Savings Account Profit Rates in Pakistan


Note: Savings account profit rates in Pakistan can fluctuate frequently based on several factors, including the State Bank of Pakistan's policy rate and individual bank policies. It's always recommended to check with the specific banks you're considering for the most accurate and up-to-date rates.

Commercial Banks

Commercial banks in Pakistan typically offer savings accounts with competitive profit rates. Some of the major players in the market include:

  • HBL (Habib Bank Limited)
  • UBL (United Bank Limited)
  • MCB (Muslim Commercial Bank)
  • Allied Bank
  • Standard Chartered Bank
national savings

Islamic Banks

Islamic banks in Pakistan adhere to Shariah principles and offer savings accounts based on Islamic modes of financing, such as Mudarabah and Musharakah. Some prominent Islamic banks include:

  • Meezan Bank
  • Faysal Bank
  • Bank Alfalah Islamic
  • JS Bank Islamic

Factors Affecting Profit Rates:

  • State Bank of Pakistan's Policy Rate: The central bank's policy rate influences interest rates in the market, which can impact savings account profit rates.
  • Bank Policies: Individual banks may have their own pricing strategies and promotional offers that can affect profit rates.
  • Account Type: Different types of savings accounts (e.g., basic, premium) may have varying profit rates.

For the most accurate and current information on savings account profit rates, it's advisable to visit the websites of specific banks or contact their customer service departments.