Pakistan
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Pakistan Deposits
| Provider | Rate | |||
|---|---|---|---|---|
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MCB 1 Year Term Deposit The interest rate is applicable for the MCB PKR term deposit product and for a time horizon of 1 year. This is for deposit amounts of 500k PKR and above at maturity. +Follow |
11.43% 1 year | Aug 2019 | |
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HBL 1 Year Term Deposit Rate is for a 1 year term with a minimum investment of Rs. 25,000 for the 'HBL AdvantageAccount' +Follow |
11.25% 1 year | Aug 2019 | |
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5.15% 5 year | Feb 2018 |
The Pakistani economy with a population of 170.6 Million (Est 2010) ranks 27th in the world with a GDP PPP of 439.5 billion and GDP PPP per capita of 2,683 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Pakistan Rupee (PKR). Bank deposits held for a fixed term in Pakistan are called term deposits. According to CIA.gov data the inflation rate in Pakistan was 7.7% (2013 est.) and 9.7% (2012 est.)