Mahana Amdan Account - Summit Bank

Mahana Amdan Account

Summit Bank offers a unique term deposit product where you receive attractive Monthly Payouts with attractive returns.
Deposit Limits

Open with Rs.50,000 or in accordance with rack rate sheet of the bank.

Key Features

  • Monthly profit will be credited in the depositor’s linked account
  • Debit Card Issuance (Charges as per SOC)


  • Profit subject to Zakat, Withholding tax and other applicable taxes (unless exempted)
  • Regular declared TDR Profit rates (for last completed period of deposit) will be paid on Premature Encashment

Value Added Services

  • Free Online Banking
  • Free Utility Bills payments via ATM, SMS, Internet Banking, Contact Center, Summit Bank Branches
  • Free Pay Order, Demand Draft, Call Deposit Receipt
  • Free Home Remittance Payments
  • Unlimited Free of Cost Transactions (over the counter & Summit Bank ATMs)
  • Free Dispatch of Account Statements (on half yearly basis)
  • Free Electronic Account Statements
  • Free Outward Clearing Cheques (returned)
  • Free Fund Transfer within Summit Bank via ATM, Website, and Branch Network
  • Free Expired Debit Card Replacement
  • Free Personal Accidental Insurance
  • Free ATM Cash Withdrawal Insurance
  • 24/7 Customer Care


  • These are not Rack Rates
  • Special Rates offered for deposits over Rs. 5,000,000

Terms and conditions apply

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Last Updated 2023-03-20

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