Al Baraka Bank has introduced Term Deposit Account in Pakistan
All Pakistani men and women who want to deposit their money can open this account.
What is Al baraka term deposit account?
It works like an Account Savings Account but the difference is Customer Agreement with Bank
After opening a term deposit account, the customer puts money in it. The more money the customer keeps in his account, the more profit is given by the bank to the customer.
Term deposit accounts can be opened by all Pakistanis
Candidates must be 18 years of age to open term deposit account.
Term deposit account can be opened in Pakistani currency and foreign currency
At least 25,000 will be required to open a term deposit account in Pakistani currency.
Term deposit account can be opened for one month or for two months or for three months or for six months or for one year or for three years or for five years.
If the customer wants to open an account in foreign currency
So you can open a term deposit account in one thousand dollars or pound or euro or UAE currency
How to open a Term Deposit Account
Candidates who want to open this account can go to any branch of Al Baraka Bank and open this account.