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Falah Classic Savings Account (Regular Savings Account)Falah Classic Savings Account (Regular Savings Account)

Falah Classic Savings Account (Regular Savings Account)

If you are looking for Riba free returns on your investments based on Islamic principles then Falah Classic Savings Account is best suited for you.

Eligibility Criteria All Pakistani Nationals with CNIC/NICOP/SNIC.
Initial Deposit PKR 100/-
Product Features
  • Single tier account
  • No minimum and maximum balance limit
  • Profit is calculated on average monthly balance
  • Profit disbursement semi-annually
  • No restriction on number of deposit or withdrawal transactions
Benefits
  • VISA Debit/ATM Card accepted at over 30 million outlets and more than 2 million ATMs worldwide
  • Free first cheque book
  • Free online banking nationwide
  • Free e-statements
  • SMS alert on every transaction
  • Complimentary account statement semi-annually
Additional Benefits On maintaining, an average monthly balance of PKR 10,000/- in your checking account, get free accidental death and permanent disability takaful coverage of up to PKR 2 Million.

On maintaining a minimum monthly average balance of PKR 1m or equivalent FCY deposit in current/savings/term deposit accounts, avail numerous free services as per our preferred banking services.

Underlying Principle This product is based on the concept of Mudarabah

Note:

  • Profit calculation & distribution will as per prevailing pool management guidelines
  • All the free services are subject to the terms and conditions as per prevailing Schedule of Charges
  • Withholding Tax and Zakat is applicable as per existing policy of Government
Apply Now Or you can apply for Falah Classic Savings Account at the branch