Open a bank account without much hassle! With minimal documentation and no initial deposit, open your Alfalah Islamic Asaan Digital Remittance Savings Account today. Designed especially for beneficiaries of Home Remittance the product offers convenient everyday banking for customers.
| Eligibility Criteria | All Resident Pakistanis. |
| Initial Deposit | NIL |
| Product Features |
Note:
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| Benefits |
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| 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
