KARACHI: The Silkbank has launched a savings account that pays profit in cash on a daily basis. Named `Silkbank Munafa Rozana’, the savings account offers a `high rate of daily profit, with withdrawal flexibility and convenience’, says a statement issued here on Wednesday.
It said that the customers get profit in their account every day, substantially increasing the effective profit rate on their savings.The profit is calculated and credited to the customer’s account on a daily basis while customers can access their funds and added profit at any time through their cheque book, debit card and internet banking, the statement added. – Brecorder