|
|
|
|
Period
|
3 Months
|
6 Months
|
1 Year
|
2 Years
|
3 Years
|
4 Years
|
5 Years
|
|
Profit Frequency
|
Upon Maturity
|
Upon Maturity
|
Semi Annual
|
Semi Annual
|
Quarterly
|
Quarterly
|
Monthly
|
|
Amount in Rs.
|
Rate of Return
|
Rate of Return
|
Rate of Return
|
Rate of Return
|
Rate of Return
|
Rate of Return
|
Rate of Return
|
|
50,000 to 1,000,000
|
8.00% |
8.50% |
9.00% |
9.50% |
10.00%
|
11.00%
|
12.00%
|
|
1,000,001 to 5,000,000
|
8.00% |
8.50% |
9.00% |
9.50% |
10.00%
|
11.00%
|
12.00%
|
|
5,000,001 to 10,000,000
|
8.00% |
8.50% |
9.00% |
9.50% |
10.00%
|
11.00%
|
12.00%
|
|
10,000,001 to 15,000,000
|
8.00% |
8.50% |
9.00% |
9.50% |
10.00%
|
11.00%
|
12.00%
|
|
15,000,001 to 20,000,000
|
8.00% |
8.50% |
9.00% |
9.50% |
10.00%
|
11.00%
|
12.00%
|
|
20,000,001 to 25,000,000
|
8.00% |
8.50% |
9.00% |
9.50% |
10.00%
|
11.00%
|
12.00%
|
|
25,000,001 to 30,000,000
|
8.00% |
8.50% |
9.00% |
9.50% |
10.00%
|
11.00%
|
12.00%
|
|
30,000,001 to 50,000,000
|
8.00% |
8.50% |
9.00% |
9.50% |
10.00%
|
11.00%
|
12.00%
|
|
50,000,001 and above
|
8.00% |
8.50% |
9.00% |
9.50% |
10.00%
|
11.00%
|
12.00%
|
|
|
-
The rate of return is subject to Taxation and Zakat as determined by
Government of Pakistan.
-
The rate of return is commensurate with the maturity period and the
amount invested in the COIs.
-
The rate of return is subject to change without any notice and the
return determined by OIBPL shall be conclusive and binding on the COI
holders.
|
|
|
|
 
|
Form of Certificate:
OIBP COI's are offered in "Registered" form.
Investment Limit:
OIBP may at its discretion determine the minimum amount of initial investment in COI
from time to time. However, there is no limit as to the maximum amount of investment
maturity period. The minimum maturity period to issue COI is one month.
Application Form:
Application for registration for purchase of COI may be made in the prescribed
form by individuals (singly or jointly) and by corporate bodies, firms,
registered societies, and trusts. Click here
to download the application form.
Delivery of Certificates:
Only after receipt of funds. The COI will be issued and delivered, in the case of
cash payment, on the same or following day and in the case of cheque, pay order or
demand draft, after realization of proceeds.
Zakat Deductible at Source:
Zakat shall be charged and collected on a compulsory basis in accordance with the
Zakat and Ushr Ordinance, 1980, and the rules made thereunder. The rate of Zakat
deductible will be 2.5% of the face value of COI as at the commencement of the
day on the Valuation Date, in each Zakat year. The deduction shall be made on the
date on which the first return is paid or on the date of encashment, whichever is
earlier in the Zakat year.
Withholding Tax:
Tax shall be deducted at source from payment of profits as required by the Income
Tax Ordinance, 1979. At present tax is chargeable at the rate of ten percent (10%)
of the amount of profit being paid.
|
|
|
