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1 Product Name Allied Express Plus 1 Term deposit
2 Eligibility Allied Express account holders only (fresh and existing)
3 Type Term deposit
4 Offered terms 01 month
03 months
06 months
12 months
5 Profit payout Monthly(excluding one month term)/ maturity
6 Roll over Not Allowed
7 Zakat deduction Zakat will be deducted as per the Zakat & Ushr Ordinance 1980, unless Zakat exemption certificate is submitted.
8 Withholding Tax on profit Withholding Tax shall be deducted from the profit amount as per the income tax provisions.

In case, you’re an Allied Express account holder and want to book an Allied Plus 1 TDR, following steps will be performed:

You can Avail the facility by following below steps

  • Request for booking Allied Express Plus 1 TDR to your ABL’s Branch
  • Fulfilling the requisites for a link Current Account opening. required for due profit payments and can be used for routine purposes.

1). Only Allied Express Account holders are eligible for Allied Express Plus 1 TDR (Existing and New).

2). No rollover will be allowed post the term selected.

3). In case of pre maturity, minimum PLS/saving rate to be applied, the PLS / saving rate at the time of booking or the prevailing PLS/saving rate, whichever is lower.

Projected Profit Rates – Allied Bank (abl.com)

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