UAN: 111-331-331 04 February, 2012 | Rabi-ul-Awal 11, 1433

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MBL Redemption Schedule

Premature Encashment

Premature Encashment of a Certificate(s)

In case of Premature Encashment of a certificate(s), profit will be paid with respect to the applicable product category rate mentioned below.

Early Redemption Schedule for the Meezan Aamdan Certificate (Effective Nov 1, 2009)
S.No.
Premature Encashment
Rates Applicable
1.
Within 1 month
No Profit
2.
1 Month to less than 1 Year
30%-Saving Account Rate
3.
1 Year to less than 5 Years
Monthly COII rates of respective period
4.
5 Years and above
5 Year - Monthly COII rate

Early Redemption Schedule for the Certificate of Islamic Investment (Effective: July 17, 2008)
S No.
Tenure
Rates Applicable on Premature Encashment within
  1 Months3 Months6 Months12 Months2 Years3 Years4 Years5 Years
1.
3 Months
No Profit40%-Saving Account Rate      
2.
6 Months
No Profit40%-Saving Account Rate3 Months COII     
3.
1 Years - Monthly
No Profit40%-Saving Account Rate3 Months COII6 Months COII    
4.
1 Years -Quarterly
No Profit40%-Saving Account Rate3 Months COII6 Months COIII    
5.
1 Years -Maturity
No Profit40%-Saving Account Rate3 Months COII6 Months COII    
6.
2 Years -Monthly
No Profit40%-Saving Account Rate3 Months COII6 Months COII1 Year Monthly COII   
7.
2 Years -Quarterly
No Profit40%-Saving Account Rate3 Months COII6 Months COII1 Year Monthly COII   
8.
2 Years -Maturity
No Profit40%-Saving Account Rate3 Months COII6 Months COII1 Year Monthly COII   
9.
3 Years -Monthly
No Profit40%-Saving Account Rate3 Months COII6 Months COIII1 Year Monthly COII2 Y Monthly COII  
10.
3 Years -Quarterly
No Profit40%-Saving Account Rate3 Months COII6 Months COII1 Year Monthly COII2 Y Monthly COII  
11.
3 Years -Maturity
No Profit40%-Saving Account Rate3 Months COII6 Months COII1 Year Monthly COII2 Years  Monthly COII  
12.
5 Years- Monthly
No Profit40%-Saving Account Rate3 Months COII6 Months COII1 Year Monthly COII2 Years  Monthly COII3 Years 
Monthly COII		3 Years 
QuarterlyCOII
13.
5 Years- Quarterly
No Profit40%-Saving Account Rate3 Months COII6 Months COIII1 Year Monthly COII2 Years  Monthly COII3 Years 
Monthly COII		3 Years 
QuarterlyCOII
14.
5 Years- Maturity
No Profit40%-Saving Account Rate3 Months COII6 Months COII1 Year Monthly COII2 Years  Monthly COII3 Years  Monthly COII3 Years 
QuarterlyCOII

Early Redemption Schedule for the Meezan Providence Certificate (Effective: July 17, 2008)
S No.
Tenure
Rates Applicable on Premature Encashment within
  3 Months6 Months12 Months2 Years3 Years4 Years5 Years6 Years7 Years
1.2 Yr - 6 MonthlyNo Profit40%-Saving Account Rate3 Months COII6 Months COII     
2.2 Yr - MaturityNo Profit40%-Saving Account Rate3 Months COII6 Months COII     
3.3 Yr - MaturityNo Profit40%-Saving Account Rate3 Months COII6 Months COII1 Year Monthly COII    
4.5 Yr - MaturityNo Profit40%-Saving Account Rate3 Months COII6 Months COII1 Year Monthly COII2 Year Monthly COII3 Year Monthly COII  
5.7 Yr - MaturityNo Profit40%-Saving Account Rate3 Months COII6 Months COII1 Year Monthly COII2 Year Monthly COII3 Year Monthly COII5 Year Monthly COII5 Year Quarterly COII

 

Early Redemption Schedule for the Dollar Mudarabah Certificate (Effective: Nov 1, 2009)
S No.
Tenure
Rates Applicable on Premature Encashment within
  1 Months3 Months6 Months1 Year2 Years3 Years
1.
3 Months
No Profit$ Saving Rate    
2.
6 Months
No Profit$ Saving Rate3 Months
$ COII 		   
3.
1 Year - 6 Monthly
No Profit$ Saving Rate3 Months
$ COII 		6 Months
$ COII 		  
4.
1 Year - Maturity
No Profit$ Saving Rate3 Months
$ COII 		6 Months
$ COII 		  
5.
2 Years - 6 Monthly
No Profit$ Saving Rate3 Months
$ COII 		6 Months
$ COII 		1 Year -
$COII 6monthly 
 
6.
2 Years - Maturity
No Profit$ Saving Rate3 Months
$ COII 		6 Months
$ COII 		1 Year -
$COII 6monthly
 
7.
3 Years - 6 Monthly
No Profit$ Saving Rate3 Months
$ COII 		6 Months
$ COII 		1 Year -
$COII 6monthly
1 Year -
$ COII maturity
8.
3 Years - Maturity
No Profit$ Saving Rate3 Months
$ COII 		6 Months
$ COII 		1 Year -
$COII 6monthly
1 Year -
$ COII maturity

 

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