BankIslami profit rates for October 2026 are 6.91% a year on individual savings accounts such as Islami Bachat, so Rs 1 lakh earned about Rs 576 that month before tax, or Rs 461 for a filer. BankIslami’s 1-Year Term Deposit with monthly payout paid 8.51%, and the Islami Business Saving account paid individuals 7.01% to 7.21%. As an Islamic bank, BankIslami declares its rates after each month ends.
Last updated: 11 November 2026 by Ahmed. Rates are from BankIslami’s declared profit rates (PKR and FCY) for the month of October 2026.
Compare BankIslami with other banks in our guide to bank profit rates in Pakistan, or try your own amount in the Bank Profit Calculator.
BankIslami Profit Rates on Savings Accounts (October 2026)
| BankIslami account (individuals) | October 2026 rate |
|---|---|
| Islami Bachat Account | 6.91% |
| Islami Asaan Saving Account | 6.91% |
| Asaan Digital Saving Account | 6.91% |
| Premium Saving Account | 6.91% |
| Islami Mashal Saving Account (women) | 6.91% |
| BankIslami Kids Saving Account | 6.91% |
| Aik-Bachat Account | 6.91% |
| Humsafar Saving Plan (Hajj / Umrah) | 6.91% |
| Islami Business Saving (daily product), up to Rs 50 lakh | 7.01% |
| Islami Business Saving, Rs 50 lakh to Rs 1 crore | 7.21% |
Yearly rates declared for October 2026 (6.9079% and 7.0071% to 7.2084% on BankIslami’s sheet, rounded). These rates apply to individuals within the State Bank’s eligible balance; non-individual savings and larger individual balances got about 2.50%.
Islamic banks are not bound by the 10.50% minimum that conventional banks must pay. They share what their deposit pool earns, so BankIslami’s savings rate is lower and changes every month.
BankIslami Profit Rates on 1 Lac and Other Amounts
At the October 2026 Islami Bachat rate of 6.91%:
| Amount | Monthly profit (before tax) | Filer (after 20% tax) | Non-filer (after 40% tax) |
|---|---|---|---|
| Rs 1 lakh | Rs 576 | Rs 461 | Rs 345 |
| Rs 5 lakh | Rs 2,878 | Rs 2,303 | Rs 1,727 |
| Rs 10 lakh | Rs 5,757 | Rs 4,605 | Rs 3,454 |
| Rs 25 lakh | Rs 14,391 | Rs 11,513 | Rs 8,635 |
| Rs 50 lakh | Rs 28,783 | Rs 23,026 | Rs 17,270 |
| Rs 1 crore | Rs 57,566 | Rs 46,053 | Rs 34,539 |
Monthly profit = amount × yearly rate ÷ 12, on the declared October rate. Next month’s rate can be different.
So the BankIslami profit rate on 1 lac worked out to about Rs 576 a month for October 2026, a little more than Meezan’s Rs 566.
BankIslami Term Deposit Rates (October 2026)
| Product | Profit paid | October 2026 rate | Status |
|---|---|---|---|
| 1-Year Term Deposit Monthly Payout | Monthly | 8.51% | Open for booking |
| 1-Year Term Deposit Mahana Munafa | Monthly | 8.51% | No new booking |
| Islami Super Mahana Munafa / Salana Munafa | Monthly / maturity | 5.01% | No new booking |
| 1-Year Islamic Regular Income Certificate | Monthly / maturity | 5.01% | No new booking |
| 2- and 3-Year Term Deposits | Monthly | 5.01% | No new booking |
TDR pool rates declared for October 2026.
The product open to new money, the 1-Year Term Deposit Monthly Payout, paid 8.51%. On Rs 10 lakh that is about Rs 7,091 a month before tax.
BankIslami’s general pool also has long-term deposits that paid more in October: 5-year deposits with monthly profit paid 8.07% to 9.20% depending on the amount, and the 10-year deposit paid 10.01%. Short-term deposits (30 days to 3 years) paid only about 5.0% to 5.6%.
BankIslami vs Other Islamic Banks and Conventional Banks
| Option | Rate | Monthly profit on Rs 10 lakh (before tax) |
|---|---|---|
| BankIslami Islami Bachat (October 2026) | 6.91% | Rs 5,757 |
| Meezan Bank Saving Account (October 2026) | 6.79% | Rs 5,658 |
| BankIslami 1-Year Term Deposit, monthly | 8.51% | Rs 7,091 |
| Meezan Aamdan Certificate (October 2026) | 9.18% | Rs 7,650 |
| Conventional bank savings (HBL, MCB, Allied) | 10.50% | Rs 8,750 |
| Sarwa Islamic Savings Account (National Savings) | 11.84% | About Rs 9,867 |
Islamic bank rates declared for October 2026; conventional rates from 1 November 2026; Sarwa rate from 21 October 2026.
BankIslami’s savings rate is slightly above Meezan Bank’s, but Meezan’s certificates paid more than BankIslami’s 1-year term deposit in October. If you want a Shariah-compliant option with a higher return, the government’s Sarwa Islamic Savings Account currently pays far more than any Islamic bank savings account.
Tax on BankIslami Profit
BankIslami deducts withholding tax before paying profit: 20% for filers on FBR’s Active Taxpayers List and 40% for non-filers. See how to become a filer.
Common Mistakes
- Comparing BankIslami’s rate with a conventional bank’s rate. The 10.50% minimum does not apply to Islamic banks.
- Booking a short-term deposit. In October, 30-day to 3-year deposits paid only about 5%, less than the savings account.
- Assuming the rate is fixed. Islamic bank rates are declared monthly and change.
- Forgetting filer status. A non-filer loses 40% of profit to tax.
Compare more: see National Savings profit rates 2026, the monthly profit on Rs 10 lakh in Pakistani banks, or work out your own amount on the bank profit calculator.
BankIslami Profit Rates: FAQs
What is the BankIslami profit rate on 1 lac?
About Rs 576 a month before tax at the October 2026 Islami Bachat rate of 6.91%. A filer keeps about Rs 461 after 20% tax.
What is the BankIslami Islami Bachat Account profit rate?
6.91% a year for individuals for October 2026 (6.9079% on BankIslami’s declared rate sheet).
What is the BankIslami term deposit rate?
The 1-Year Term Deposit with monthly payout, which is open for new booking, paid 8.51% for October 2026.
Why is BankIslami’s profit rate lower than conventional banks?
BankIslami is an Islamic bank. It shares the profit its deposit pool earns each month under Mudarabah, instead of paying the State Bank’s 10.50% minimum, which applies only to conventional banks.
BankIslami mein 1 lakh par kitna munafa milta hai?
October 2026 ke rate (6.91% salana) par Rs 1 lakh par taqreeban Rs 576 mahana munafa mila. Filer ko tax ke baad taqreeban Rs 461 milte hain.
This guide is for general information only and is not financial, tax or religious advice. Rates change every month, so confirm the latest figures with BankIslami before you invest.
Related Guides
- Meezan Bank profit rates
- Islamic banks in Pakistan
- Sarwa Islamic Savings Account
- Bank profit rates in Pakistan (all banks)
- Bank Profit Calculator
- HBL profit rates
- Fixed deposit rates in Pakistan