What is Investment of Allied Bank?
An investment bank is a financial institution that assists individuals, corporations, and governments in raising financial capital by underwriting or acting as the client’s agent in the flow of securities. Every individual has specific needs and preferences.
Below we break down each of the major functions of the investment bank and provide a brief review of the changes that have shaped the investment banking industry through the aftermath of the 2008 financial crisis. Your needs could vary from buying a house, providing for your child’s education, getting your child married, retirement, and many more. First Allied Bank Online investment services cater to your all financial needs and help secure your future.
What Saving and Term Deposits
Your Savings packed into a bed will never grow. But money deposited in a Savings Account or in a fixed-term works for you by earning interest and is also a lot safer. The longer that saving stays in your account, the more you’ll make out of it.
Saving Accounts give you the ability to earn profit along with the flexibility to withdraw funds whenever you require offsetting a financial emergency or need. The profit is earned as per the mechanics of Saving Accounts which are mostly on the basis of Minimum Deposit maintained in the account.
At the maturity date of your term deposit
- To withdraw your principal deposit along with the profit that your savings earned, or
- You roll over the funds altogether or partially for another term to gain more profit.
There is a core principle that relates to the term deposit i.e. the longer the period of time for which you are prepared to commit your funds with Banking Pk, the better will be the rate and greater will be the income. Our Term Deposits can help you reach your savings goal.
Fixed Income Products
First Allied Bank Online offers you the following fixed investment options to help you build your wealth at low risk with secure returns, safety, convenience, and Tax benefits.
At First Allied Bank Online, we offer you a Fixed Deposit which is one of the safe and secured instruments to invest into. Attractive rate of returns and flexibility to withdraw funds as and when required are some of the benefits of Fixed Deposit along with ease of investment and loan against the deposit. Invest in First Allied Bank Online Fixed Deposit and give the opportunity to your money to grow.
We offer various types of bonds, which help investors to invest in the instruments having fixed maturity with regular interest over a specified period of time.
Public Provident Fund
First Allied Bank Online offers a Public Provident Fund scheme for salaried as well as for self-employed people to encourage savings habit and provides long-term investment road which ensures safety, convenience and Tax benefits.
First Allied Bank Online offers you the following wide range of investment products that may help you to expand your investment holdings.
Mutual Funds, with their professional management through the expertise of their fund managers, are one of the best options to meet your long term investment goals. In addition, it also brings the advantages of diversification, liquidity, convenience and tax efficiency. Mutual funds are however, subject to market risks and respective scheme documents should be referred before making investments.
Gold has been commonly a popular investment for Indians. In keeping with the traditional investment idea. First Allied Bank Online with its ‘Pure Gold’ and ‘Pure Silver’ offer attempts fulfills this need in our hold dear customers.
IPO through ASBA
First Allied Bank Online savings accounts are making IPO application a hassle-free process for you. Instead of moving out funds from your account, the amount can now be blocked and you keep on earning the interest even while you invest.