
2) It has now been decided that effective from April 01,
2013 minimum profit rate of 6.0% p.a. on all Pak Rupee
saving deposits will be paid by banks on average monthly
balances. It is further clarified that this rate of profit
will be applicable on all existing and new saving deposits
including term deposits.
Other instructions on the subject shall remain the same.
Any violation of the above instruction will render the
bank liable for punitive action under the relevant provisions
of the Banking Companies Ordinance 1962.