All information provided on this website is courtesy of Soneri Bank. The data presented for credit cards, loans, and other products are subject to change and should be verified with Soneri Bank directly. Our webpage is not responsible for the accuracy of the information
Maturity Benefit | Financial Security | Health Insurance | Enrollment Age | Shariah Compliant | Minimum Term Plan | Maximum Term | Administration fee | Partial withdrawal | |
---|---|---|---|---|---|---|---|---|---|
Yes | Yes | Yes | 18 to 65 years | Yes | 10-25 Years | 75 years (at maturity) | Rs. 245 per month | Yes |
Maturity Benefit
Yes
Financial Security
Yes
Health Insurance
Yes
Enrollment Age
18 to 65 years
Shariah Compliant
Yes
Minimum Term Plan
10-25 Years
Maximum Term
75 years (at maturity)
Administration fee
Rs. 245 per month
Partial withdrawal
Yes
Protection Benefit
No
Accidental Death & Disability Benefit
Yes
Annuity Benefit
Yes
Elaj Aasan
Yes
Loyalty Bonus
Yes
Life Insurance
Yes
Free Look Period
Policyholder can cancel the policy in 14 days
Allocation fee
Amount of regular basis contributions not allocated to the PIA
Initial Charges
5% bid-offer spread of basic
Investment managment fee
1.5% p.a of the net asset value in PIA
Switching Fee
Four switching are free per year, more than that with 500 Rs. deduction
Mudarib Share
40% of the investment share on the basis of MUDARABAH
Wakalah Fee from IFTPF(PTF)
Is deducted as Wakalah Fees from IFTPF(PTF)