Samba Bank Profit Rates 2026: Savings, Term Deposits and What the 12% Policy Rate Means in Pakistan

Samba Bank pays 10% a year on rupee savings for individuals with up to Rs 10 million, and 9% above that, under its expected rates for 1 August to 31 December 2026. Its term deposits pay 9% for one week to one month, 8.64% for three months, 8.06% for six months and 8.09% for a year. Samba links the savings rate to the State Bank policy rate, so the 26 October rise to 12% should push it up.

That last point is the one savers should watch this month. We read Samba Bank's expected rate of return notice and its schedule of charges for July to December 2026 on samba.com.pk on 31 October 2026. Below are the rates by customer type, the term deposit table, what the formula implies after the rate rise, and what breaking a deposit early costs.

Samba savings accounts pay 10% for individuals up to Rs 10 million

Individuals with an average balance up to Rs 10 million earn 10%, which Samba defines as the policy rate minus 1.5 percentage points. Individuals above Rs 10 million, companies, sole proprietors and other entities earn 9%, the policy rate minus 2.5 points.

Profit is paid monthly or every six months. Samba's savings account page adds that profit is taxed at the prescribed withholding rate and that Zakat of 2.5% is deducted on the first of Ramadan from balances above the nisab. The tax side is covered in tax on bank profit.

Samba's formula points to 10.5% from November

The State Bank raised the policy rate from 11.5% to 12% on 26 October 2026. On Samba's own formula, policy rate minus 1.5 points, the individual savings rate would become 10.5%. Samba had not published a revised notice when we checked on 31 October.

The 10.5% figure is our arithmetic, not an announced rate. The rate notice says the expected rates are minimums that change with the State Bank's corridor floor and will be notified. State Bank rules move the minimum savings rate from the first day of the month after a policy change, which is explained in how the minimum savings rate follows the SBP floor. So check the profit credited for November against 10.5%.

On Rs 1 million, 10% gives about Rs 8,333 a month before tax, and 10.5% about Rs 8,750. That Rs 417 a month gap is also our arithmetic, and it is worth a phone call to 0800 72622 if it is missing.

Samba term deposits pay 8.06% to 9% in 2026

Rupee term deposits pay 9% for one week, two weeks and one month, then 8.64% for three months, 8.06% for six months and 8.09% for one year. One and two week deposits pay at maturity, and the rest pay monthly.

Read that table carefully. Every term deposit pays less than the 10% savings rate. An individual under Rs 10 million gets more, with no lock in, by leaving the money in savings. Term deposits only make sense here if you have more than Rs 10 million, where savings drops to 9%, or if you can negotiate. Samba says deposits of Rs 5 million and above are wholesale amounts and can be negotiated. Rates at other banks are compared in fixed deposit rates in October.

Dollar deposits under FE-25 pay very little: 0.10% for one month up to 0.40% for a year, and 0.20% on a dollar savings account.

Breaking a Samba term deposit early can cost you profit and principal

On early encashment Samba pays profit for the completed period at the lower of the State Bank rack rate at booking or at encashment. It then charges the gap between KIBOR and your agreed rate for the remaining days, and may recover that from principal.

1. Ask the branch for the profit already earned at the rack rate for your completed days.
2. Ask for the KIBOR rate matching your remaining days on the encashment date.
3. If KIBOR is above your deposit rate, the gap times your principal times remaining days over 365 is the charge.
4. For deposits of one year or more broken inside a year, add the cash reserve cost adjustment.
5. Ask whether the business head will reduce or waive it, which the schedule allows.

KIBOR generally moves with the policy rate, so after the October rise this charge is more likely to apply to a deposit booked earlier at a lower rate. That is our reading, not Samba's. Dollar deposits broken early earn the rate of the last completed tenure, and nothing if broken inside a month. Other banks' approach is set out under breaking a fixed deposit early.

Common questions

What is the Samba Bank savings profit rate in 2026?

10% for individuals with up to Rs 10 million and 9% above that, under the notice for 1 August to 31 December 2026.

Will Samba raise its savings rate after the SBP increase?

Samba's formula is the policy rate minus 1.5%, which gives 10.5% at a 12% policy rate. Samba had not published a revised rate on 31 October.

What is the Samba Bank one year term deposit rate?

8.09%, paid monthly, under the August to December 2026 notice.

Can I negotiate a Samba deposit rate?

Yes, for Rs 5 million and above, and for deposits under 30 days, according to the bank's notes.

What is the Samba Bank helpline?

The toll-free number is 0800 72622, written by the bank as 0800 SAMBA.

How we verified this

What we checked, where we read it, and what we could not confirm.

We read Samba Bank's notices page, its expected rate of return for 1 August to 31 December 2026, the July to December 2026 schedule of charges, the savings and term deposit product pages and the contact page on 31 October 2026. The 10.5% figure and all rupee examples are our arithmetic from Samba's stated formula. We could not verify any November rate notice because none was published when we checked.