2. What is the minimum & maximum balance requirement to open this account?

Minimum balance requirement for opening this account is Rs. 10,000/- with a maximum of Rs.1, 000,000/-

3. How often can a customer withdraw funds?

Three debit transactions are allowed in a month either through cheques or Debit Card/POS machine.

4. How often can a customer deposit funds?
There is no restriction on deposit transactions.

5. Will customer be issued cheque book and Hilal (Debit) card?
The bank will issue the first cheque book of 25 leaves and a Debit card free of cost.

6. When will the profit be credited in the account?
Profit will be calculated on monthly minimum balance basis and will be credited in the account on quarterly basis. No profit shall be payable for a particular month, if the minimum balance for any particular day of said month falls below the amount of Rs. 10,000/-.

7. Is online facility available for this account?
Yes it is. (Subject to fulfillment of all related requirements)

8. Are their any service charges for this account?
All service charges are as per the prevailing ‘Schedule of Charges’

9. How many Kifayat accounts can be opened by one customer?
Only one account per customer will be allowed across all branches of Bank Alfalah.

10. When will account statement be generated?
Account statement will be generated on half yearly basis.


Download Alfalah Kifayat flyers & print ads:

1. Alfalah Kifayat - English Ad
2. Alfalah Kifayat - English Flyer
3. Alfalah Kifayat - Urdu Flyer

Application Process

To begin the process and further details please call 111-225-111 or visit your nearest Bank Alfalah Branch.

or,

Download application form