Need information about Money & Bank

[CssStudent]

Salaam,
Main aik student hun per sath main part time job ker kay apni study kay akhrajaat ko pura kerta hun or savings bhi kerta hun...
Main ne apni mehnat se or bachat ker ker kay 1 lakh rupees jama ker liye hain...
Ab main ye chahta hun k main kisi aisay bank main deposit keroon jahan mujhay profit bhi bohat accha milay or main her month apna profit nikaal bhi sakoon
per masla ye hai k her bank ne mukhtalif packages diye huway hain jinki mujhay samajh nahin aati...
aaj kal tv or newspapers main "Bank al habib monthly saver account" ki advertisement dekhnay ko milti hai, per ye bank mujh se bohat door hai...
aik tou mujhay ye samajh nahin aati k her bank itnay saray packages or "Terms & Conditions" kay chakkar main kion daal deta hai...
ab aap hi bataiye k main kis bank main apnay paisay invest keroon?
jahan interest rate bhi ziyada ho or sath main acchi sahooliyat bhi...
main ye isliye kerna chahta hun takay kaam band ker kay sari tawaja study per doon...
aap sab kay suggestion, comments or replies ka intezaar rahay ga,

[usman khalid]

If you want to earn healthy profit then Special Saving Account facility of National Savings is a good option (Profit Rate 13.20% per annum).

[CssStudent]

Thanks dear, but 'll it give me per month profit?
i mean can i withdraw my profit money every month?
Also, 'll i get ATM & cash book & internet services for free?
i am very new to banking... need help, don't mind cause i am asking too many questions...
i was thinking to get Habib Bank Limited's (HBL's)
Daily Munafa Account
• Profit calculated daily, paid every month
• Up to 8.84% profit per annum*
• HBL DebitCard and Inter Branch Transaction System (IBTS) facilities
• Funds transfer to any bank through HBL PhoneBanking
• Minimum balance of Rs. 20,000**
but i think if Allied can provide good facilities then it 'll be better for me...
well, i am too much confused and don't know what to do...
awaiting suggestions...

[usman khalid]

Dear, National Saving Schemes have both advantages and disadvantages.
The main advantage of this scheme is the ‘rate of return’. On average National Savings pays higher return than any other bank in Pakistan.
The advantage is that there are no hidden charges (like account maintenance charges etc) whereas Banks usually have some hidden charges.
There is no ATM card for national savings (Only cheque books are provided to account/certificate holder) so you have to visit the nearest national savings centre to avail any kind of service.
National Savings has different types of facilities/accounts/certificates. The profit payment method (Rate, duration after which profit is credited to account) and withdrawal method may vary depending upon the nature of scheme.
You may get complete details about different products/services of national savings on: National Savings Organization, Pakistan

Banks provide you more facilities but the profit is low.

[CssStudent]

i saw that National bank tells 13% but gives 8% only!
And if we choose to withdraw the profit every month then they 'll give very very low profit...

is there any bank who does not hide it's terms of service, rules & policies?

any bank giving 8% exact profit with option to withdraw the profit money every month?

[Imtiaz Minhas]

Yah my dear Mr.Usman is 100% right. Don't go back any commercial bank. i also suggest you. you must invest At National Saving Scheme Or General Post Office. NSS is more better to any else.
Two A/c's are better for you. one is Monthly profit base Regular income certificate and second one is Special saving A/c.
In RIC you will get almost Rs.1100 profit against Rs.100000 but this profit will not be reinvest for next month. And In SSA you will get almost Rs.6600 profit against Rs.100000 after each 6 month and this profit will also reinvest for next period as well.
GPO rates is Same like NSS.
but make sure here is no any facility of ATM cards and other expensive facility.

[Abdul wadood]

bro go for Allied Bank, it fulfills ur need, u'll get approx 1000 per month n u can withdraw it

[Telesilla]

And which credit card is a better one?

[zwan]

Haq halal ki kamai ko sud par ku rakhwana chahthay ho? I know it is not a lot of money to invest in a bigger project but putting it to just get interest is not a good option either.Maybe buy a rikshaw or suzuki fx and give it to someone to ride/drive it as a taxi, either pay him a monthly pay or take rent of the car and let him earn what he can.

[Miss incradible]

Originally Posted by zwan

Haq halal ki kamai ko sud par ku rakhwana chahthay ho? I know it is not a lot of money to invest in a bigger project but putting it to just get interest is not a good option either.Maybe buy a rikshaw or suzuki fx and give it to someone to ride/drive it as a taxi, either pay him a monthly pay or take rent of the car and let him earn what he can.

me too, in favour of this marvellous advice. as 1 lac iz too less just add more to ur savings and act upon this advice